A Firm's Organizational Structure Is Comprised of

question 80

Multiple Choice

A firm's organizational structure is comprised of

• A) resource strengths and competitive capabilities that allow it to incorporate attributes at lower costs than rivals whose products have similar attributes.
• B) the formal and informal arrangement of tasks, responsibilities, lines of authority, and reporting relationships by which the firm is administered.
• C) excellent marketing and sales skills to convince buyers to pay a premium price for the attributes/features incorporated in its product.
• D) sustainable distinctive competencies to ensure cost reduction and competitiveness.
• E) a number of independent functional units involved in some common undertaking, with one unit typically in a more central role.

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A form of financial aid provided by the federal government to state or local governments for general governmental functions or specific projects with fewer restrictions than categorical grants.

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