The Regionalized Organization

question 52

Multiple Choice

The regionalized organization

• A) has the advantage that it avoids duplication of product and functional specialists.
• B) seems to be popular with companies that have diverse products, each with different product requirements, competitive environments, and political risks.
• C) avoids problems with global product planning.
• D) has geographic area managers report directly to domestic operating units.

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Definitions:

Chief Communications Officer

A high-ranking executive responsible for overseeing an organization's internal and external communications strategies, public relations, and media relations.

Chief Business Officer

A top executive responsible for the overall business strategy and financial operations within an organization.

Chief Financial Officer

The executive responsible for managing the financial actions of a company, including financial planning and record-keeping.

Public Disclosure

The release of information to the general public, often related to financial performance, legal issues, or other significant matters that affect public perception.