Which of the Following Statements Is True About a Product

question 58

Multiple Choice

Which of the following statements is true about a product divisional structure?

• A) In a product divisional structure, the responsibility for the financial control of the firm is typically decentralized.
• B) A product divisional structure tends to be organized on geography.
• C) In a product divisional structure, each product division is set up as a self-contained, largely autonomous entity with its own functions.
• D) In a product divisional structure, the responsibility for operating decisions is typically centralized.

Critically assess the strength of inferences and conclusions.

Understand the application of logical patterns in various contexts.

Appreciate the historical and philosophical significance of logic.

Understand and apply the concept of applying a generalization in logical reasoning.

---

Definitions:

Geodemographic

The study of populations and their characteristics, such as age, gender, and income, in specific geographic areas for market segmentation purposes.

Psychographic

Pertaining to the study of consumer lifestyles, attitudes, beliefs, and values to understand buying behaviors and preferences.

Occasion Segmentation

A type of behavioral segmentation based on when a product or service is purchased or consumed.

Psychographic Segmentation

The division of a market into segments based on consumer personality traits, values, attitudes, interests, and lifestyles.