The Worldwide Product Division Structure

question 30

Multiple Choice

The worldwide product division structure

• A) is weak in local responsiveness.
• B) inhibits the realization of location economies.
• C) inhibits the realization of experience curve economies.
• D) limits the transfer of core competencies between areas.

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Definitions:

Launching Product

The process of introducing a new product into the market, involving strategies for marketing, distribution, and sales.

New Product Development

This refers to the complete process of bringing a new product or service to the market, encompassing idea generation, product design, and marketing strategy.

Product Design

The process of creating a new product to be sold by a business to its customers, focusing on specifications, features, and aesthetics.

Holistic

An approach that emphasizes the importance of the whole and the interdependence of its parts, often used in management and problem-solving to consider all factors.