The Regionalized Organization

question 71

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) often encounters problems with global product planning.
• D) two of the above.
• E) all of A, B, and C.

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Definitions:

Accounts Payable

Represents money owed by a company to its creditors for goods and services purchased on credit.

Accounts Receivable

Payments due to a business by its customers for products or services that have been dispatched or exploited, yet are still unpaid.

Interval Measure

A statistical measure that indicates the range within which a population parameter lies with a certain degree of confidence.

Current Assets

Assets that are expected to be converted into cash, sold, or consumed within a year or within the business's normal operating cycle.