Jenatech LLC Is a Global Firm Whose Markets Include North

question 37

Multiple Choice

Jenatech LLC is a global firm whose markets include North America,the European Union,South America,and the Middle East.Its headquarters locations in Chicago,Paris,Brasilia,and Dubai are each veritable beehives of activity,where strategic planning,control,and coordination of marketing for each specific market area occur.Jenatech employs a ___________________ organizational format.

• A) region-based
• B) product-based
• C) function-based
• D) matrix

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Definitions:

Slope

A measure of the steepness or gradient of a line, representing the ratio of the vertical change to the horizontal change between two points on the line.

Price

The financial cost associated with acquiring a good, service, or asset.

Income

Funds obtained regularly from work performed or investments made.

Budget Line

The budget line represents the combination of goods and services that a consumer can purchase given their income and the prices of those goods and services.