WLGore Has Four Product Divisions: Electronic Products, Industrial Products, Medical

question 52

Multiple Choice

W.L.Gore has four product divisions: electronic products, industrial products, medical products, and fabrics division.It also has manufacturing facilities in U.S., China, Germany, Japan, and Scotland, and business activities in 30 countries across the globe.Based on this information, which of the following statements is most accurate?

• A) W.L. Gore is pursuing a cost-leadership strategy.
• B) W.L. Gore is using a multidivisional structure.
• C) W.L. Gore is using a simple structure.
• D) W.L. Gore is pursuing an integration strategy.

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Definitions:

Market Economy

An economic system where supply and demand from consumers drive the production and pricing of goods and services.

Industrial Revolution

A period of major industrialization from the late 18th to early 19th century that transformed primarily agrarian, rural societies in Europe and America into industrialized, urban ones.

Technological Trade Secrets

Any practice, formula, design, instrument, pattern, or information which is not generally known or reasonably ascertainable, used by a business to gain a competitive advantage over competitors or customers.

Public Improvements

Projects and initiatives undertaken by government entities aimed at enhancing community infrastructure, services, and overall quality of life.