An Organizational Structure That Is Based on Specific Customer Segments,such

question 36

Multiple Choice

An organizational structure that is based on specific customer segments,such as the banking,health care,or manufacturing segments,is using:

• A)product line grouping.
• B)geographical grouping.
• C)functional grouping.
• D)market-based grouping.

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Definitions:

Financial Matters

Pertains to issues, operations, or decisions involving the management, investment, and expenditure of money.

High Failure Rate

A situation where a significant proportion of attempts or efforts in a particular endeavor result in failure.

Competitive Business

A business that actively strives for a superior position in the marketplace through strategies like innovation, quality improvement, and customer service enhancement.

Challenges of Growth

The difficulties and obstacles that a company or organization faces as it expands or increases in size.