Which of the Following Organizational Forms Allows Managers to Take

question 39

Multiple Choice

Which of the following organizational forms allows managers to take responsibility for the areas in which they specialize?

• A) Line structure
• B) Functional structure
• C) Line-and-staff structure
• D) Matrix structure
• E) A committee

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Definitions:

Selective Demand

The demand for a specific brand or product rather than the category as a whole, often influenced by advertising and consumer preferences.

Competitors

Entities that operate in the same or similar industry and offer comparable products or services, thereby vying for the same customer base.

Skimming Pricing Strategy

A pricing approach where a product is initially set at a high price before gradually lowering it over time to capture different segments of the market.

R&D Costs

Expenses related to the research and development activities of a company, aimed at the innovation, improvement, or development of new products or services.