Which of the Following Is an Advantage of a Global

question 37

Multiple Choice

Which of the following is an advantage of a global area division structure?

• A)The structural arrangement helps a firm manage a diverse product line
• B)The structural arrangement helps a firm cater to local needs in foreign markets
• C)The marketing, production and finance divisions of the firm can be coordinated on a product-by-product global basis
• D)The structural arrangement helps a firm develop an overall, unified approach to international markets

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Definitions:

80/20 Principle

Also known as the Pareto Principle, it suggests that roughly 80% of effects come from 20% of causes, commonly applied in business and economics.

FAB Closing

A sales technique that emphasizes the Features, Advantages, and Benefits of a product or service during the closing phase of a sales pitch.

Extra-Large

A size category indicating items significantly larger than the standard or medium size.

Classifies Accounts

The process of organizing customer accounts into categories for targeted marketing strategies, sales efforts, or customer service improvement.