One Disadvantage of the Global Product Division Structure Is the Necessity

question 37

True/False

One disadvantage of the global product division structure is the necessity of duplicating facilities and staff personnel within each division.

---

Definitions:

Rent Subsidies

Financial assistance provided by the government or other organizations to help individuals or businesses afford the cost of renting property.

Wage Subsidies

Direct financial support from the government to employers or employees to encourage the hiring of workers or to maintain employment levels.

Price Controls

Price Controls are governmental restrictions on the prices that can be charged for goods and services in a market, aiming to curb inflation and ensure affordability.

Binding Minimum Wage

A set wage minimum by the government that is above the equilibrium wage, leading to potential excess supply of labor, or unemployment.