A Strategy of Related Diversification Requires Most Firms to Organize

question 53

Multiple Choice

A strategy of related diversification requires most firms to organize around geographical areas or product lines.This type of organizational growth leads to a(n) ________ structure.

• A) divisional
• B) functional
• C) matrix
• D) international

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Definitions:

Intellectual Capital

The intangible value of a company's employee knowledge, business training, and any proprietary information that contributes to the company's competitive advantage.

Knowledge Management

The method of generating, distributing, utilizing, and controlling an organization's knowledge and information to improve its efficiency and competitive edge.

Data

Raw facts and observations.

Information

Data made useful for decision-making.