The ________ Tends to Work Best in Smaller Firms and Those

question 86

Multiple Choice

The ________ tends to work best in smaller firms and those with few products or services.

• A) functional structure
• B) multidivisional structure
• C) network
• D) matrix

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Definitions:

World Systems Theory

A socio-economic theory that suggests the world is divided into core, semi-peripheral, and peripheral countries, with wealth and power concentrated in the core.

Commodity Chain

The network of production and labor processes by which a product becomes a finished commodity. By following the commodity chain, it is evident which countries gain profits and which ones are being exploited.

Division of Labor

The allocation of different tasks to different people or groups in a society, contributing to economic efficiency and specialization.

Core Nations

Countries that dominate global trade and economics, often through technological advancement and wealth.