A Divisional Structure by Product Is Most Effective When

question 25

Multiple Choice

A divisional structure by product is most effective when

• A) special emphasis needs to be placed on specific products.
• B) an organization offers few products.
• C) an organization's products or services differ substantially.
• D) special emphasis needs to be placed on specific services.
• E) all of the above

---

Definitions:

Great Depression

A severe worldwide economic depression that took place mostly during the 1930s, starting in the United States.

John Maynard Keynes

A British economist whose ideas fundamentally changed the theory and practice of macroeconomics and economic policies of governments.

Classical Economists

Early economists, such as Adam Smith and David Ricardo, who focused on the role of free markets in promoting economic growth and efficiency.

Recession

A period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in successive quarters.