Refer to the Scenario Below to Answer the Question That

question 123

Multiple Choice

Refer to the Scenario below to answer the question that follows.
Departmentalization at Art & Craft Depot (Scenario)
John is president of a chain of stores called Art & Craft Depot.He is aware that the structure of his organization must change in order to compete more effectively in today's global marketplace.However,he is not sure which structure would work best for his company.His company is currently organized under the following departments: accounting,human resources,sales,purchasing,and distribution.However,there are other choices available.He has considered reorganizing around their primary product groups: silk flowers,art supplies,craft supplies,pottery,and fabric.However,equally important are the different types of clients they serve,including homemakers,artists,interior decorators,industrial display contractors,and art schools.The business is growing,and they now have stores in six provinces across Canada.Furthermore,his customers seldom shop for just one type of item.For example,a customer who buys flowers will frequently purchase a vase and other supplies that are required to create a full floral arrangement.This means that individual customers often shop in several merchandise areas of the store.
-Who is the key value chain partner in this scenario?

• A)manufacturer
• B)distributor
• C)customer
• D)supplier

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Definitions:

Payoff

The return or reward received from an investment or action, often used in the context of games, strategies, and economic decisions.

Swerve

A sudden change in direction, often used metaphorically to discuss changes in plans, decisions, or behaviors.

Dominant Strategy Equilibrium

Dominant strategy equilibrium exists in a strategic game when each player has a strategy that yields the highest payoff regardless of the strategies chosen by other players.

Swerve

The act of suddenly changing direction, often to avoid a collision or obstacle.