Which of the following is a disadvantage of a geographic area structure?
A) geographic area managers' lack of global orientation for developing and managing products
B) limited communications and coordination among the subsidiaries within each geographic region
C) minimal balance between global integration and local adaptation
D) decreased responsiveness to customer needs and wants in each regional/local market
A
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The principle difference between the various required Natural Hazard Disclosures and the Transfer Disclosure Statement (TDS) is that:
A: The seller is responsible for making the disclosures, and the broker need not concern himself; B: The broker is primarily responsible for making the disclosures, not the seller; C: They only have to be provided if the seller has suffered actual property damage from the hazard, whereas the TDS must reveal known property defects regardless of whether any damage has occurred; D: The seller and/or the seller's agent must consult published maps of known hazard areas to detect and disclose relevant hazards, whereas the TDS requires disclosure of all known property defects.
A professor, dissatisfied with a product he's purchased, bad mouths the product to his class, resulting in decreased market share (since the students believe everything he tells them). The manufacturer suffers:
A) an internal failure cost. B) an external failure cost. C) a prevention cost. D) an appraisal cost.