Which of the following statements is true regarding a market structure?
A) A market structure is a type of a functional structure.
B) A market structure aligns functional skills and competences with the product needs of different customer groups.
C) Organizations using the market structure have the tallest hierarchies.
D) The market structure is the most suitable for a company that operates in a continuously changing environment and manufactures complex products.
B
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In which stage of the business buying process does a buyer ask users to rate their satisfaction with the supplied materials?
A) problem recognition B) performance review C) supplier search D) supplier selection E) order-routine specification
A firm with sales of $1,000,000, net profits after taxes of $30,000, total assets of $1,500,000, and common stockholders' investment of $750,000 has a return on equity of ________
A) 20 percent B) 15 percent C) 3 percent D) 4 percent