Asked by Eunice Monpremier on Jun 01, 2024
Verified
An entrepreneur forming a new organization to produce and market a single product line using a focused strategy probably should develop the organization structure according to the ____ design.
A) product
B) network
C) place
D) functional
Focused Strategy
A business approach where a firm chooses to target a specific market niche, concentrating its resources on serving that segment to the exclusion of others.
Product Design
The process of creating a new product to be sold to customers, considering its form, function, and usability.
Functional Design
The aspect of designing that focuses on the practical and operational use of an object, ensuring it effectively fulfills its intended purpose.
- Understand and identify the multiple types of organizational frameworks, encompassing functional, product, and decentralized structures.
Verified Answer
Learning Objectives
- Understand and identify the multiple types of organizational frameworks, encompassing functional, product, and decentralized structures.
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