Asked by Jessica Lapnow on Jun 28, 2024
Verified
The advantages of the M-Form of firm organization is
A) divisions can respond more easily to changes in customer demand
B) it is easier to maintain customer relationships
C) there is less coordination across the firm's divisions
D) all of the above
M-Form
The Multidivisional Structure, a form of organizational structure where a corporation is divided into several semi-autonomous divisions, each with its own management.
Customer Demand
The amount of a product or service that buyers are prepared and can afford to buy at a certain price.
Coordination
The method of coordinating individuals or teams to ensure they collaborate effectively and efficiently.
- Recognize the features and benefits of M-Form (Multidivisional Form) organizational structures.
- Evaluate the implications of organizational design on divisional coordination, customer responsiveness, and employee evaluation.
Verified Answer
ZK
Zybrea KnightJul 04, 2024
Final Answer :
D
Explanation :
The M-Form (Multidivisional Form) of firm organization allows for divisions to specialize and respond more quickly to changes in their specific markets, including changes in customer demand. It also facilitates easier maintenance of customer relationships due to the focus on specific product lines or market areas. Additionally, by decentralizing decision-making, it reduces the need for coordination across divisions, allowing each to operate more autonomously while aligning with the firm's overall strategy.
Learning Objectives
- Recognize the features and benefits of M-Form (Multidivisional Form) organizational structures.
- Evaluate the implications of organizational design on divisional coordination, customer responsiveness, and employee evaluation.