Functional structures work best for firms with:
A) diversified products.
B) diversified markets.
C) single and dominant business strategies.
D) conglomerate strategies.

Question

Quizplus · Accepted Answer

Functional structures are best suited for firms with single and dominant business strategies as they allow for specialization and efficiency in performing specific tasks within the organization. Diversified products or markets may require a more complex organizational structure such as a matrix or divisional structure, while conglomerate strategies involve multiple unrelated businesses and may require a holding company structure.

Functional Structures Work Best for Firms With