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.

Question

Quizplus · Accepted Answer

A market structure aligns functional skills and competences with the product needs of different customer groups. This structure is characterized by cross-functional teams that work together to ensure that the organization meets the needs of its customers. The other statements are not true regarding a market structure - it is not a type of functional structure, the hierarchy can vary by organization, and it may not be the most suitable for a company that manufactures complex products in a continuously changing environment.

Which of the Following Statements Is True Regarding a Market