The ________ organizational system's main advantage is that the company is organized around the needs of specific market segments.
A)product management
B)market management
C)geographic management
D)vertical management
E)functional management

Question

Quizplus · Accepted Answer

Market management organizational system is designed to cater to the specific needs of market segments, which makes it easier for the company to target and serve specific customers. This system allows the company to be more customer-centric and agile in responding to changes in customer preferences and market trends. Product management focuses on managing individual products and their development, geographic management divides the company by geographic regions, vertical management focuses on managing the supply chain and production process, while functional management organizes the company by departments such as marketing, finance, and operations.

The ________ Organizational System's Main Advantage Is That the Company