A form of organization in which divisions are organized around product or geographic markets is referred to as a ________.
A) functional structure
B) multidivisional structure
C) network
D) matrix

Question

Quizplus · Accepted Answer

A multidivisional structure, also known as a divisional structure, organizes a company into semi-autonomous units based on product lines or geographic regions. Each division has its own management team, resources, and goals, which allows for greater focus and responsiveness to market conditions. This structure is commonly used by large companies with diverse product portfolios or global operations.

A Form of Organization in Which Divisions Are Organized Around