Firms that follow a single-business or dominant-business strategy at the corporate level generally employ a Blank______ structure.Multiple choice question.multidivisionalfunctionalmatrixsimple
Question
Firms that follow a single-business or dominant-business strategy at the corporate level generally employ a Blank______ structure.Multiple choice question.multidivisionalfunctionalmatrixsimple
Solution
The correct answer is "functional". Firms that follow a single-business or dominant-business strategy at the corporate level generally employ a functional structure. This is because a functional structure is organized around specific activities such as production, marketing, and human resources. It is most effective when an organization does not have a large number of products or services requiring special attention.
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