Organizational Structures
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Questions and Answers

Which of the following best defines an organization?

  • A group of people with similar interests
  • A social unit of people structured to meet a need (correct)
  • A collection of individuals with different goals
  • A network of individuals with shared responsibilities
  • What is the purpose of a management structure in an organization?

  • To determine relationships between activities
  • To affect and be affected by the environment
  • To assign roles and responsibilities to members (correct)
  • To carry out different tasks
  • What is a market segment?

  • A group of consumers with different needs
  • A group of consumers with similar needs (correct)
  • A group of consumers with no specific needs
  • A group of consumers with changing needs
  • What type of information can be used to construct consumer profiles?

    <p>Demographic information and consumption power</p> Signup and view all the answers

    What is the purpose of environmental analysis in an organization?

    <p>To identify both present opportunities and future threats that can impact a firm's ability to survive and thrive</p> Signup and view all the answers

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