Asked by
Debra Ledjuan
on Nov 22, 2024
Verified
Mxor Motors is an automobile manufacturer with a meganational strategy under which the company targets only premium customers with its limited range of automobiles. However, in spite of its limited product range, the company requires large capital investments. In this context, it can be said that Mxor Motors most likely uses a _____.
A) metric-based organizational structure
B) transitional organizational structure
C) functional organizational structure
D) cloud-based organizational structure
Functional Organizational Structure
An organizational framework where the company is divided into departments based on their function, such as marketing, finance, or manufacturing.
Meganational Strategy
A business strategy that emphasizes operating and competing in multiple countries as if they were a single global market.
Capital Investments
Expenditures by a company to acquire or upgrade physical assets such as property, industrial buildings, or equipment.
- Ascertain the distinguishing features and deviations of multifarious organizational schemes, including functional, divisional, matrix, and network arrangements.
- Recognize the ways in which organizational frameworks adjust to support strategies that are multinational, meganational, or multidomestic.
Verified Answer
SC
Learning Objectives
- Ascertain the distinguishing features and deviations of multifarious organizational schemes, including functional, divisional, matrix, and network arrangements.
- Recognize the ways in which organizational frameworks adjust to support strategies that are multinational, meganational, or multidomestic.