A steel producer implements a strategy to achieve economies of scale throughout its world operations. Which of the following structures should it adopt?
A) global geographic
B) global product group
C) functional structure
D) multidivisional matrix

Question

Quizplus · Accepted Answer

A global product group structure allows for centralization and standardization of product development, production, and marketing across all world operations, thereby achieving economies of scale. This structure is most suitable for companies seeking to achieve economies of scale by producing and selling a standardized product globally.

A Steel Producer Implements a Strategy to Achieve Economies of Scale