Firms implementing cost-leadership strategies will generally adopt what is known as a functional organizational structure.

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Firms implementing cost-leadership strategies aim to minimize costs and maximize efficiency in their operations. This is typically achieved through a functional organizational structure, where employees are organized into departments based on their specialized skills and functions. This structure allows for greater coordination and control, which leads to greater efficiency and cost savings. Therefore, the statement is true.

Firms Implementing Cost-Leadership Strategies Will Generally Adopt What Is Known