Companies develop new structures in stages as their product diversity develops and the share of foreign sales increases.

Question

Quizplus · Accepted Answer

As companies expand their product portfolio and increase their foreign sales, they often develop new structures to accommodate this growth. These structures may include new departments, divisions or regional offices to better manage the diverse offerings and markets. This process typically happens in stages as the company continues to grow and evolve.

Companies Develop New Structures in Stages as Their Product Diversity