[Answer] A company that is organized by both product and function is using ________ organization. (Select the best answer.)

Answer: Matrix
A company that is organized by both product and function is using ________ organization. (Select the best answer.)
LA Gear is an example of company that uses product departmentalization. Its structure is based on its varied product lines which include women’s footwear etc. Customer departmentalization – Grouping activities on the basis of common customers or types of customers. Jobs may be grouped according to the type of customer served by the organization .
Contract management or contract administration is the management of contracts made with customers vendors partners or employees. Contract management includes negotiating the terms and conditions in contracts and ensuring compliance with the terms and conditions as well as documenting and agreeing on any changes or amendments that may arise during its implementation or execution.
Consumer organization – Wikipedia
Database marketing – Wikipedia
Business ethics – Wikipedia
Specification (technical standard) – Wikipedia
History. Two precursor organizations to the modern consumer organization are standards organizations and consumers leagues. Both of these appeared in the United States around 1900. Trade associations and professional societies began to establish standards organizations to reduce industry waste and increase productivity. Consumer leagues modeled themselves after trade unions in their attempts …
The secondary market also known as the aftermarket is the financial market where previously issued securities and financial instruments such as stock bonds options and futures are bought and sold.The term “secondary market” is also used to refer to the market for any used goods or assets or an alternative use for an existing product or asset where the customer base is the second market …
Database marketing is a form of direct marketing using databases of customers or potential customers to generate personalized communications in order to promote a product or service for marketing purposes. The method of communication can be any addre…

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