Question: A firm with a functional structure may see its initial markets mature, so it looks beyond its present products and markets for possible expansion. A

A firm with a functional structure may see its initial markets mature, so it looks beyond its present products and markets for possible expansion. A strategy of related diversification requires a need to reorganize around product lines or geographic markets. This leads to a

q,

q,

maintains its functional structure

develops a divisional structure

develops a matrix structure

develops a worldwide product

-

division structure

A firm with a functional structure may see its initial markets

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