How can a "positioning" map be created and used? How is Trader
Joe’s an example of segmentation and positioning? Any Canadian
example similar to Trader Joe’s? At least two.
Answers
A "positioning" map can be created by plotting various brands or products based on their perceived attributes or characteristics in the minds of consumers.
The map typically uses two dimensions that are relevant to the target market. It helps identify the competitive landscape, market opportunities, and potential gaps for a brand to differentiate itself. The map can be used to make strategic decisions, such as identifying a unique positioning, assessing market positioning relative to competitors, and identifying areas for product development or repositioning.
In Canada, two examples similar to Trader Joe's are:
Bulk Barn: Bulk Barn is a retail chain that focuses on bulk food products, offering a wide range of items such as nuts, dried fruits, grains, and spices. They emphasize a cost-effective approach by allowing customers to purchase quantities according to their needs, reducing packaging waste. Bulk Barn targets health-conscious consumers and those looking for affordable and customizable food options.
Farm Boy: Farm Boy is a regional grocery chain in Canada that positions itself as a fresh food destination. They emphasize locally sourced produce, prepared foods, and a variety of specialty items. Farm Boy caters to customers seeking high-quality, fresh ingredients, and a unique shopping experience.
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Related Questions
can someone answer me this please
Answers
Answer:
Higher fixed costs and Deteriorating net cash flow postion
Explanation:
the management wishes budget figures to exceed actual figures in operating expenses because more expenses are paid in actual terms than budgeted terms, and vice versa. group of answer choices true false
Answers
False , If more expenses are paid than budgeted expenses, then the actual figures will exceed budgeted figures in operating expenses. This is an unfavorable situation.
An expense is a price that organizations incur in going for walks in their operations. Prices encompass wages, salaries, maintenance, lease, and depreciation. Fees are deducted from revenue to arrive at profits. agencies are allowed to deduct sure charges from taxes to assist alleviate the tax burden and bulk up income.
Running charges include the fee of income, achievement, advertising, era and content, fashionable and administrative, and others. Non-operating expenses comprise interest rate (and earnings), and other expenses (profits).
For most corporations, the 5 finest fees are personnel, physical location, capital device, improvement fees, and a fee for goods bought.
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as word processing on personal computers expanded, sales of typewriters began to disappear. which of porter's competitive forces does this event demonstrate? group of answer choices competition from substitute goods or services bargaining power of buyers bargaining power of suppliers the threat of competition from new entrants
Answers
As word processing on personal computers expanded, sales of typewriters began to disappear. This event demonstrates competition from substitutes goods or services. Hence, option (a) can be considered as correct.
Give a brief account on Porter's competitive forces.The operating environment of a business's competitors is analyzed using Porter's Five Forces Framework. The five forces that govern the level of competition and, consequently, the profitability of an industry are derived from industrial organization (IO) economics. The impact of these five forces lowers total profitability, making an industry "unattractive." The least appealing sector would be one that is getting close to "pure competition," where all firms' available earnings are being pushed to average profit levels. Michael E. Porter, a Harvard University professor, is credited as the five-forces perspective's creator. In 1979, Harvard Business Review was the first journal to publish this paradigm. Porter refers to these factors as the microenvironment in contrast to the macroenvironment, which is a more all-encompassing phrase. They are made up of nearby forces that have an impact on a business' capacity to provide for its clients and turn a profit. Given the general shift in industry knowledge, a change in any of the dynamics typically necessitates a business unit to reevaluate the market.
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When workers organize themselves so they can collectively negotiates with employers as a group over wages and working conditions it is known as a(n) ________.
Answers
When workers organize themselves to collectively negotiate with employers as a group over wages and working conditions, it is known as a labor union.
A labor union is an organized group of workers who come together to protect and promote their common interests and rights in the workplace. Through collective bargaining, labor unions negotiate with employers on behalf of the workers to establish agreements and contracts that determine wages, benefits, working hours, and other working conditions.
Labor unions play a crucial role in advocating for workers' rights and ensuring fair treatment in employment. By uniting as a group, workers can exert more leverage and bargaining power during negotiations with employers.
Labor unions also provide a platform for workers to voice their concerns, address grievances, and seek resolution through collective action. They may engage in activities such as strikes, pickets, or work stoppages to put pressure on employers and influence decision-making processes.
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Explain the project planning steps
Answers
Set goals
Prioritize tasks
Create a schedule
Communicate.
Tamara and Julio consume only bread and wine. They trade only with each other and there is no production. They both have strictly convex preferences. Tamara’s initial endowment of bread and wine is the same as Julio’s.
a. At the initial endowment their marginal rates of substitution must be the same. b. In a competitive equilibrium, the ratio of the two prices must be 1. c. In a competitive equilibrium, they must consume identical consumption bundles. d. If they have identical utility functions, then the initial allocation is Pareto optimal. e. None of the above
Answers
Based on the story above, Tamara’s initial endowment of bread and wine is the same as Julio’s. d. If they have identical utility functions, then the initial allocation is Pareto optimal. It is because the situation above there are no preference criterion. While the preference of Tamara and Julio can not be made as better off or also worse off
Pareto optimality or known as Pareto efficiency generally can be defined as a situation where no individual or preference criterion can be made better off without making at least one individual or preference criterion worse off. The state at which resources in a given system are optimized in a way that one dimension cannot improve without a second worsening also can be used as a definition of Pareto optimality.
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How many products does your company have in the first three years of the MikesBikes simulation?
Answers
The number of products a company has in the first three years of the MikesBikes simulation will depend on various factors, including the company's strategy, market demand, and competition.
In the MikesBikes simulation, companies have the option to develop and produce multiple products, each with its own unique features and price points.
Companies can choose to focus on producing a limited number of high-quality, premium products or a larger number of lower-priced, mass-market products.
Factors such as market demand, competition, and production capacity can also impact the number of products a company chooses to produce. Some companies may choose to introduce new products or discontinue existing ones based on changes in market trends or consumer preferences.
Overall, the number of products a company has in the first three years of the MikesBikes simulation will depend on various factors, including the company's strategy, market demand, and competition.
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What is one characteristic of europe that positively affects its economy and how does that characteristic affect it?
Answers
Europe, much like the United States, is a free market economy based on the movement of capital.
What's an free market economy based on?
Free market economy is an economic system based on supply and demand with little or no government control. This is a summary of all voluntary exchanges that take place in a given economic environment.
What are the three elements of a free market economy?
In a market economy, producers decide what and how much to produce, what to charge customers for those goods, and what to pay their employees. (3) These decisions in a free market economy are influenced by competitive, demand and supply pressures.
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How much is a standard tip?
•10-15 percent
•15-20 percent
•20-25 percent
•25-30 percent
Answers
A firm produces three products in a repetitive process facility. Product A sells for $70; its variable costs are $25. Product B sells for $220; its variable costs are $100. Product C sells for $30; its variable costs are $17. The firm has annual fixed costs of $340,000. Last year, the firm sold 1200 units of A, 1800 units of B, and 11,000 units of C. Calculate the break-even point of the firm.
The firm has some idle capacity at these volumes and chooses to cut the selling price of A from $70 to $50, believing that its sales volume will rise from 1000 units to 3000 units. What is the revised break-even point?
Show work.
Answers
The break-even point for the firm is approximately 82.3 units. And, The revised break-even point for the firm is approximately 78.4 units.
To calculate the break-even point for the firm, we need to determine the total contribution margin and the contribution margin ratio.
The contribution margin for each product can be calculated by subtracting the variable cost from the selling price.
For product A, the contribution margin is $70 - $25
= $45.
For product B, the contribution margin is $220 - $100
= $120.
For product C, the contribution margin is $30 - $17
= $13.
Next, we calculate the weighted average contribution margin by multiplying each product's contribution margin by its sales volume, and then summing up the results.
For product A: $45 x 1200
= $54,000
For product B: $120 x 1800
= $216,000
For product C: $13 x 11,000
= $143,000
The total weighted average contribution margin is $54,000 + $216,000 + $143,000
= $413,000.
To find the break-even point, we divide the fixed costs by the weighted average contribution margin.
Break-even point = Fixed costs / Weighted average contribution margin
= $340,000 / $413,000
≈ 0.823 or approximately 82.3 units (rounded up to the nearest whole number).
Therefore, the break-even point for the firm is approximately 82.3 units.
If the firm cuts the selling price of product A from $70 to $50 and expects the sales volume to increase from 1000 units to 3000 units, we need to recalculate the break-even point.
For the revised scenario, the new contribution margin for product A is $50 - $25
= $25.
Now, we calculate the weighted average contribution margin using the revised sales volumes.
For product A: $25 x 3000
= $75,000
For product B: $120 x 1800
= $216,000
For product C: $13 x 11,000
= $143,000
The total weighted average contribution margin is $75,000 + $216,000 + $143,000
= $434,000.
The revised break-even point is then calculated as follows: Revised break-even point
= Fixed costs / Weighted average contribution margin
= $340,000 / $434,000
≈ 0.784 or approximately 78.4 units (rounded up to the nearest whole number).
Therefore, the revised break-even point for the firm is approximately 78.4 units.
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Which energy source accounts for nearly 7% of global energy consumption, making it the leading fossil fuel alternative
Answers
The energy source account that accounts for around 7% of energy consumption is hydropower.
Which energy source accounts for 7% of consumption?Hydropower is a renewable energy source that accounts for around 7% of global energy consumption in various nations around the globe.
This means that compared to fossil fuels, it is the best alternative to replace them as a renewable energy source.
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Describe how human desires would be met with no scarcity.
Answers
Answer:
Human needs are the impulse that individuals have to access certain goods or things. Scarcity, in turn, is the lack of goods or things to meet the needs of all humans in general.
Therefore, all human needs could be covered without major problems if the phenomenon of scarcity did not exist, that is, if there were more goods available than those demanded by society.
The repair service that fixes your farming equipment doesn’t seem to fix your plow correctly. The technician says that if you are not happy, you can buy a new plow from him, but the cost is extremely high. Do you have other options available to you for higher-quality repairs or cheaper equipment? Explain your answer.
Answers
Answer:
Your best option would be for higher quality repairs and higher quality equipment, this would save you more money and time in the long run where you have the ability to do other things.
Explanation:
Mark as Brainliest please!
Ill give u a cookie
Answer:
No, because in command economies, there is no competition. So, there are no other repair services that would offer higher-quality repairs or cheaper equipment. Additionally, no incentive exists for the technician to provide high-quality service.
Explanation:
the actual answer
Research clearly shows that _________ is the most important factor in determining the success or failure of an international assignment.
Answers
Research clearly shows that job knowledge and motivation; relational skills; flexibility and adaptability is the most important factor in determining the success or failure of an international assignment.
For Job knowledge and adaptability it is crucial to have the technical abilities necessary for a position. One of the key elements that ensures the best work is delivered on an overseas project is this.Relationship skills refers to accepting a job abroad means you must always be willing to part with the acquaintances you have and work with a new group of strangers. Relationship skills include personal qualities in addition to business model knowledge and professional expertise.Flexibility and adaptability are terms used to describe one's capacity and readiness to respond to and tolerate changes in the environment by balancing one's essential values.Hence, research unmistakably demonstrates that the most crucial element in predicting whether an international assignment will be successful or unsuccessful is job expertise and drive, interpersonal skills, flexibility, and adaptability.
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using films of worker’s activities to identify areas for improvement, is the essential description of whose work?
Answers
Using films of worker’s activities to identify areas for improvement, is the essential description of Frank and Lillian Gilbreth's work.
Describe the Frank and Lillian Gilbreth hypothesis.Fundamentally, according to Frank and Lillian, a productive workplace depends on employees who are happy and healthy. Finding a technique for optimization that would increase sales without jeopardizing employee health, safety, or happiness was given top priority.Frank (1868–1924) and Lillian Gilbreth (1878–1972) brought together two of the major schools of management thought from the previous century. On the one side, they continued Frederick Winslow Taylor's groundbreaking time and motion investigations, and on the other, they created the field of organizational psychology.In order to alleviate weariness and improve employee productivity, these publications argued that improved ergonomic working conditions were necessary.For more information on Frank and Lillian Gilbreth hypothesis kindly visit to
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sellers bear the entire incidence of a tax on a good. this outcome can occur if
Answers
The sellers bear the entire incidence of a tax on a good when the demand for the good is perfectly elastic, meaning that buyers are very sensitive to changes in price.
In this scenario, the sellers cannot pass on the tax burden to the buyers by increasing the price because any increase in price would result in a significant decrease in demand or a loss of customers. As a result, the sellers are left with no choice but to absorb the tax themselves, reducing their profits. This outcome is more likely to occur in markets where there is intense competition, numerous substitutes available, or when buyers have a high degree of price sensitivity.
Taxes are compulsory payments imposed by governments on individuals and organizations to finance public expenditures and provide essential services and infrastructure. They serve as a major source of revenue for governments at various levels, such as national, state, and local.
Tax systems and policies vary across countries, and debates surrounding taxation often involve discussions on fairness, efficiency, and the appropriate level of government intervention. Governments strive to strike a balance between generating revenue for public needs and minimizing the burden on taxpayers while considering the broader socioeconomic impact of tax policies.
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Develop a business process with at least 15 steps and 2 notes. PLEASE HELPPPPP
Answers
A collection of stakeholders conduct a set of tasks or activities known as a business process in order to accomplish an organisational goal.
Explain steps for business process?The phases of the life cycle of a business process:
Specify your aims. What aims does the procedure pursue?Make a plan and a process map. What are the tactics required to accomplish the objectives?Establish goals and identify stakeholders: Determine the particular tasks that your teams and equipment must complete to carry out the plan.Check the procedure: To evaluate the procedure' effectiveness, run it on a modest scale. Any gaps should be noted and corrected.Apply the procedure: Start the procedure running in a real setting. Train and communicate with all parties as necessary.Follow the outcomes: Evaluate the procedure and look for trends. Keep track of the process history.If a process is successful in achieving the objectives set forth for it, repeat it for more processes.Know more about business process
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Technology allows firms to listen to customers' wants, track their purchases, provide them with better service, and give them more access to information.
Answers
Answer:
This is true
Explanation:
With the recent development in modern communication technologies, communication with customers is is now very easy and yet very sophisticated. The advent of modern day communication in business like the internet and online shopping had now made it possible for a customer to communicate their wants easily to the seller and also make purchase, track their purchase and easily access more information about their seller and their purchase all from the comfort of their homes.
Leadership ability is important to managers because
a-business will not hire a manager without leadership skills
b-leadership helps managers satisfy employees needs while also meeting the goals of the business
c- managers must get work done whether or not employees want to do it
Answers
Ivan has inherited his grandmother’s 1963 Chevrolet Corvette (trust me this is a hot car to own – if you watched Lucifer on TV you know it), which he values at $45,000. He decides that he might be willing to sell it so he posts it on Craigslist for $55,000. Samantha is interested and willing to pay up to $72,000. Would Ivan and Samantha want to voluntarily engage in trade? How much economic surplus is created for both of them as a result of this exchange? Show your calculations. What is the total economic surplus? Explain how you arrived at this number.
Answers
This total economic surplus is arrived at by subtracting the value that Ivan put on the car before the trade, $45,000, from the highest value that Samantha is willing to pay for the car, $72,000.
Ivan and Samantha would want to voluntarily engage in trade because there is a gap between what Ivan is willing to accept for the car ($55,000) and what Samantha is willing to pay for it ($72,000).
The economic surplus created for Ivan as a result of this exchange is $72,000 (the amount Samantha is willing to pay) minus $45,000 (the value Ivan placed on the car before the exchange) = $27,000.
The economic surplus created for Samantha is $72,000 (the amount she is willing to pay) minus $55,000 (the amount Ivan is asking for the car) = $17,000.
The total economic surplus created as a result of this exchange is the sum of the individual surpluses: $27,000 (for Ivan) + $17,000 (for Samantha) = $44,000.
This difference of $27,000 is the economic surplus for Ivan, and the difference between the amount Samantha is willing to pay, $72,000, and the amount Ivan is asking for, $55,000, is the economic surplus for Samantha. The total economic surplus is the sum of the two individual surpluses.
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What negative consequences might a company face if it fails to keep accurate financial records?
Answers
2. Keeping accurate financial records allows a company to keep track of profits and losses, so they are aware of what is selling best (supply and demand). If this is not done, they may be spending more than they are making.
3. Companies may not stay within budget.
What is the purpose of international trade and how does it help the countries involved in it?
Answers
Answer:
the trade without border is
international trade.it purposes to share goods ,ideas,resources, etc.
it helps country in the time of need.
Answer:
Global trade makes it possible for people living in one country to use products from another country, allowing them to benefit from products that are not domestically produced. If a country is endowed with abundant labor or favorable climatic conditions, it has an advantage over the nations that do not have them. It makes economic sense to produce and export goods that other countries cannot produce as cheaply. This way, the exporters can increase sales with foreign commerce and strengthen their country’s economy, while earning profits at the individual level. It also helps strengthen the foreign currency reserves of the country.
International trade is a key driver in regulating foreign currency rates. Global trade helps balance a country’s cyclical pattern of trade deficit and surplus. When a country’s currency is strong, its imports tend to exceed its exports, thus creating a trade deficit for the importer. This situation leads to the exporter country’s currency strengthening and the importer’s currency eventually weakening. Over time, a role reversal happens with exports overtaking imports, thus strengthening the exporter’s currency and creating a trade surplus for the importer. Many other factors influence this cycle too, for example, product cost inflation and interest rates. Global trade removes boundaries and makes the whole world into a single marketplace, and that can work to the benefit of all the participating partners.
Explanation:
PLATO answer!
Which of the following statements about the size and growth of the federal bureaucracy are accurate?
a) The federal workforce has nearly doubled because of programs like health care and education reform.
b) Several recent presidents have made a point of campaigning against the size of the federal workforce.
c) Although the federal workforce has stayed relatively the same in numbers, it has grown as a percentage of the population.
d) The federal civilian workforce has decreased over the last 60 years.
Answers
D The federal civilian workforce has decreased over the last 60 years.
B Several recent presidents have made a point of campaigning against the size of the federal workforce.
The term bureaucracy refers to both unelected high-ranking government officials and groups of executive politicians. Historically, bureaucrats were government administrations governed by departments in which non-elected officials were assigned.
The definition of bureaucracy is a civil servant or a group that makes formal decisions according to established procedures. An example of bureaucracy is the staff who run the city hall. noun.
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the following statements about the size and growth of the federal bureaucracy are accurate are -
b) Several recent presidents have made a point of campaigning against the size of the federal workforce.
d) The federal civilian workforce has decreased over the last 60 years.
The Federal bureaucracy is the unelected, administrative body in the govt department. it is the lower back bone of america government. it's miles organized into departments, agencies and commissions.
all the approximately 2,000 federal government organizations, divisions, departments, and commissions are examples of bureaucracies. The maximum visible of those bureaucracies consist of the Social protection administration, the inner revenue carrier, and the Veterans advantages administration.
The federal bureaucracy plays 3 number one responsibilities in authorities: implementation, management, and regulation. when Congress passes a law, it units down hints to carry out the brand new guidelines.
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Data related to the inventories of Alpine Ski Equipment and Supplies is presented below: Skis Boots Apparel Supplies Selling price $ 180,000 $ 140,000 $ 120,000 $ 60,000 Cost 128,000 133,000 90,000 45,000 Replacement cost 120,000 130,000 110,000 41,000 Sales commission 10 % 10 % 10 % 10 % In applying the lower of cost or net realizable value rule, the inventory of apparel would be valued at:
Answers
Answer:
inventory value=$ 377,000.00
Explanation:
In applying the rule of the lower cost of cost or net realizable value,we compare NRV(selling price minus cost to sell) with the replacement cost(current price), where the lower of the two is then compared against the original cost of the inventory item as done in the attached.
Value of inventory=$120,000+$126,000+$90,000+$41,000=$377,000.00
Publishers and printing companies are both involved with books, magazines, and newspapers. One type of company is
considered part of the manufacturing section, because it produces the physical product: books, magazines,
newspapers, and so on. What sector does publishing belong to, since it does not produce a tangible product (until
printing transforms it into one)?
O primary, because it makes original content
secondary, because it transforms ideas into physical objects
tertiary, because it provides a service
quaternary, because it involves research
Answers
Answer:
quaternary, because it involves research
Explanation:
What are the goals of government regulation?
low unemployment, price stability,
economic growth
O high unemployment, price instability,
economic growth
low unemployment, price stability,
economic steadiness
O high unemployment, price instability,
economic steadiness
Answers
Answer: A) low unemployment, price stability, economic growth
Explanation: Government regulation attempts to promote growth, full employment, and price stability for the well-being of the citizens
The goals of an ideal government while making regulations shall include the following purposes,
low unemployment, price stability,economic growth.Therefore, the option A holds true.
What is the significance of government goals?The goals of a government can be referred to or considered as the qualitative and quantitative targets set by the government in order to foresee better conditions in the future. These are backed by economic plans and regulations.
For a developing or a developed government, the goals must be economically based while being regulated. These goals must include reduced poverty and unemployment in order to achieve a healthy economic growth.
Therefore, the option A holds true and states regarding the significance of the goals of a government.
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Long setup times enable a manufacturer to have frequent changeovers and move toward single-piece flow, thus achieving high flexibility and product variety. a. True b. False
Answers
Answer:
b. false is the answer
Explanation:
The global price for cocoa is relatively high, but most of côte d’ivoire’s farmers receive little return for their work. Who receives most of the profit from cocoa?.
Answers
The ones who receive most of the profits from cocoa are transnational agricultural companies.
Commodity is an item or product that can be traded. Trading itself is a job related to selling and buying an item. The goal is to make a profit. Same thing, the purpose of this commodity is also to get a profit. Commodity trading can also be done by way of exchange. In that case, it means that an item will be exchanged for another item or product.
However, it has a record. The value of the two goods to be exchanged must be equal. Only then can the two goods or products be exchanged for each other. According to another opinion, the meaning of a commodity is a real object. These objects tend to be easy to trade. In addition, it can also be submitted in physical form.
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The survey that found 75% of consumers would consider going to another company after a bad customer service experience surprises some people because it seems almost too low. Why might that other 25% of consumers not be bothered by a bad customer service experience?
Answers
Answer:
They might not be bothered because nothing has happened yet.
Explanation:
The other 25 percent might not use it a lot.
At Frank's company, the strength of the organizational structure is that the results are based on
the effectiveness of the managers, but its main weakness is costs can be increased due to a
decrease in efficiency. This is an example of which structure?
Osimple
O functional
O divisional
O matrix
Answers
Answer:
divisional
Explanation:
-A simple structure s a structure in which there is little specialization and there is a central authority that controls everything and has the power.
-Functional structure is a structure in which a company is divided in groups according to specialized activities. Because of this specialization, companies with this structure can increase productivity but the communication is rigid and the cooperation between departments is difficult.
-Divisional structure is a structure in which there are different divisions and each one concentrates on a specific product or service and has all the functions and resources for that. This structure can create inefficiencies because the specialized functions are separated but the results of one division don't affect the other ones.
-Matrix structure is a structure in which employees report to more than one manager and it is used in companies that have different lines to have more flexibility and increase productivity.
According to this information and the statement, the answer is that this is an example of divisional stucture because in this structure each division has its own resources and specialized functions and because of that the results are based on the effectiveness of the managers but as each division has its own specialized functions, this creates inefficiencies.