Which of the options below are the advantages of using a product strategy:

Step 1: Understand what a product structure entails. A product structure organizes an organization around specific products or product lines. Each product division typically operates as a semi-autonomous unit with its own resources and functional departments dedicated to that product. Step 2: Evaluate each statement to determine if it is an advantage of a product structure. a. Limits career mobility for personnel outside their product line: This is generally considered a disadvantage*. Employees become highly specialized within a product line, which can restrict their opportunities to move to other product areas or functional roles across the broader organization. b. Allows greater product viability: This is an advantage*. By dedicating resources and management focus to a specific product, the organization can better develop, market, and manage that product, increasing its chances of success and longevity. c. Restricts problem-solving to a single product: This is generally considered a disadvantage*. While it allows for focused problem-solving for a specific product, it can lead to a "silo effect" where solutions are not easily shared across different product lines, potentially leading to duplicated efforts or a lack of holistic organizational problem-solving. d. Suited to Fast changes in a product: This is an advantage*. A product structure allows for quicker decision-making and adaptation to market changes or technological advancements related to a specific product because the entire division is focused on it. e. Fosters a concern for customer demand: This is an advantage*. With a dedicated focus on a particular product, the division is often more responsive and attuned to the specific needs and demands of the customers for that product. Step 3: Identify the statements that are advantages. Based on the evaluation, statements b, d, and e are advantages of using a product structure. Step 4: Select the correct multiple-choice option. The option that includes b, d, and e is B. The final answer is B. b, d, e What's next?