Hoechst is a German chemical company operating in different product lines and different geographic areas. Its major business areas are chemicals (23% of sales), fibers (15%), polymers (17%), health (24%), engineering and technology (15%), and agriculture (6%). Across these product lines, Hoechst produces products as diverse as phosphorus and phosphates used in detergents, textile dyes, polyester auto tire cords, cellulose acetate fibers for cigarette filters, polyvinyl chloride (PVC), automotive paints, pharmaceuticals, cosmetics, offset printing plates, engineering ceramics, herbicides, and animal vaccines. Most of Hoechst’s product lines face significant global competition. On the geographic side, Hoechst sells products in the European Union (51% of total sales); other European countries (7%); North America (21%); Latin America (7%); and Africa, Asia, and Australasia (14%). What type of an organizational structure makes the most sense for Hoechst, and what would be some of the major international accounting problems Hoechst might face?