What structural change will Merion undergo, and with what type of revised strategy is this structural change consistent?O Merion will transition from a functional structure to a divisional structure. Merion's new structure will allow the firm to better execute on its new strategy that requires divisions to specialize on promptly responding to the specific needs of customers, that encourages lean and flexible decision-making, and that gives managers high-powered incentives to boost divisional profitability. Merion will transition from a divisional structure to a functional structure. Merion's new structure will allow the firm to better execute on its new cost-focused strategy that aims to mitigate harmful silo effects and leverage economies of scale? Merion will retain a functional structure but do so in a manner that increases centralization. In doing so, the firm will be able to better implement its new strategy, which relies on giving managers increased decision-rights in order to improve divisional flexibility and responsiveness, and uses high-powered incentives to encourage innovation.? Merion vill transition from a matrix structure to a functional structure. Merion's new structure will allow the firm to better execute on its new strategy that seeks to foster productive internal competition and increased divisional specialization to drive revenue growth.Choose the correct answer

1 pts D Question 3 Merion Corporation is a large technology company that is listed on a major US stock exchange. Over the last two years, Merion has badly missed its earnings forecast. In response, the company's share price is down 60% since this time last year. In a bold move, Merion's CEO has decided to transform the firm's business strategy. The CEO believes this new strategy will boost revenue growth and bolster Merion's share price over the medium- to long-term. To complement this strategic change, Merion will entirely overhaul its organizational structure. Merion's CEO has designed the new organizational structure so as to ensure that the firm can best execute on its new strategy. Up until now, Merion has been structured as follows: CEO Sales Administration Engineering Consumers Finance Apps Business Accounting & Hardware customers Info Sys Legal Research HR Under the new strategy, Merion will be structured as follows: CEO Advertising and PR Research Finance and HR Consumer Business Division customer Division Sales Sales Accounting & Accounting & Legal Legal Apps Apps Hardware Hardware