BUSINESS ADMINISTRATION
BUSINESS ENVIRONMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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how the company is structured into different units and how employees are assigned to work at particular positions in the company
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economic situation of the region where the company is located
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the social make-up of the market where the company operates
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political situation in the country where the comany produces its produce
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Detailed explanation-1: -The correct answer is D) competitors. Competitors are not categorized as part of an organization’s environment; they are not involved in organizational decision-making and development strategies.
Detailed explanation-2: -The four types of organizational structures are functional, multi-divisional, flat, and matrix structures. Others include circular, team-based, and network structures.
Detailed explanation-3: -Organizational Chart Definition Its purpose is to illustrate the reporting relationships and chains of command within the organization. Employee names and titles and/or job positions are generally depicted in boxes or circles with lines linking them to other employees and departments.
Detailed explanation-4: -6. Team structure. A team structure is a decentralized but formal structure that allows department heads to collaborate with employees from other departments as needed.