GK
BUSINESS ECONOMICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Work is structured around specific projects
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work is arranges within main business functions
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Either A or B
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None of the above
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Detailed explanation-1: -A matrix organizational structure is where an employee reports to two different managers. This structure forms by combining functional and project-based structures to have individual employees report to a manager in a functional area and a product manager (or a project manager) in another business unit.
Detailed explanation-2: -Matrix management is a form of organizational structure in which employees report to multiple bosses rather than one. It does away with the one-boss, vertical system that most firms use and brings about a system where employees have multiple superiors along both functions and project lines.
Detailed explanation-3: -Matrix Organisation is created by merging the two complementary organization, the project and functional, it represents the combination of functional and project organization.
Detailed explanation-4: -Organisation in which two or more basic type of departmentation are combined.