GK
BUSINESS MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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There are specialist advisers having no authority
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The organization is divided into functions with specialists having authority.
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The entire organization is divided into functions with specific role for specialists
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There are no advisers, the executive alone having the authority and competence
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Detailed explanation-1: -Functional organization has been divided to put the specialists in the top position throughout the enterprise. This is an organization in which we can define as a system in which functional department are created to deal with the problems of business at various levels.
Detailed explanation-2: -Functional organization is a traditional organization structure where authorities are divided based on the functions performed by that particular group of people, such as finance, HR, marketing and purchase etc. Power and Authority stands with the functional manager.
Detailed explanation-3: -There are majorly five main types of formal organizational structures – line, functional, line and staff, project management and matrix. Each of these has their own advantages and drawbacks.