GK
BUSINESS MANAGEMENT
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
True
|
|
|
False
|
|
|
Either A or B
|
|
|
None of the above
|
Detailed explanation-1: -Simple structures are flexible and inexpensive, but are often only effective in small organizations.
Detailed explanation-2: -The strength of a simple organizational structure is that it enables a business owner to have tight control over her company’s operation. No decisions are made without her approval, and she is aware of every important decision made.
Detailed explanation-3: -The functional reporting structure is one of the most common types of org structures. It groups employees together based on their function, or role, within the organization. For instance, the sales team works in one department, the IT team in another and the finance team works in a third group.
Detailed explanation-4: -The functional or centralized type structure is most widely used because it the cheapest & simplest among all other alternative organizational structures.