GENERAL KNOWLEDGE

Detailed explanation-1: -A Matrix Organization has a hierarchy which is divided according to product or project teams. This structure is thought to be more flexible and conducive for better communication. This is different from a top-down Functional structure or a Flat structure with few levels of hierarchy.

Detailed explanation-2: -Divisional Structure is the type of organisational structure which promotes flexibility and initiative.

Detailed explanation-3: -The matrix organizational structure can offer flexible ways for businesses to work on projects, however, it may be difficult to initially implement due to the multiple aspects of a project.

Detailed explanation-4: -A matrix structure is a combination of two or more different organizational structures. This makes it the most flexible and adaptable structure a business can adopt, which often makes it a better fit for the demands of modern knowledge work.

Detailed explanation-5: -A matrix organization is a company structure where teams report to multiple leaders. The matrix design keeps open communication between teams and can help companies create more innovative products and services.