GK
BUSINESS MANAGEMENT
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
three primary factors that affect the organizational structure of a business include interpersonal relationships, tasks and ____
|
|
authority
|
|
|
injunction
|
|
|
initiative
|
|
|
attrition
|
Explanation:
Detailed explanation-1: -As the Corporate Finance Institute explains, the primary factors influencing a company’s decision to use one structure over another are geography, efficiency and cost.
Detailed explanation-2: -The three components of an organizational structure include delegation, job description, and departmentalization. Delegation is a component of an organizational structure used to give authority to a person to assist in managing a particular activity’s performance.
Detailed explanation-3: -Examples of economic factors affecting business include: Interest rates. Exchange rates. Recession. Inflation.
There is 1 question to complete.