MANAGEMENT

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BUISENESS MANAGEMENT

BUSINESS STRUCTURE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
In a decentralised structure, business decisions are made by managers and subordinates further down the chain of command. They are often used by fast-food franchises, where each restaurant or take away outlet is responsible for managing its own operations.
A
True
B
False
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -The four types of organizational structures are functional, multi-divisional, flat, and matrix structures. Others include circular, team-based, and network structures.

Detailed explanation-2: -Divisional structure In a divisional structure, organizations are split into divisions based on specific products, services or geographies. For this reason, this structure is typically used by large companies that operate in broad geographic areas or own separate, smaller companies.

Detailed explanation-3: -Ans. Functional structure is roost suitable when the size of the organisation is large, has diversified activities and operations requires a high degree of specialisation.

Detailed explanation-4: -Matrix Organizational Structure Reports that are based on products and reports that are based on functions are both used. There are two different lines used with an organizational chart in matrix structures.

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