MANAGEMENT

Detailed explanation-1: -A matrix organization is a work structure where team members report to multiple leaders. In a matrix organization, team members (whether remote or in-house) report to a project manager as well as their department head.

Detailed explanation-2: -Matrix management is a form of organizational structure in which employees report to multiple bosses rather than one. It does away with the one-boss, vertical system that most firms use and brings about a system where employees have multiple superiors along both functions and project lines.

Detailed explanation-3: -The four types of organizational structures are functional, multi-divisional, flat, and matrix structures. Others include circular, team-based, and network structures.

Detailed explanation-4: -The matrix structure is a type of organizational reporting structure set up like a matrix or grid. Unlike a traditional hierarchy wherein employees report to a boss, in a matrix organization, employees report to a functional manager and a product/project manager.