MANAGEMENT

BUISENESS MANAGEMENT

BUSINESS STRUCTURE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
It shows and defines the hierarchy of the different positions in the organization.
A
Roles and Responsibilities
B
Form of Business Organization
C
Organizational Structure
D
Salary Requirements
Explanation: 

Detailed explanation-1: -An organizational structure, also known as “organogram structure” or “org structure, ” outlines the hierarchy within an organization and describes the roles, responsibilities and lines of command that exist to achieve the organization’s business goals.

Detailed explanation-2: -A hierarchical structure is typical for larger businesses and organisations. It relies on having different levels of authority with a chain of command connecting multiple management levels within the organisation. The decision-making process is typically formal and flows from the top down.

Detailed explanation-3: -An organizational chart graphically represents an organization’s structure, highlighting the different jobs, departments, and responsibilities that connect the company’s employees to each other and to the management team.

Detailed explanation-4: -Organizational structure is a system used to define a hierarchy within an organization. It identifies each job, its function and where it reports to within the organization.

There is 1 question to complete.