BUISENESS MANAGEMENT
BUSINESS STRUCTURE
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Function
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Division
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Matrix
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None of the above
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Detailed explanation-1: -A matrix structure describes an organization that has multiple reporting lines of authority.
Detailed explanation-2: -The characteristics of a matrix organization include multiple chains of command, a collaboration between different departments, and sharing of skilled resources.
Detailed explanation-3: -Definition. A matrix organizational structure is a company structure in which the reporting relationships are set up as a grid, or matrix, rather than in the traditional hierarchy. In other words, employees have dual reporting relationships-generally to both a functional manager and a product manager.
Detailed explanation-4: -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-5: -The four types of organizational structures are functional, multi-divisional, flat, and matrix structures. Others include circular, team-based, and network structures.