BUISENESS MANAGEMENT
BUSINESS STRUCTURE
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Work Specialization
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Departmentalization
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Span of Control
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Centralization
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Detailed explanation-1: -Namely there are five dimensions which includes, formalization, specialization, hierarchy of authority, complexity and centralization to perceive the importance of organization design. Formalization aims to the amount of written documentation within organization.
Detailed explanation-2: -Functional organization is a type of organizational structure that uses the principle of specialization based on function or role.
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: -A horizontal organizational structure in which many individuals across the whole system are empowered to make organizational decisions.