Compare and contrast the four types of organizational structures discussed in the textbook.

What will be an ideal response?


Simple structures are more common in small organizations where there is one
central authority figure, usually a business owner, who tends to make the decisions.
Functional structures group employees, according to the tasks they perform for the
organization, such as marketing, finance, and human resources. The divisional
structure--sometimes called multidivisional structure--groups employees by products
and services, by geographic regions, or by customers. The matrix structure is an
organizational structure that combines both functional and divisional
departmentalization, with dual lines of authority.

Business

You might also like to view...

The objective function in a goal programming model seeks to minimize the deviation from goals in the order of the goal priorities

Indicate whether this statement is true or false.

Business

A graph of a firm's acceptable capital projects ranked in the order of the projects' internal rates of return is called the firm's _____.?

A. ?marginal cost of capital schedule B. ?investment opportunity schedule C. ?modified internal rate of return schedule D. ?internal project classification schedule E. ?optimal capital budget schedule

Business

Odell, an accountant, prepares for Pronto Tacos Corporation a financial statement that omits a material fact. The financial statement is included in Pronto Tacos's registration statement, which Qiana reads. Qiana buys Pronto Tacos stock. Under Section 11 of the Securities Act of 1933, for Odellto be liable for the omission, Qiana must show that she

a. relied on the omission. b. suffered a loss on the stock. c. knew about the omission before making her purchase. d. is a sophisticated investor.

Business

Technical analysts, traditionally referred to as chartists, focus on fundamental data to determine past trends that are expected to continue into the future

Indicate whether the statement is true or false.

Business