Final answer:
Levi Strauss dissolved its matrix structure to achieve greater speed and efficiency through a more streamlined and hierarchical organization.
Step-by-step explanation:
The global company that has dissolved its matrix structure in order to achieve greater speed and efficiency by further focusing and flattening the organization is Levi Strauss. Levi Strauss, a well-known clothing company, restructured its organization in 2003 and moved away from the matrix structure, which involved multiple reporting lines and cross-functional teams, to a more streamlined and hierarchical structure.
The aim was to improve decision-making, enhance accountability, and simplify communication within the organization.