Question

Which of the following allows firms to take advantage of​ functional, area,​ customer, and product organization designs as needed while simultaneously minimizing the disadvantages of​ each?

a) Matrix Structure
b) Divisional Structure
c) Network Structure
d) Flat Structure

Answer 1

The Matrix Structure enables firms to utilize multiple organizational designs and diminish the disadvantages that come with each standalone design, promoting flexibility and inter-departmental cooperation.

Step-by-step explanation:

The organizational structure that allows firms to take advantage of functional, area, customer, and product organization designs while simultaneously minimizing the disadvantages of each is called the Matrix Structure. This structure creates a grid or matrix of managers and employees who report to multiple bosses and can address various dimensions like functions and products. The matrix structure helps companies respond flexibly to changes in the market and encourages collaboration among different departments.