Final answer:
A network organizational structure is indeed excellent for adaptability and responsiveness, as it promotes flexibility, teamwork, and communication across different levels of an organization.
Step-by-step explanation:
True or false: a network organizational structure is excellent for adaptability and responsiveness. This statement is true. A network organizational structure is characterized by a flexible approach to management and the ability to adapt quickly to changing circumstances. This structure is less hierarchical than traditional models and focuses more on teamwork and collaboration. It has become more common in modern business practices, and there's a noticeable trend where higher-level executives, such as directors, seek feedback from employees at all levels within the organization, including entry-level positions. This type of structure promotes collegial relationships between managers and co-workers, fostering an environment where adaptability and responsiveness are highly valued.