Final answer:
The process of setting up organizational structures to address the needs of an organization and account for the complexity involved in accomplishing business objectives is termed as "a) Organizational design."
Step-by-step explanation:
Organizational design refers to the deliberate process of structuring an organization to achieve specific goals efficiently. It involves establishing roles, responsibilities, hierarchies, workflows, and communication channels to optimize performance and adapt to evolving challenges. This process considers the organization's objectives, its culture, external environment, and the most effective way to allocate resources.
By focusing on design, companies can enhance productivity, innovation, and adaptability to changes in their industry. It's a proactive approach that aligns the organizational structure with strategic goals, ensuring the efficient use of resources while fostering a conducive environment for growth and success.
Answer: a) Organizational design