What Are the Advantages of the Global Matrix Structure for the Organization

question 41

Essay

What are the advantages of the global matrix structure for the organization operating in the international market? What are the other two types of organizational structure and why have they not been replaced by the matrix structure? What are their advantages and disadvantages?

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Definitions:

Negotiated Level

A mutually agreed upon standard or condition that is arrived at after discussion between parties involved.

Conflict Management

The practice of identifying and handling conflicts in a wise, fair, and efficient manner, focusing on effective communication and negotiation strategies to achieve resolutions.

Assertive

Relating to a behavior characterized by confidence and self-assurance in expressing one's opinions and needs directly and respectfully, without being aggressive or passive.

Cooperative

An organization or entity that is owned and run jointly by its members, who share the benefits or profits.