Ian Wonders What Type of Organizational Structure Is Best Suited

question 79

Multiple Choice

Ian wonders what type of organizational structure is best suited for his company, a medium-sized manufacturing firm servicing the electronics industry. In addition to its normal product lines, the company occasionally produces special products that require the cooperation of a variety of personnel from many departments. What form of organizational structure is best suited for this operation?

• A) matrix organization
• B) informal organization
• C) functional organization
• D) line organization

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Definitions:

Growth Strategy

Plans of action that businesses use to expand their operations and increase their market share and profitability.

Conducting Market Research

An approach to compile, examine, and deduce insights concerning a marketplace, inclusive of information on potential clients and competition.

Building Core Strengths

The process of developing and enhancing the key capabilities and resources of an organization that are essential for its long-term success.

Winning New Customers

Strategies and efforts aimed at attracting individuals to become new buyers or clients of a product or service.