Question : Which of the following is a characteristic of a network organizational structure?
Option 1: Centralized decision-making
Option 2: Hierarchical authority
Option 3: Virtual teams
Option 4: Functional departments
Correct Answer: Virtual teams
Solution : The correct answer is (c) Virtual teams
A network organizational structure is characterized by the formation of virtual teams or cross-functional teams that collaborate and work together on specific projects or initiatives. Virtual teams are composed of individuals from different departments, functions, or locations who come together temporarily to accomplish a specific goal or objective. In a network structure, the focus is on leveraging expertise and resources from various parts of the organization to create agile and flexible teams. These teams are not bound by the traditional hierarchical authority or functional departments but operate based on the project's needs and objectives. Virtual teams promote collaboration, innovation, and knowledge sharing across the organization.
Question : Which of the following is a characteristic of a functional organizational structure?
Option 1: Emphasis on teamwork
Option 2: Clear division of labor
Option 3: Flexible decision-making
Option 4: Customer focus
Question : Case Study 17: E-Commerce Haven
E-Commerce Haven's success can be attributed to its:
Option 1: Functional structure
Option 2: Informal communication
Option 3: Network structure
Option 4: Centralized decision-making
Question : A matrix organizational structure combines which two types of structures?
Option 1: Functional and divisional
Option 2: Divisional and network
Option 3: Network and team-based
Option 4: Team-based and functional
Question : Which of the following is an advantage of decentralization?
Option 1: Quick decision-making
Option 2: Uniformity of operations
Option 3: Close supervision
Option 4: Centralized authority
Question : Centralisation refers to ____________.
Option 1: Retention of decision making authority
Option 2: Dispersal of decision making authority
Option 3: Creating divisions as profit centres
Option 4: Opening new centres or branches
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