Question

XYZ Company manufactures a variety of highly technical automobile parts, which are sold at home and in five foreign countries. The company is large and growing rapidly. Which is the structure for this company?

a. Cross-sectional structure

b. Functional structure

c. Divisional structure

d. Matrix structure

e. Project structure

Answer 1

Answer: The correct option is "d" - "Matrix structure"

Explanation:

• A business action that crosses the limits of at least two regions, authoritative structures, populace gatherings, or different elements that have characterized quantifiable characteristics.
• The matrix structure is a kind of hierarchical structure wherein people are assembled at the same time by two distinctive operational points of view.
• Matrix structures are innately unpredictable and adaptable, making them progressively fitting for enormous organizations working across various ventures or geographic areas.
• Advocates propose that matrix the executives is more powerful than useful administration in that it permits colleagues to share data all the more promptly across task limits; it likewise takes into consideration specialization that can build profundity of information.

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