What is meant by organizational structure?
A) Legal structure of the company
B) Formalized arrangement of interaction and responsibility for tasks
C) Size and scope of the company
D) Level of diversification or concentration

Question

Quizplus · Accepted Answer

Organizational structure refers to the way in which a company arranges and governs its internal operations in terms of formalized communication, roles and responsibilities, and decision-making processes. It does not necessarily relate to the legal structure of the company, its size or scope, or its diversification or concentration.

What Is Meant by Organizational Structure