You have learned about the traditional and new design options for organizational structures. You have decided that one of the designs developed during the last decade or two is probably the most appropriate for your newly formed organization.
-You have recently started your business with a small capital investment. Your business needs a very high degree of flexibility so that you can quickly respond to environmental changes and you are also interested in minimizing costs. Which of the following types of organizations is best suitable for your business?
A) a formalized organization
B) a highly centralized organization
C) a hierarchical organization
D) a bureaucracy
E) a virtual organization

Question

Quizplus · Accepted Answer

A virtual organization is the best choice for a business with a small capital investment that needs a high degree of flexibility and wants to minimize costs. A virtual organization enables employees to work remotely and communicate with each other through technology, which allows for greater flexibility and lower costs associated with traditional office space and infrastructure. Additionally, virtual organizations are highly adaptable and responsive to environmental changes, making them a great fit for a business that needs to be flexible.

You Have Learned About the Traditional and New Design Options