Companies engaged in a single line of business most commonly utilize an organizational structure that can be
A)either independent, consolidated, or hybrid profit centers.
B)a functional (departmental)organizational structure.
C)either centralized, principal, or critical-path in nature.
D)highly decentralized matrices.
E)hybrid functional organizations with a combination of decentralized and centralized decision-making.

Question

Quizplus · Accepted Answer

A functional (departmental) organizational structure is the most common for companies engaged in a single line of business. This structure groups employees according to their specialized function or task, such as marketing, finance, and operations. It allows for efficient communication and coordination within each department, while also being flexible enough to adapt to changes in the business environment. The other options listed either do not apply to single-line businesses or do not align with best practices for organizational structure.

Companies Engaged in a Single Line of Business Most Commonly