Explaining matrix organizational structure

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Reference no: EM1339145

Q1) Company A works in a business environment of rapid and drastic change, together with strong competition. In these difficult economic times, Company A needs to minimize their expenses while maximizing their resource use. To achieve these objectives, the management team of Company A recognizes that a new organizational structure is required.

Which of the following organizational structures would BEST fit this example:

A. Classical or functional organizational structure
B. Pure Product (projectized) organizational structure
C. Matrix organizational structure
D. None of the above
E. All of the above

Reference no: EM1339145

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