Product team structure and matrix structure are especially suitable for managing innovation in high-tech organizations.

Question

Quizplus · Accepted Answer

Both product team structure and matrix structure allow for more flexibility and collaboration, which are important factors in managing innovation in high-tech organizations. In a product team structure, teams are formed around specific products, allowing for a focus on innovation and quick decision-making. In a matrix structure, teams are formed based on both products and functions, allowing for a mix of expertise and perspectives that can lead to innovative solutions.

Product Team Structure and Matrix Structure Are Especially Suitable for Managing