A(n) ________ organization is an organization that takes on a life of its own, apart from its founders or members and is valued for itself and not for the goods or services it produces.

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An institutionalized organization is one that takes on a life of its own, separate from its founders or members, and is valued for itself rather than for the goods or services it produces. Virtual organizations rely on technology to operate as a flexible network, centralized organizations have a hierarchy with decision-making power at the top, matrix organizations combine functional and product-based groups, and boundaryless organizations have flexible, fluid boundaries between departments and stakeholders.

A(n) ________ Organization Is an Organization That Takes on a Life