The matrix structure of an organization consists of specific business units coordinating efforts with functional departments.

Question

Quizplus · Accepted Answer

This statement accurately describes the matrix structure of an organization, which emphasizes both functional specialization and cross-functional collaboration. In a matrix structure, employees are typically organized into both functional departments (such as marketing, finance, or human resources) and specific business units or projects that cut across these functions. By working together in this way, companies can more effectively respond to changing market conditions, achieve greater innovation, and maximize efficiency.

The Matrix Structure of an Organization Consists of Specific Business