A bank divided in different divisions for consumer banking and business banking is an example of
A)An M-form of an organization
B)A functional organization
C)An N-form organization
D)All of the above

Question

​A bank divided in different divisions for consumer banking and business banking is an example of
A)​An M-form of an organization
B)A functional organization
C)An N-form organization
D)​All of the above

Quizplus · Accepted Answer

A bank divided into different divisions for consumer banking and business banking adopts an M-form of organization, where multiple divisions operate under a common corporate umbrella, each focusing on a particular function or industry. This allows for effective specialization and coordination within each division, while also benefiting from shared resources and overall strategy at the corporate level. Option B, a functional organization, typically refers to a structure where employees are grouped by the type of work they perform, rather than by product or customer group. Option C, an N-form organization, is a less common form of organization that emphasizes networked, decentralized decision-making and cooperation between different organizational entities. Overall, A is the most accurate choice for the given scenario.

​A Bank Divided in Different Divisions for Consumer Banking and Business

A Bank Divided in Different Divisions for Consumer Banking and Business