A/An ________________describes a young,small firm in a fast-changing environment.It has a simple structure and is managed by an entrepreneur serving as its single chief executive officer.
A) Machine bureaucracy
B) Divisionalized bureaucracy
C) Entrepreneurial structure
D) Adhocracy

Question

Quizplus · Accepted Answer

An entrepreneurial structure best fits the description given in the question. This structure is characterized by a simple organizational design and a focus on innovation and risk-taking, which is commonly found in young, small firms. Additionally, the entrepreneur serves as the single CEO, allowing for quick decision-making and flexibility in a fast-changing environment. The other options, machine bureaucracy, divisionalized bureaucracy, and adhocracy, do not match the features described in the question.

A/An ________________Describes a Young,small Firm in a Fast-Changing Environment