Big Money Bank has several branches that are headed by branch managers. The loan manager, investments manager, operations manager, and trust manager in each branch report directly to the branch manager. This scenario is an example of a __________.
A) dysfunctional structure
B) matrix structure
C) network structure
D) product structure

Question

Quizplus · Accepted Answer

The scenario described is an example of a product structure, where each branch manager oversees functional areas, such as the loan manager, investments manager, operations manager, and trust manager, which are specific to a particular product or service.

Big Money Bank Has Several Branches That Are Headed by Branch