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Which is more likely to decentralize staff functions dedicating them to each business or product organization?

An effective organizational structure can create a competitive advantage by


What is financial function in business organization?

financial functions of a business organization


Give the 4 functions of business organization?

There are 4 major functions of business organization. These major functions include flow, communication, financial accountability, as well as leadership.


What are the five types of TPS in business organization and their functions?

what are the five types of TPS in business organisation and their functions


Which is most likely to decentralize staff functions dedicating them to each business or product organization?

Organizations are most likely to decentralize staff functions when they adopt a matrix or divisional structure, allowing individual business units or product lines to operate with greater autonomy. This approach enhances responsiveness to market demands and enables specialized teams to focus on specific products or customer needs. Companies in dynamic industries, such as technology or consumer goods, often implement this strategy to foster innovation and agility. Ultimately, decentralization empowers local managers to make quicker decisions aligned with their specific operational goals.


Advantage of decentralization?

A decentralized organization empowers many managers in the organization to make business decisions. With control over their subordinates, operations can continue instead of waiting to receive direction from executive managers.


What is a small core organization that outsources major business functions?

matrix


What three major functions of business organization can you enumerate and explain briefly?

finance, operation,marketing


What is a institution that functions much like a business but does not operate for the purpose of generating profits?

nonprofit organization


What is the main function of the business?

This is predicated upon the question, why are we into this business? We are into this business to make profits; provide a good or service which is not being produced currently etc. How are the profit objectives achieved? It is through the functional areas of the business such as marketing, Human Resource etc which help the organization to realize its functions. Therefore, the functional areas of a business are the vehicle by which the organization's functions are realized.


What is the core and support function in and organization?

The core and support function in an organization is marketing and distribution. Support functions are known to facilitate the core operations of the business.


What are the different functions of production and operation management POM within the business organization?

production and operation management function