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As a highly flexible structure, a <u>matrix organization</u> can be quickly configured to adapt as required due to changes.
<h3>What is a matrix organizational structure?</h3>
A matrix organizational structure can be defined as a type of work structure where reporting relationships between employees and the top executive (employers) are set up as a matrix rather than the conventional hierarchy approach, which makes it highly flexible and adaptable to subsequent changes.
<h3>The types of matrix organizational structure.</h3>
In business management, there are three types of matrix organizational structure and these include:
- Balanced matrix structure.
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Technology has helped tremendously business professionals to be more efficient.
2. Business professionals work on the basis of information . Management information is available at the click of the mouse.
3. Communication, within and outside the organisation, has become very easy.
4. Controls on Accounts has become more efficient and less tedious.
5. Work drudgery has been given a go by. Technology has given more free time which can be used for thinking and planning.