Question

The university is experiencing some financial problems and the top administration has decided to have each school of the university become a profit center. This scheme is somewhat parallel to the organizational ____ structure.

Answer 1

Answer:

The correct answer is strategic business unit multidivisional.

Explanation:

An organizational structure provides a framework for the chains of authority within the company. It also provides a systematic means to carry out the daily operations of the company, as well as a way to deal with the problems, issues and challenges that arise. An organizational chart also clarifies the areas of responsibility assigned to specific departments and directors, thus illustrating how official chains of command work within the organization. A well-conceived organizational chart can help shape the management of the organization, while serving as a visual representation of how departments and people relate to each other within the company.