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Name the organisational structure that assists in increasing managerial and operational efficiency.
- a)Functional structure
- b)Divisional structure
- c)Both a and b
- d)None of these
Correct answer is option 'A'. Can you explain this answer?
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Name the organisational structure that assists in increasing manageria...
Functional Structure
Functional structure is an organisational structure that assists in increasing managerial and operational efficiency. Here's how it achieves this:
Specialization
- Functional structure allows for specialization within each department, such as marketing, finance, operations, etc. This helps employees to focus on their specific area of expertise, leading to increased efficiency.
Clear Hierarchy
- This structure typically has a clear hierarchy with well-defined roles and responsibilities. This clarity helps in decision-making and streamlining communication, leading to improved efficiency.
Efficient Coordination
- Functional structure promotes efficient coordination among departments. Each department works independently on its specific functions, but they also collaborate when necessary. This ensures better coordination and smoother operations.
Cost Efficiency
- By grouping employees based on their functions, functional structure helps in cost efficiency. Resources are allocated based on the specific needs of each department, reducing wastage and improving overall efficiency.
Focus on Core Competencies
- This structure allows organizations to focus on their core competencies by dedicating specific departments to each function. This specialization helps in improving efficiency and achieving strategic goals.
In conclusion, functional structure is an effective organisational structure that enhances managerial and operational efficiency by promoting specialization, clear hierarchy, efficient coordination, cost efficiency, and focus on core competencies.
Functional structure is an organisational structure that assists in increasing managerial and operational efficiency. Here's how it achieves this:
Specialization
- Functional structure allows for specialization within each department, such as marketing, finance, operations, etc. This helps employees to focus on their specific area of expertise, leading to increased efficiency.
Clear Hierarchy
- This structure typically has a clear hierarchy with well-defined roles and responsibilities. This clarity helps in decision-making and streamlining communication, leading to improved efficiency.
Efficient Coordination
- Functional structure promotes efficient coordination among departments. Each department works independently on its specific functions, but they also collaborate when necessary. This ensures better coordination and smoother operations.
Cost Efficiency
- By grouping employees based on their functions, functional structure helps in cost efficiency. Resources are allocated based on the specific needs of each department, reducing wastage and improving overall efficiency.
Focus on Core Competencies
- This structure allows organizations to focus on their core competencies by dedicating specific departments to each function. This specialization helps in improving efficiency and achieving strategic goals.
In conclusion, functional structure is an effective organisational structure that enhances managerial and operational efficiency by promoting specialization, clear hierarchy, efficient coordination, cost efficiency, and focus on core competencies.
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Name the organisational structure that assists in increasing manageria...
Functional structure assists in increasing managerial and operational efficiency.
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Name the organisational structure that assists in increasing managerial and operational efficiency.a)Functional structureb)Divisional structurec)Both a and bd)None of theseCorrect answer is option 'A'. Can you explain this answer?
Question Description
Name the organisational structure that assists in increasing managerial and operational efficiency.a)Functional structureb)Divisional structurec)Both a and bd)None of theseCorrect answer is option 'A'. Can you explain this answer? for Class 12 2024 is part of Class 12 preparation. The Question and answers have been prepared according to the Class 12 exam syllabus. Information about Name the organisational structure that assists in increasing managerial and operational efficiency.a)Functional structureb)Divisional structurec)Both a and bd)None of theseCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for Class 12 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Name the organisational structure that assists in increasing managerial and operational efficiency.a)Functional structureb)Divisional structurec)Both a and bd)None of theseCorrect answer is option 'A'. Can you explain this answer?.
Name the organisational structure that assists in increasing managerial and operational efficiency.a)Functional structureb)Divisional structurec)Both a and bd)None of theseCorrect answer is option 'A'. Can you explain this answer? for Class 12 2024 is part of Class 12 preparation. The Question and answers have been prepared according to the Class 12 exam syllabus. Information about Name the organisational structure that assists in increasing managerial and operational efficiency.a)Functional structureb)Divisional structurec)Both a and bd)None of theseCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for Class 12 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Name the organisational structure that assists in increasing managerial and operational efficiency.a)Functional structureb)Divisional structurec)Both a and bd)None of theseCorrect answer is option 'A'. Can you explain this answer?.
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