Organization has following characteristics
Small or large group of people
Group is leaded by executive leader
Important tool of management is organization
All of the above
Advantages of line organization are____________
High degree of discipline
Easy communication among employees
Alomst no confusions exist
Working speed is fast
Advantages of departmentation by product
Every product division or department can be made accountable for profit or loss incurred by it
Evaluation of performace of every product line can be done individually
It is possible to find out profitable and non profitable product lines
Departmentalization can be done on the basis of following factors
Process
Prodcut
Customers or markets
Disadvantages of departmenation by product
Management cost is increased
Services are duplicated or repated
Man power reuirements are more
The line organization is developed step by step to shape as the_____________
Line organization
Line and staff organization
Functional organization
Disadvantages of project organization
Temporary nature of organization
Loose bonding in group
Functions are complicated
The main components of the organization are_________
Clearly defined objectives
Well organized and coordinated group of people
Suitable division of work and labour
Features of project organization are
Organizations are internally formed
These organizations are generally temporary
Less number of employees
Applications of line organization
Small businesses
Military
Automated industries like textile