Correct option is D
The Matrix Organization is best suited for companies with multiple products and multiple markets because:
· It combines functional and product-based structures.
· Allows specialization in both product and regional markets.
· Ensures efficient resource allocation and cross-functional collaboration.
Information Booster:
1. Geographic Organization: Best for companies operating in multiple regions.
2. Product Organization: Suitable when different product lines require specialized marketing.
3. Functional Organization: Works for firms with a small product range.
4. Matrix Structure: Combines elements of multiple structures for flexibility.
Additional Knowledge:
· Matrix structures prevent duplication of resources.
· Used by large corporations like P&G and Unilever.
· Can create role conflicts due to dual reporting lines.
