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Would a flexible or a more formal structure be appropriate for each of these organizations?
(a) a large department store - formal structure. In a large department store, they should use a formal structure because of the stability of their market. In a department store, decisions are made from CEO down the channels to lower level employees stocking the floor.
(b) Big Five accountancy firm - flexible structure. Will allow for uncertainty. They should allow flexibility in how the firm is ran, especially since most employees will have similar skill sets.
(c) a biotechnology company - flexible structure. Since skilled workers like scientists and doctors are running the show, they do not need the same formalities as a department store, allow more flexibility. They also need to be able to keep up with the changing times and changes in biotechnology.
(a) a large department store - formal structure. In a large department store, they should use a formal structure because of the stability of their market. In a department store, decisions are made from CEO down the channels to lower level employees stocking the floor.
(b) Big Five accountancy firm - flexible structure. Will allow for uncertainty. They should allow flexibility in how the firm is ran, especially since most employees will have similar skill sets.
(c) a biotechnology company - flexible structure. Since skilled workers like scientists and doctors are running the show, they do not need the same formalities as a department store, allow more flexibility. They also need to be able to keep up with the changing times and changes in biotechnology.
The information regarding the formal or flexible structure should be explained below:
The following information should be considered
(a) a large department store - formal structure.
In a large department store, they should use a formal structure due to the the stability of their market.
(b) Big Five accountancy firm - flexible structure.
They should allow flexibility in the firm.
(c) a biotechnology company - flexible structure.
Here also the flexibility should be allowed.
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