'Uranus Limited is a company dealing in metal products. The work is mainly divided into functions including production, purchase, marketing, accounts and personnel'
Which type of organisational structure followed by the organisation?
Answer & explanation
Correct answer: option 1
The correct answer is option 1- functional structure.
The type of organizational structure followed by Uranus Limited is a "Functional Structure." In a functional structure, the organization is divided into departments or functions based on specialized roles or tasks. Each department is responsible for a specific function such as production, purchase, marketing, accounts, and personnel in this case.
The key characteristics of a functional structure include clear lines of authority, specialized roles, and efficient management of specific tasks within each functional area.