question_answer

Raj Wadhawan is thinking of establishing a steel manufacturing company. In his research, he found out that this sector is expected to grow at a rate of 20% annually and presently the demand far exceeds its supply. He has also managed to include Kshitij in his plans, who has the experience of working in TISCA Steel Plant for 10 years. Kshitij informs him that a steel manufacturing company has the following main jobs:

[a] Manufacturing

[b] Finance

[c] Marketing

[d] Personal

[e] Research and development

(i) Which type of organisation structure will be suitable for this type of a company?

(ii) State any two advantages of this organisational structure.

Answer:

Not Available