For better or worse, today’s technology gives us lots of ways of keeping connected with our businesses, our families, and the information we need. On the other hand, businesses today are becoming increasingly dependent on the technology to support critical operations and stay competitive.
The E-Commerce (EC), especially the Internet is playing an important role in a lot of organization operating process. In fact, the advance technologies will give managers a whole new set of options for structuring and operating their business. In 21st century, some companies today will be small, some will be large, some will be decentralized and other will not. The matrix and hierarchy are the most common formal organization design for large companies today. They’ve structure communication, responsibility, and accountability to help reduce complexity and provide stability. With the environment changing so quickly, the challenge has been to make large company, with their economies of scales as responsive as small ones. With all this impact, the organization can actually lower down their cost and finally provide the cheaper price offering to consumer.
1 comment:
Hi,
It was a good post. But could have been more descriptive. Some more points could have been covered.
Angelina Parker
Custom Website Design
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