Top MBA Colleges in Kochi, Kerala | Best MBA Colleges in Kochi, Kerala

A structure where there are more than a single line of reporting managers is called as a matrix organization. Here, there would be more than one boss to whom employees of that organization would be reporting to. It is a complex structure but helps in achieving the ultimate goal of reaching more productivity.  The benefits of a matrix organization are plenty. Matrix organization is used in firms having diverse product lines and services and can be used to give more flexibility and break monotony in the organization. Employees work with colleagues of different departments having expertise in various functions.  When employees from diverse departments work together they help solve problems in a much more efficient manner. It leads to an overall employee development as each one of them is exposed to different functions along with their core job. In this type of organization, employees are assigned a project or job outside their department for a temporary period o...

An economic condition where investment capital is hard to secure is referred to as a credit crunch. Investors and banks become wary of lending funds to corporations and individuals which drives up the price of debt products for borrowers. It is often an extension of a recession and a credit crunch makes it almost impossible for companies to borrow as lenders are scared about instances like bankruptcies or defaults which could lead to high rates. It is also known as a credit squeeze or credit crisis and occurs independently of a sudden change in the rates of interest. Individuals and businesses that could earlier obtain loans to expand operations or to finance major purchases suddenly end up unable to acquire such funds. This effect can be felt throughout the entire economy because of a drop in homeownership rates and businesses being forced to cut back because of capital shortage. The credit crunch is often followed by a period where lenders are too lenient in offering c...