You have recently started your business with a small capital investment. Your business needs a very high degree of flexibility so that you can quickly respond to environmental changes and you are also interested in minimizing costs. Which of the following types of organizations is best suitable for your business?

A) a highly centralized organization

B) a virtual organization

C) a formalized organization

D) a bureaucracy

E) a hierarchical organization

correct option is B) a virtual organization

Explanation:

correct option is a virtual organization

because as we know that major advantages of the virtual organizations are its flexibility

and it is also used for a network of an independent company to join them together temporarily for produce service or the product

and that flexibility allows an individual with the innovative ideas and with the little money to successfully compete against larger and more established the organization