N5 Entrepreneurship


Questions: 1. What does “Red Tape” mean? 2. From the article, name at least three examples of ‘red tape” and aspiring entrepreneur will be confronted with?


3. Why is it important to get rid of red tape? 4. What is the relationship between “bureaucracy” and “red tape”?


DID YOU KNOW


It takes on average 4.3 days to satisfy the regulatory requirements to start a business in North America, according to the World Bank. In Africa, it takes 69.5 days


2.2 Matrix organisational structure


The matrix organisational structure is, strictly speaking, a combination of departmentation and the flat organisational structure. The different departments such as production and finance still exist, but project teams are formed according to the knowledge and skills required for a specific project. This takes place regardless of which department a worker is working in. Such a group of workers then performs a variety of tasks. Once the project is completed, the team ceases to exist. The implication of this is that a specific worker might report to two different managers at the same time. This is not always advisable. A matrix structure is more likely to be found in larger businesses.


Example of a Matrix organisational structure Business Manager Production


Project 1 Project 2


2.3 Finance Accountant


This accountant reports to two different managers for the duration of the project


Marketing Personnel


Flat organisational structure


The flat organisational structure has relatively few layers of management. The aim is to soften the hierarchy of authority, meaning that all workers and managers interact regularly. This structure is mostly found in businesses that employ highly qualified people like scientists and computer specialists. These workers are professionals and need only limited management


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