Question

Relatively smaller territories and reduced travel time and expenses are advantages related to which organizational structure approach

Answer 1

memorandum of association contains a name clause, registered office clause, object (or objective clause), objects clause, liability clause, capital clause

Answer 2

Following are the sectors which are advantageous when the territories are relatively smaller and travel time and expenses are also low:

• An organizational structure is a group of people providing specific services to the people living in the area or tourists people in exchange for money.
• Whenever the territory is relatively smaller, the maintenance cost is minimized also the cost to protect the territory becomes less.
• When the travel time of people is minimized, the public would feel happy and the government may have provided world-class facilities to the public.
• The government there would be advantageous as the more smooth working of different occupations would take place and they would also receive a huge return on the investment done in infrastructure.
• As the expense of the territory is low, we can say that their imports are low, which means that everything which we require daily is available or is produced by themselves within the territory.
• This thing also indicates that the employment rate in the territory would be relatively higher and the youth of the territory is an asset for the government which is very advantageous for the future of the country.

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