What is organizational structure?

a. The geographical location in which a company decides to do business
b. A firm's formal reporting relationships, including procedures, controls, authority, and decision-making processes
c. The personality of a company and the key elements to motivating employees and understanding why they want to work at that company
d. The plan outlining how a company generates revenue and projects its growth

b. A firm's formal reporting relationships, including procedures, controls, authority, and decision-making processes