Answer :
The following statement, "Simple structures are flexible and inexpensive, but often only effective in small organizations." is true.
Depending on the industry, the U.S. Small Business Administration classifies organisations with up to $35.5 million in annual sales and 1,500 employees as "small businesses." Outside of the government, enterprises with less than $7 million in annual revenue and 500 or fewer employees are frequently referred to as small businesses.
Small businesses also benefit in many ways that large corporations do not. For instance, one of the main benefits of running a small business is that owners frequently have more flexibility in terms of staffing levels and can develop more personal relationships with their clientele.
To know more about organizations, click here.
https://brainly.com/question/12825206
#SPJ4