A matrix organization is one of the modern business's most common organizational structures. This structure has been used in various fields, including healthcare services and manufacturing. Essentially, it is a framework where people shift from one position to another with the growth and development of an organization. A matrix organization is mostly used in large organizations. This type of organizational chart uses multiple levels to simplify work and assign responsibilities to certain workers. Two main managers work in this type of org structure. It is an organization chart example that shows the product manager focuses on creating a product and enlists specific requirements for workers to be eligible. In comparison, the functional manager helps build teams and monitors the execution process of employees.