Answered: Briefly explain these four types of…

Briefly explain these four types of organizational ructures: Functional Structure Divisional Structure Product Structure Market Structure Geographical Region Structure

Principles of Management

OER 2019th Edition

ISBN:9780998625768

Author:OpenStax

Publisher:OpenStax

Chapter4: External And Internal Organizational Environments And Corporate Culture

Section: Chapter Questions

Problem 15CRQ: In what ways is a virtual organization and structure different from the other ones discussed in the...

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Concept explainers

Cultural Norms

Every setup, be it a business or a society needs rules to function within a limit. If there were no rules you can imagine how society would be. Everyone will be doing whatever they wish to, be it legal or illegal, and whether it is acceptable to society or not. Cultural Norms are those rules that society adheres to.

Question

1) Briefly explain these four types of organizational
structures:
- Functional Structure
- Divisional Structure
- Product Structure
- Market Structure
- Geographical Region Structure
2) What are the advantages/disadvantages of each?

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