GENERAL KNOWLEDGE

Detailed explanation-1: -A divisional organizational structure is often broken down into units by product, by process, by territory, or by customer type. The traditional functional structure is broken down by function (sales, marketing, etc.). No common organizational designs are divided by manager or job type.

Detailed explanation-2: -Divisional. In a divisional structure, people are grouped together based on the product or service they provide, not the work they do. For example, a large corporation such as General Electric has divisions for electronics, transportation, and aviation, each with its own team of accountants, marketers, etc.

Detailed explanation-3: -A functional structure is arguably the most common type of organizational structure. The objective of most small companies is to group their workers by department as their businesses grows, and grouping workers by various functions often makes the most sense.

Detailed explanation-4: -The four types of organizational structures are functional, multi-divisional, flat, and matrix structures.

Detailed explanation-5: -McDonald’s Corporation, one of the leading fast-food chains in the world is an ideal example of a divisional organizational structure. The overall business is divided into independent divisions that have responsibilities based on operational requirements.