MANAGEMENT

Detailed explanation-1: -Organizational structure defines how job tasks are formally divided, grouped, and coordinated. The structure of an organization usually features six different elements: Work specialization. Departmentalization.

Detailed explanation-2: -An organizational structure defines how job tasks are formally divided, grouped, and coordinated.

Detailed explanation-3: -Function – employees are grouped according to the function they provide. The below image shows a functional org chart with finance, technical, HR, and admin groups. Geography – employees are grouped based on their region. For example, in the USA employees might be grouped according to the state.

Detailed explanation-4: -The four types of organizational structures are functional, multi-divisional, flat, and matrix structures. Others include circular, team-based, and network structures.

Detailed explanation-5: -Management must develop an organizational structure, or arrangement of people within the organization, that will best achieve company goals. The process begins with specialization-dividing necessary tasks into jobs; the principle of grouping jobs into units is called departmentalization.