MANAGEMENT

Detailed explanation-1: -A system that outlines how specific activities are handled to fulfill a strategic mission is known as an organizational structure. Rules, roles, and obligations are all part of these activities. The organizational structure also determines the flow of information between divisions within the corporation.

Detailed explanation-2: -An organizational structure is the group of rules, roles, relationships and responsibilities that outline how your company’s activities are directed to meet its goals. There are eight types of organizational structures, each of which is either centralized or decentralized in terms of who has the power.

Detailed explanation-3: -Five elements create an organizational structure: job design, departmentation, delegation, span of control and chain of command. These elements comprise an organizational chart and create the organizational structure itself. “Departmentation” refers to the way an organization structures its jobs to coordinate work.

Detailed explanation-4: -Divisional structure A divisional structure organizes employees around a common product or geographical location. Divisional organizations have teams focused on a specific market or product line.

Detailed explanation-5: -A horizontal organizational structure is one that has only a few layers of management. Managers have a wider span of control with more subordinates in a flat structure, and there is usually a short chain of command.