Organizational Structure and It's Importance
Organizational Structure and It's Importance Figure 1- Organizational Structure Introduction An organizational structure is the way that a company, organization, or team is set up. It can be hierarchical, or divisional with different levels of management or product lines. This structure provides a company with a visual representation of how it is shaped. Every company and team have its own formal organizational structure. These activities can include rules, roles, and responsibilities. 'Organizational structure is a set of methods dividing the task. to determined duties and coordinates them' (Monavarian, Asgari, & Ashna, 2007) . The organizational structure also determines how information flows between levels within the company. And normally illustrated in some sort of chart or diagram like a pyramid, where the most powerful members of the organization sit at the top. It can be a centralized structure or a decentralized structure. A successful organizational structure ...