Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Give Real World Examples and explain why, for each type of Structure, as shown in the attached photo: 1) Product structure Definition: It gives worldwide

Give Real World Examples and explain why, for each type of Structure, as shown in the attached photo:

t.png 
 

1) Product structure Definition: It gives worldwide responsibility to business units for marketing of their product lines. It provides improved cost efficiency through centralization of manufacturing facilities, the ability to balance the functional inputs needed by a product and to react quickly to product-specific problems in the marketplace. It fragments international expertise within the firm because a central pool of international experience no longer exists Examples: 2) Area structure Definition: It is organized on the basis of geographical area It follows the marketing concept most closely because individual areas and markets are given concentrated attention It is suited if market conditions with respect to product acceptance and operating conditions vary dramatically Examples: 3) Functional structure Definition: It emphasizes the basic tasks of the firm It works best when both products and customers are relatively few and similar in nature A variation of this approach is the use of process as a basis for structure Examples: 4) Customer structure Definition: Operations are structured based on distinct worldwide customer groups Examples: 5) Mixed or hybrid structure Definition: It combines two or more organizational dimensions simultaneously It may occur in a transitionary period after a merger or an acquisition, or because of a unique market characteristics or product lines In the long term, coordination and control across such structures become tedious Examples: 6) Matrix structure Definition: Adopted by multinational organizations for planning, organizing, and controlling interdependent business, critical resources, strategies and geographic regions The matrices used vary according to their areas of emphasis and the number of dimensions needed It helps cut through enormous organizational complexities in making business managers, functional managers, and strategy managers cooperate The dual reporting channel easily causes conflict Examples:

Step by Step Solution

3.46 Rating (159 Votes )

There are 3 Steps involved in it

Step: 1

Product Structure Example An example of a company with a product structure is Procter Gamble PG has business units responsible for different product l... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Essentials of Materials Science and Engineering

Authors: Donald R. Askeland, Wendelin J. Wright

3rd edition

978-1111576868, 1111576866, 978-1285677620, 1285677625, 978-1111576851

More Books

Students also viewed these Marketing questions

Question

Calculate the mass of a tank of gasoline if it weighs 1.35 kN.

Answered: 1 week ago

Question

What is meant by planning or define planning?

Answered: 1 week ago

Question

Define span of management or define span of control ?

Answered: 1 week ago

Question

What is meant by formal organisation ?

Answered: 1 week ago

Question

What is meant by staff authority ?

Answered: 1 week ago