20131017

organizational structure

 
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TERM OF THE DAY

organizational structure

The typically hierarchical arrangement of lines of authoritycommunications,rights and duties of an organizationOrganizational structure determines how the rolespower and responsibilities are assigned, controlled, and coordinated, and how information flows between the different levels of management. A structure depends on the organization's objectives and strategy. In a centralized structure, the top layer of management has most of the decision making power and has tight control over departments and divisions. In a decentralized structure, the decision making power is distributed and the departments and divisions may have different degrees of independence. A company such as
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Usage Example
Just remember, the reason for having an organizational structure is to maintain communication and to make sure that there are as few redundancies as possible.
Source: Which Organizational Structure is Right for Your Business?