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What do you understand by functional structure?

What do you understand by functional structure?

What do you understand by functional structure?

0
Jeeba Mar. 16, 2018

It is a type of structure which combines the tasks and activities by business function, such as production/operations, marketing, finance/accounting, research and development, and management information systems. 

In addition to simplicity and cost effectiveness, it also focuses on specialization of labour, encourages efficiency and facilitates the rapid decision making.

What do you understand by functional structure?

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