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Conventionally, Strategy Is Viewed as Preceding Organizational Structure

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Conventionally, strategy is viewed as preceding organizational structure.Management writer Tom Peters states the opposite: "strategy follows structure." The relationship between strategy and structure is best described as:


Definitions:

Accrued Interest

Interest that has been incurred but not yet paid, often referring to the interest accruing on a bond between payment periods.

Sale Received

The funds collected from the sale of goods or services.

Accrued Interest

Interest that has accumulated on a loan or bond since the last payment date but has not yet been paid out.

Commission

A fee paid to an agent or employee for transacting a sale, which is typically a percentage of the sale price.

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