Compare and Contrast the Functional,conglomerate,and Divisional Forms of Organization Design

question 83

Essay

Compare and contrast the functional,conglomerate,and divisional forms of organization design structure.What are the advantages and disadvantages of these forms of structure? Use diagrams if they will clarify your explanation.

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Definitions:

Pure Monopsony

A market condition where there is only one buyer for many sellers, giving the buyer significant power over prices and terms of sale.

Labor Market

The supply and demand for labor, in which employees provide the supply and employers provide the demand.

Employment Opportunities

Job openings available in the economy for individuals seeking employment, reflecting the demand for labor and the health of the economic environment.

Taft-Hartley Act

A U.S. law enacted in 1947 that restricts the activities and power of labor unions.