Define the Following Terms

question 63

Short Answer

Define the following terms:
-parole

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Definitions:

Divisional Structure

An organizational framework where the company is divided into semi-autonomous units, each responsible for a particular business aspect or geographical area.

Customer Segments

Groups of potential consumers classified by specific characteristics like demographics, behaviors, or needs, helping businesses to target their products or services more effectively.

Network Structures

Arrangements or patterns of nodes (which can be people, organizations, or devices) connected by lines or links, often used to describe social, business, or communication networks.

Divisional Structures

Refers to a form of corporate organization in which departments are divided by product, location, or service, each with its own management.