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What are the two types of petitions that are filed to begin bankruptcy proceedings?
Functional Structure
An organizational framework where departments are divided based on their function or role within the company, such as marketing, finance, and human resources.
Geographic Divisionalized Structure
An organizational structure where operations are divided based on geographic regions, with each region operating semi-autonomously to serve its local market effectively.
Divisionalized Structures
An organizational form in which the company is divided into semi-autonomous units or divisions, each responsible for its own operations and profitability.
Network Structure
An organizational design where entities are connected less hierarchically and more through a flexible arrangement of nodes, facilitating information flow and collaboration.
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