Describe the Organizational Structure Associated with a Firm That Pursues

question 33

Essay

Describe the organizational structure associated with a firm that pursues an unrelated diversification strategy.

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Definitions:

Predictability

The quality of being able to be expected or predicted based on past occurrences or known patterns.

Informal Structure

The unofficial, dynamic aspects of an organization that stem from personal relationships, networks, and social complexities rather than formal rules and hierarchies.

Bureaucracy

A formal organizational structure with a clear hierarchy and strict rules governing operations, often used in large organizations or governments.

Utilitarian Organizations

are groups formed to achieve specific objectives, often for compensation, such as businesses or government agencies.