There Are a Number of Methods by Which a Corporate

question 37

Essay

There are a number of methods by which a corporate can go about structuring their organisation.The text lists the relative advantages and disadvantages of each method.Given your understanding of this,justify which organisational structure you would recommend for the following situations:
a.a government owned telecommunications company with a monopoly in its market
b.a private entrepreneurial organisation that develops new hand held entertainment devices in Japan
c.a large retailer that sells an array of goods including groceries,hardware,clothing (premium and low-cost)and liquor
d.a multinational corporation that produces a single product,but must adapt it for each county they operate in due to legal constraints.

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Definitions:

Direct Material

Raw materials that can be directly attributed to the production of a specific product.

Processing Costs

Expenses associated with the operation of processing goods, often related to manufacturing or production processes.

Labour Costs

The total expenses borne by employers for the wages, benefits, and taxes associated with their workforce.

Conversion Costs

Costs incurred to convert raw materials into finished products, typically including direct labor and manufacturing overhead.