Describe the Three Major Types of Organizational Structure and Their

question 84

Essay

Describe the three major types of organizational structure and their appropriate use.

---

Definitions:

Peak Periods

Peak periods refer to times of heightened demand or activity within a business or market, often leading to increased sales, higher operational intensity, and the need for strategic planning to meet consumer needs.

Off-Peak Periods

Times outside of peak demand or usage intervals, often characterized by lower costs or lesser activity levels.

Capacity Shortage

A situation where the demand for a company's output exceeds its production capacity.

Margin Reduction

The decrease in the difference between the selling price of a product and its cost, often due to increased costs or reduced selling prices.