What Are the Advantages and Disadvantages of a Functional Structure

question 37

Essay

What are the advantages and disadvantages of a functional structure? Compare them with those of a divisional structure.

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Definitions:

Sole Proprietorship

A business structure in which a single individual owns and operates the business, taking full responsibility for its debts and liabilities.

Sole Practitioner

An attorney who operates a legal practice alone, without partners or associates.

Benefits

Forms of compensation provided to employees in addition to salary, such as health insurance, retirement plans, and paid time off.

Back Up

The process of copying and storing computer data so it may be used to restore the original after a data loss event.