Identify and Briefly Discuss the Four Types of Organizational Structures

question 28

Essay

Identify and briefly discuss the four types of organizational structures that can be aligned with strategy execution.

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Definitions:

Maximizing Profits

The process of adjusting production and operational processes to achieve the highest possible profit margin.

Minimizing Losses

Strategies or actions taken to reduce the amount of money or resources wasted or not gained in a business operation or investment.

Output

The amount of goods or services produced by a business, industry, or economy.

Price

The financial sum expected, necessary, or handed over in exchange for something.