An organization's structure determines the way employees and jobs are arranged to meet its needs and objectives. In a functional structure, employees are departmentalized by task similarity, and ...

A functional organizational structure features a powerful management hierarchy running departments devoted to broad work classifications such as assembly or marketing. Departmentalizing this way ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...