The functional model of organizational structure utilizes a specialized workforce with decision making power held in a centralized location. For a growing small business, a functional structure can ...

When businesses get large enough to need an organized company structure, they traditionally segregate personnel by work function. This setup lets people with similar jobs communicate easily and share ...

IN today's fast-paced business world, organisations constantly seek ways to optimise their operations and enhance productivity. One popular approach is the implementation of a functional ...

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 ...