International business
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What is PM Company's optimal organizational structure? How does it impact PM Company's international market expansion plans? How would it change as PM Company adopts additional international market expansion strategies? How long and what will it take to actually change the organizational structure?
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The response addresses the queries posted in 567 words with references.
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The response addresses the queries posted in 567 words with references.
//Before scripting about the 'Optimal Organizational Structure' for PM Company, we have to understand the definition of Organizational Structure and its importance for an Organization. We will discuss about the different kinds of structures. It will be helpful for us in understanding the management functions, within a well defined Organizational Structure.//
An Organizational Structure is a Hierarchical Concept that defines the relationship of Employees in an Organization. There are a variety of Organizational Structures that are used by the Companies as per their requirements. An Organizational Structure allows a Company to arrange its Management in a manner that is most suitable for achieving Organizational Goals. The Organizational Structure used is based on the objective, culture and working style of a Company (Organization and Organizational Structures, 2008).
Organizational Structure is helpful in allocating the responsibilities and functions that are to be done by different Employees within an Organization. An Organizational Structure develops an environment of coordination and motivation within a Company so that its Employees can work for its betterment. The Management of a Company should analyze its Objectives and Culture before selecting an Organizational Structure ...
Education
- MBA (IP), International Center for Internationa Business
- BBA, University of Rajasthan
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