Explain major characteristics of organizational structure

Assignment Help Operation Management

Reference no: EM132169756

We have been told that organizational structure and strategy are two critical components that every business must manage and manage well if they are going to be successful. In addition to this, we also believe that there is a symbiotic relationship that exists between these two components. Please answer the following questions in light of this relationship.

Identify and explain the major characteristics of organizational structure that a manager needs to understand if he/she is going to develop an effective strategy? (Identified and fully explained 4 different characteristics of organizational structure that managers need to understand.)

What do you believe will be the greatest structural challenges for organizations as they more forward in the 21st century? Be sure to explain what problems these challenges will create for an organization and discuss how an organization should respond to these challenges? (Identified and fully explained at least 4 major structural challenges of the future and the problems they will create and how a firm should respond)

Identify and explain why most firms continue to eschew vertical integration and explain how they should overcome these obstacles that prevent a firm from monetizing vertical integration? Be sure to be specific on what steps need to be taken. (Identified and fully explained at least 4 reasons why firms do not pursue vertical integration and explained how to overcome these obstacles)

Reference no: EM132169756

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