Most modern organizations follow one of five organizational structures.
These structures are simple, functional, divisional, matrix and network. A
corporation may also use any combination of the five structures to support
short to long term strategy.
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<Tab/>According to Wheelen and Hunger, simple structure has no
functional or product categories and is appropriate for a small company,
such as a sole proprietorship. Functional structure is appropriate for a
medium-sized firm with several related product lines in one industry.
Divisional structure is appr…
