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L/508/0485(RQF) Business and the Business Environment, HND Business – Level 4, Regent college

Introduction

Today, international business is becoming more and more involved due to the higher organizational structure(Czinkota, Ronkainen and Moffett, 2011). People are working hard day and night for achieving the objectives of the organization. However, it is significant for the people who are working in the organization and who is determined to join a specific company to know about the structures of the organizations. Societies are established in specific ways for accomplishing various goals. Moreover, the organization chart can aid its progress towards achieving the objectives. Organizational structures can be divided into two sections such as legal structure and divisional structure. These two structures determine the size of the organization(Hill and Hult, 2017). The two structures are described below:

Divisional Structure: The specific structure is implemented by large companies that function in a wide geographic area. It means the campus of the company is enormous. Moreover, divisional structure is also used in large enterprises where separate smaller companies within a specific group cover various types of services and products in different areas or specific areas(Knott and Turner, 2017). Divisional structure is often known as private organizations. Private organizations are large.

Legal Structure: Business legal structures change inside and out from country to country. Gathering the right legal, organizational structure for the firm is a defender among the most fundamental decisions the company will make(Knott and Turner, 2017). While it won't have much impact on the regular operations of a private wander, it can have a tremendous impact evaluate time when the organization need to procure trade or haul out money related experts, or in the shocking event that you get indicted. While it is possible to change the organizational structure at a later date, it can be a troublesome and expensive process. Better to settle on the right decision regardless. The legal business structure can be classified into many types out of which sole proprietorship and limited partnership are descri

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