Answer:
An example of a divisional organizational structure is when a company is organized into divisions based on product lines, geographical locations, or customer segments. Each division operates as a separate entity within the company and is responsible for its own operations, including sales, marketing, and finance.
Here are a few examples of divisional organizational structures:
1. Product-based division: A company that manufactures and sells multiple product lines, such as electronics, clothing, and home appliances, may have separate divisions for each product line. Each division would have its own dedicated team responsible for developing, producing, and marketing the specific products within that division.
2. Geographic division: A company that operates in different regions or countries may have divisions organized based on geographical locations. Each division would focus on serving the specific needs of the customers in that region, adapting marketing strategies to local preferences and managing operations in that particular geographic area.
3. Customer-based division: Some companies organize their divisions based on specific customer segments. For example, a bank may have separate divisions for retail banking, commercial banking, and investment banking. Each division would cater to the unique needs and requirements of their respective customer segments.
In a divisional organizational structure, each division typically has its own functional departments, such as sales, marketing, finance, and human resources. This structure allows for better focus and specialization within each division, facilitating efficient decision-making and allocation of resources.
Step-by-step explanation: