Final answer:
Pfizer's functional organizational structure and innovative culture have a positive impact on its decision-making process.
Step-by-step explanation:
Pfizer's organizational structure and culture have a significant impact on its decision-making process.
Organizational structure refers to the hierarchy and arrangement of positions within a company. Pfizer's structure is a functional organizational structure, where employees are grouped by their specialized functions such as research and development, production, marketing, and finance. This structure enables clear lines of authority and communication, promoting efficient decision-making.
On the other hand, organizational culture refers to the shared values, beliefs, and practices within a company. Pfizer has fostered a culture of innovation, collaboration, and patient focus. This culture encourages employees to think creatively, work together, and prioritize patient needs in their decision-making process.
Therefore, Pfizer's organization structure, with its clear lines of authority, and its culture, emphasizing innovation and patient focus, contribute to its decision-making process by promoting efficient communication, collaboration, and a patient-oriented approach.