Organizational Theory

Organizational Theory

1) Need 100 words for each of the below.

=>Divisional structure

=>institutional environment

=>economies of scale

=>core technology

=>corporate social responsibility (CSR)

=>bounded rationality perspective

=>empowerment.

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1. Divisional structure
Divisional structure refers to the organization and segmentation of different company activities depending on products, services, market, or geographical factors. Divisional structuring of companies allows them to implement accurate product and service improvisations that respond optimally to local geographic conditions, customer preferences, and market demands.

(872 words)