The four market structures are pure competition, pure monopoly, monopolistic competition and oligopoly. If I were an organization I would prefer to operate as a pure monopolistic monopoly because I would be able to dominate in my market. Within this structure, one firm is the seller of a particular product or service...
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The four market structures are pure competition, pure monopoly, monopolistic competition and oligopoly. If I were an organization I would prefer to operate as a pure monopolistic monopoly because I would be able to dominate in my market. Within this structure, one firm is the seller of a particular product or service...
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Departmentation Eg, Al Futtaim has several different divisions to manage their different businesses. Customer departmentation can be used by organizations that serve different groups of customers with different needs...	3 / 603
Organization Behaviour As the number of levels in the hierarchy increases, filtering is more likely to occur. B. Horizontal Division of Labour The horizontal division of labour involves grouping the basic tasks that must be performed into jobs and then into departments so that the organization can achieve its goals...	6 / 1635
Organization Structure Possible weaknesses could be lowering of technical specialization due to increased focus on a single product, poor utilization of resources, especially HR, largely due to redundant functions thereby lowering the resource efficiency, emergence of boundaries between business units resulting in lack of coordination across units, etc...	2 / 463
organisation structure Meaning they have 2 bosses, a functional boss and a product boss. It could also be referred to as a cross-functional project team. Various models of these are being used globally and each structure has its pros and cons...	2 / 530