In the types of organizational structures, the most commonly known include Functional Structures, Divisional Structures, Strategic Business Unit Structures, and Matrix Structures. 

Explain each type of organizational structure above!

Contingency plans can be defined as alternative plans that can be implemented if certain important events do not occur as expected. This refers to the experience of many companies that often change their plans in the middle of the road due to technical and non-technical factors. What are some common contingency plans made by companies!

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Organizational structure Explanation Companies need a good structure to function and grow Without structure there is very little clarity and focus No one knows who to report to and responsibilities ar... View the full answer