Question: Any organizational structure defines three important characteristics: specialization, centralization, and formalization. In turn, these characteristics also shape the stability and flexibility of an organization (how
Any organizational structure defines three important characteristics: specialization, centralization, and formalization. In turn, these characteristics also shape the stability and flexibility of an organization (how much it can predictable manage its routines and work versus how much it can change and adapt to changing circumstances in its environment).
Choose any existing public company and find some information about its organizational structure. What can you say about the specialization, centralization, and formalization characteristics of this organization? What can you mention about this flexibility?
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