Describe the features of Global Functional Structure.
The global functional structure is one of the organizational frameworks used by multinational companies to manage their international operations efficiently. It groups activities based on specialized functions and supports coordination and control across various geographic locations. Here’s a detailed description of the key features of a global functional structure:
1. Specialization by Function: In a global functional structure, the organization is divided into functional departments such as marketing, finance, human resources, and production. Each department is responsible for its specialized activities across all international operations. This specialization allows for deeper expertise in each functional area, which can lead to more efficient and _________ _______ _________ ______ _______ _________ ______ ______ _________.
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