Describe the features of Global Functional Structure.
A Global Functional Structure is a type of organizational structure used in international business management where the company is divided based on specific functions such as production, marketing, finance, human resources, and research & development. This structure is particularly beneficial for companies that operate in multiple countries but maintain a centralized decision-making system.
### Key Features of Global Functional Structure
1. Functional Departmentalization
- The organization is divided into functional areas like marketing, finance, operations, human resources, and research & development.
- Each function operates under the leadership of a specialist or head responsible for that area.
- Employees are grouped based on their expertise and skills within each department.
2. Centralized Decision-Making
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