What is the importance of organization structure in retail? Explain the important tasks performed in retail.

There are a number of factors that differentiate small-business operations from large-business operations, one of which is the implementation of a formal organizational structure. Organizational structure is important for any growing company to provide guidance and clarity on specific human resource issues, such as managerial authority. Small-business owners should begin thinking about a formal structure early in the growth stage of their business.

Guidance from Organizational Purpose

Organizational structure provides guidance to all employees by laying out the official reporting relationships that govern the ___ __________ __________ ______ _____ _________ ____ __________ ____.
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