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Product based company will be involved in the development of Product like a Telecom Product or Billing Product etc., Microsoft is a Product based company.Service Based company will be involved in the development of Application which will used to serve the various sectors such as Insurance, Health care, Retail, Banking etc., There are lot of Service based companies such as TCS, Wipro, Satyam etc.,
There is no definition for product based marketing mix anywhere so i dont know. However service-based is the 3 additional P's -people, process and physical evidence, so i assume product-based in the 4 P's ??
The management and employee structure of a retail enterprises is based on tiers. At the store level the ascending structure is the basic organization follows between associate, manager and store manager. Regional district managers are reported to by the store managers. District managers can then answer to the executive heads of each company division at the corporate level.
Product adaptation is a kind of marketing strategy wherein a company develop new products. The new product is based on modification of existing items.
hell..idfk i just asked the question.
A divisional organization relies on product departmentalization.The firm creats product-based divisions, each of which may then be managed as a separate enterprise.
Globalization affects a company's structure because the structure determines who reports to whom. When a company expands internationally, it will structure the organization based on management's span of control.
Divisional organisation is the process of creating at the primary level a series of relatively autonomous units, usually based on product groupings
The approach may vary based on their product and market focus.
The structure of an organizations operating system is really impacted by the philosophy of the way an organization wishes to "operate". The two concepts are intertwined, and subject to change. In some circumstances, the structure of an organization can be changed based on the performance of its operating system. A break down in the operating system may cause the organizations structure to be changed.
The salient features of formal organization are as follows: (i) Organization structure is laid down by the top management to achieve organizational goals. (ii) Organization structure is based on division of labor and specialization to achieve efficiency in the operations. (iii) Organization structure concentrates on the jobs to be performed and not the individuals who are to perform jobs. (iv) The organization does not take into consideration the sentiments of organizational members. (v) The authority and responsibility relationships created by the organization structure are to be honored by everyone.
mayans political organization
The different groups of organization are formal and informal. The formal organization is making goals by laying down a structure and informal organization is making goals based on feelings and emotions.
Some of the advantages and disadvantages of product structure are that product structure enables companies to remain flexible in the business environment. Businesses are able to remove or expand specific structures as necessary, but it can prevent companies from achieving broad based goals as each structured unit is operated on its own.
The climate of an organization is based on how members _______ about the organization
Groups defined by an organization's structure typically include functional groups, divisions, teams, and departments. Functional groups are based on specific functions or tasks, divisions are based on business units or products, teams are formed for specific projects or short-term goals, and departments are based on broader functional areas such as HR, finance, marketing, etc.
in uk