it is the division of business into More or less autonomous regional or product-centered businesses, each with its own revenues, expenditures n capital asset purchase programmes, and therefore each with it's own profit and loss responsibility.
Lex Donaldson has written: 'Divisionalisation and size' 'The Contingency Theory of Organizations (Foundations for Organizational Science)' 'The interaction of size and diversification as a determinant of divisionalisation' 'For positivist organization theory' -- subject(s): Organization 'Strategy, structure, fit and financial performance' 'In defence of organization theory' -- subject(s): Organizational sociology