Abstract
This chapter addresses the role of organizational structures, organizational processes, strategic control systems, and strategic change, highlighting the role they play in providing an organization with competitive advantage. It discusses organizational structure, which is concerned with the division of labour into specialized tasks and coordination between these tasks. It also examines how organizations are a means by which human economic activity can be coordinated as organizations exist because they are more efficient at undertaking economic activities than individuals are on their own. The chapter covers the trade-off between specialization and coordination and the advantages and disadvantages of different organizational structures and processes. It determines the purpose of strategic control systems for organizations and assesses different types of strategic change.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
