A business's organizational structure defines procedures, governance, and how and by whom decision-making is performed. There are different structures, each with their own strengths and weaknesses.

Whether small or large, each company must consider the way in which its organization is designed and structured. To operate effectively and efficiently, a company needs a formal system of ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...