The structure of an organization refers to the hierarchy within a company. It defines the concept of subordinates who collaborate to accomplish stated goals. The organization's goals and culture ...

A horizontal organizational structure lets a business adapt quickly to changing market conditions, but coordination of the work becomes a challenge. Such an organization has many functions reporting ...

Opinions expressed by Entrepreneur contributors are their own. How owners organize the management of a small business has a huge effect on internal and external growth. The question is, which ...

Seniority-based hierarchical work culture is a common practice in South Korean companies, including Samsung. But “New Samsung” will now get rid of that practice. The company is gradually modernizing ...

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 ...