Organizational structure and Organizational Controls

Topic 

Organizational structure and Organizational Controls

Instructions 

What is an organizational structure and what are organizational controls? What are the differences between strategic controls and financial controls? What is the importance of these differences?

Answer Preview 

Organizational structures are formal structures in an organization that provide directions and systems that have to be adhered to within an organization in order to meet goals and objectives. Moreover, organizational structures are the formal reporting procedures that help in the decision-making process in addition to the processes that have to be followed in the process of ensuring that procedures are followed. In the contemporary world, developing organizational structure is uncertain due to the cultural and ethnic backgrounds of people working within an organization.

Word Count: 200