To develop a strategic plan for a multidivisional structure, companies should follow the following: By following these, the company will grow more and more while reducing the problems of order and management.
Improved Strategic Control: By enabling business managers to focus on developing corporate strategy.
Beneficial long-term growth: by minimizing communication problems and information overload
Pursuit of internal efficiency: unproductive use of functional resources due to the resignation of department heads.
The advantages of the multidivisional structure are:
Improved organizational financial management: Each separate department is treated as a separate financial entity and financial management is used to set performance targets and measure profitability.
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