Multinational Corporation Influences Research Paper

Multinational Corporation Influences - Research Paper Example This structure has individual departments and the workers work in their own area of expertise, and this system enhances the function of each department. Workers have close contact and can share knowledge which is healthy in terms of product advancement and at the same time functional structure is an economical structure. Centralization of this structure causes flexibility problems among different departments.Divisional Structure is flexible in terms of adopting changes, occur in an environment. Each department is responsible for different product and work is always carried out with their individual finances, marketing strategies or warehouses etc. This structure needs a duplication in its resources because the workers of the same field are divided into different departments and thus there no exchange of information or knowledge between workers. Innovative and differentiation strategies are always part of a divisional structure.Matrix Structure is complicated but is the most accurate structure. It has both above-explained structures within itself and works with functional structure with assigned managers for each product. The matrix structure is the most difficult structure to be implemented because of its dual authority as there are sometimes two managers for each product: Product manager and functional manager, but it is very productive for Multinational Corporations. In short matrix structure is a cross functional structure which carries a plentiful space for improvement and innovation before the product is released for market inflow.