Functional structure Clause Samples
Functional structure. The Group's main business is within the Tanker Segment. The 'Projects' division handles the Group's sale and purchase activities including the Insurance, Legal and Research Departments. Technical activities are covered by the Group's organisational division that supports the Tanker business with technical expertise. The Group's operations are supported by the corporate functions of Investor Relations and Corporate Support, Group Accounting, Group Treasury, Group IT, Human Resources and Internal Services.
Functional structure. ▇▇▇▇▇▇ (2007) takes the work of several researchers (▇.▇. ▇▇▇▇ & ▇▇▇▇▇▇▇▇, 1985; ▇▇▇▇▇, 1991; ▇▇▇▇▇, 2002) as a basis when she proposes four functional structures of IOS: - Multiple suppliers and multiple buyers – a many-to-many relationship - Multiple buyers and one seller – a many-to-one relationship - One buyer and multiple sellers – a one-to-many relationship - One supplier and one buyer – a one-to-one relationship The many-to-many relationship is typically characterized as a virtual market exchange. Here, organizations communicate with a large number of trading partners through a single, inter- organizational link, e.g. a hub or a third party (Hannås, 2007). The one-to-many and many-to- one relationship is typically a relationship where there are many buyers and one seller or many sellers and one buyer. The one-to-one relationship is often characterized as two organizations having a strategic and collaboration-oriented view on the IOS.