Functional Structure

[[Functional Structure] is a form of organizational structure whereby each subunit of the organization engages in firm-wide activities related to a particular function, such as marketing, HR, finance, or production.

Definition

According to the Strategic Management by Parnell (4th edition),

Functional Structure. A form of organizational structure whereby each subunit of the organization engages in firm-wide activities related to a particular function, such as marketing, HR, finance, or production.