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These five divisions represent the major departments within a publicly traded company, though there are often smaller departments within autonomous firms. Many businesses have a CEO and a Board of Directors , usually composed of the directors of each department, potentially with the addition of one or more non-executive directors .
For this reason, they differ from divisions, which are businesses fully integrated within the main company, and not legally or otherwise distinct from it. [ 5 ] [ 6 ] The Houston Chronicle highlighted that the creation of a division "is substantially easier than developing subsidiaries.
Also, a company will have a simpler process if they need to change the size of the business by either adding or removing divisions. When divisional structure is utilized more specialization can occur within the groups.
Multi-divisional forms became popular in the United States in the 1960s. Companies that did not use it tended to develop more slowly. [2] During the 19th and early 20th centuries, the unitary form (U-form) was the most common structure of the largest industrial companies.
Each major product area in the corporation is under the authority of a senior manager who is specialist in, and is responsible for, everything related to the product line. LA Gear is an example of company that uses product departmentalization. Its structure is based on its varied product lines which include women’s footwear etc.
Division D was the joint CIA-NSA collection effort, where CIA would use clandestine operations personnel to emplace NSA SIGINT sensors. The reference to counter-intelligence work appears to refer to a main counterintelligence division, presumably the Counterintelligence Staff under James Jesus Angleton.
Some administrative division names (such as departments, cantons, prefectures, counties or governorates) can be used for principal, second-level, or third-level divisions. The levels of administrative divisions and their structure largely varies by country (and sometimes within a single country).
A subsidiary is a separate, wholly owned entity; a division is a part of a business that is not a separate entity. Paul Robinson (Rfc1394) 23:25, 22 January 2011 (UTC) One can have a customer service division. A mainframe division, a research division, a sales division. All sorts of reasons for having divisions.