The Organizational Structures can be classified into TWO types which are :
(i) Functional Structure : When activities within an organization are grouped on the basis of major functions , like Production, Finance , Marketing and Human Resource and Separate Departments are created for each of these Functions , a functional structure is Said to be Created .
(ii) Divisional Structure : In a Divisional Structure , separate divisions are created within an Organization on the basis of product lines and supported by functions . Divisional Structure is suitable for a company manufacturing multiple products .
