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Definition: a Functional Organization is a type of organization in which functional departments such as Finance, Marketing and Human Resources are created to deal with such business problems at various levels. The FO uses the principle of specialization based on function or role. |
Learn more about Functional Organizations More on organization types: Contingency Theory, Hierarchical Organization, Non-governmental Organization, Nonprofit Organization, Organization, more... You may also like: Full-time MBA, Executive MBA, Executive Education, Online MBA. MBA Brief offers concise, yet precise definitions of concepts, methods and models as taught in a study Master of Business Administration. We like to keep things short, and provide links to learn more about your subject.
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