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Definition: a Reorganization is the act or process of changing or restructuring a firm's operations for various reasons, ranging from concentrating on core activities and outsourcing peripheral activities to repositioning a business to dealing with corporate changes such as mergers and acquisitions, to merely improving efficiency or cutting costs. |
More on organizational structure: Formal Organization, Holonic Enterprise Model, Informal Organization, Organization Chart, Organizational DNA, more on organizational structure... MBA Brief provides concise yet precise definitions of organizational concepts, management methods, and business models as taught in an MBA program. We keep it short and provide links to high-quality websites where you can learn more about your topic.
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