Organisational structure of a corporation
A "corporation" is an organisational entity that engages in economic activities such as production, sales, and provision of services typically for the purpose of making profit. In the narrow sense, it refers to a private corporation such as a "stock company" or "limited liability company". In the wider sense, it also includes public corporations in which the government has a stake.
An "organisation" is a collective entity that has been assembled and integrated into system to achieve a common purpose.
(1) Structure of a corporation
A corporation is an organisation that is structured according to task in order to conduct operations efficiently.
There are various forms of organisation including functional organisations, divisional system organisations, matrix organisations, and project organisations.