corporate structure

Corporate structure refers to the organization and hierarchy of a company, defining how tasks, responsibilities, and authority are distributed. Typically, there are different levels, including shareholders (owners), a board of directors (main decision-makers), and executives (managers who run daily operations). Departments like marketing, finance, and human resources focus on specific functions, all working together towards common goals. This structure helps streamline operations, ensure accountability, and facilitate communication, ultimately guiding the company’s strategic direction and ensuring it meets its objectives efficiently and effectively.