Organizational Structure Paper

physical compositional Structure Paper: believe of the States MGT/230 may 19, 2012 University of Phoenix emerging of lodge of the States cashboxing company of the States is superstar of the largest pecuniary institutions not only indoors the U.S. just nigh the solid ground as well. Its beginning grow from a sm each(prenominal)(prenominal) entrust called Bank of Italy that was established by Amadeo Peter Giannini and his son in San Francisco, California in 1904 (Bank of the States Heritage., 2012). At the time of brass section its initial cerebrate of existence was to service those that were turned remote from other tills; well-nigh were farmers who had come from Italy (Encyclopedia Britannica , 2011). Today Bank of America provides go for almost 60 million consumers its b atomic turning 18-assed headquarters is now in Charlotte, North Carolina. In 1958, Bank of America was besides the first to create a bank card called BankAmeriCard, which allowed c ustomers to access their accounts and charge purchases to them as well. Corporate Structures on that point are different types of corporate presidential termal structures; vertical structures and even structures. The vertical structure consists of a hierarchically structured makeup where all management activities are controlled by a compound management staff (Bateman, T. S., & Snell, S. A., 2011).

This is more of a tralatitious type of organization such as that of Bank of America that often develops strong bureaucratic control over all organizational activities. Unlike a horizontal structure which is atomic number 53 of dec entralization of power and or control. At le! ast inside specific departments an emphasis is placed on horizontal collaboration, preferably than conceiving of leadershiphip as one person always cosmos in control. Leadership is often shared among team leaders and members slip to the person with the most knowledge or expertness in the matter. Within the horizontal structure there are also other types of sub organizational structures; The Functional Organization (Departmentalization around specialized...If you want to get a full essay, roam it on our website: BestEssayCheap.com

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