Activities like getting a health checkup and purchasing a smartphone fall under the domain of .
Gracie runs a large factory, manufacturing steel appliances. The whole organisation is divided into major functions like production, marketing, finance and purchase, which may be grouped into different departments. All the activities related to purchases are grouped under purchase department like purchase of raw materials, records of purchase of inputs and tools, etc. Similarly, activities related to marketing include sales department and advertising department are grouped in the factory.
(i) What types of structure is followed by Gracie?
(ii) State any two advantages of this structure.
(iii) What are the prerequisites or features or requirements for this type of organisational structure to work?