Organizational Structure College Essay

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MH Company is a three years old, located at the north eastern part of United s.

The company deals in the mobility products like wheelchairs, walkers etc that enable the people to become more mobile.

Each representative state has one principle governor and another alternative governor, who controls the organization when the principle governor is absent.

The organization has an executive board with 24 directors who supervise general funds within IMF as delegated by the Board of Governors.

IMF is an inter-governmental entity that offers policy advices and finances to members facing economic problems.

It also collaborates with upcoming nations to assist them attain macroeconomic benefits to lessen poverty levels.

of the of the Organizational structure is characterized as a hierarchical arrangement ofmanagement authorities that define the line of communication, roles, responsibilities, and rights of persons within specific offices of an organization (Business Dictionary, 2013).

The structure also clarifies the relations of power and responsibilities that illustrate control and coordination within levels of management (Business Dictionary, 2013).

IMF activities initiated in 1945 and presently, it associates with 185 countries.

The organizational structure of IMF has a governing body that consists of the Board of Governors.

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