Concept information
Preferred term
regional divisions
Definition
- A regional division is a multinational firm's organizational structure by which the primary division of the firm is by a small number of geographic regions. For example, an insurance firm may be primarily divided into four regional divisions (Americas, Africa/Middle East, Asia/Pacific, Europe), and each of these divisions may then contain various product, market, and country structures. [Source: Encyclopedia of Business in Today's World; Regional Divisions]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/regional_divisions
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