We suggest investors consider buying into this IPO. 1  Great Western Bancorp, Inc. (NYSE: GWB), a regional full-service bank holding company that focuses on agribusiness banking and relationship-based banking, plans to its upcoming IPO for this Wednesday. The Sioux Falls, South Dakota company will offer 16,000,000 shares at an expected price range of $21 to $24.
Functional Structure. Functional structure is set up so that each portion of the organization is grouped according to its purpose. In this type of organization, for example, there may be a marketing department, a sales department and a production department.rganizations are set up in specific ways to accomplish different goals, and the structure of an organization can help or hinder its progress toward accomplishing these goals.
Functional organizational structure is best for smaller companies or those that focus on a single product or service. Not designed to change quickly, functional structure works well in a stable environment where your business strategies are less inclined to need changes or updating.he goal of functional structure is to put all the human and informational resources necessary for a single activity in one place. This maximizes performance by facilitating âsharing of valuable expertise by superiors with their subordinates,â reports Practical Management.