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.
Common organizational designs include simple structure, the bureaucracy, and the matrix structure. Simple structures, characterized by a low degree of departmentalization, wide spans of control, authority centralized in a single person, and little formalization are typically used in small businesses.The simple structure is fast, flexible, and inexpensive to maintain and accountability is clear.rganizational structure defines how job tasks are formally divided, grouped, and coordinated. Work specialization, departmentalization, chain of command, span of control, centralization and decentralization, and formalization are components which determine organizational structure.