Which company structure groups divisions according to specific customer types to enhance responsiveness?

The market structure is specifically designed to group divisions by the types of customers they serve, which enables the organization to enhance responsiveness to the needs and preferences of distinct customer segments. This approach allows for more tailored strategies and offerings that align with the requirements and characteristics of specific groups of customers.

By organizing around market segments, the company can efficiently address customer feedback, adapt to changing demands, and deliver specialized services or products that resonate with different demographic or psychographic profiles. This responsiveness is crucial in a competitive environment where customer expectations are constantly evolving.

In contrast, a geographic structure organizes divisions based on locations, a functional structure focuses on departmental functions (like marketing, finance, etc.), and a product structure centers around specific product lines. While these structures have their advantages, they do not prioritize customer-specific approaches to the same extent as a market structure does.