A divisional structure is an organizational framework where a company is divided into semi-autonomous units or divisions. Each division operates independently and is responsible for its own resources, products, and performance. This structure allows for greater flexibility and quicker decision-making, as divisions can respond to market changes without needing approval from a central authority. Divisions can be organized by various criteria, such as product lines, geographic regions, or customer segments. For example, a company like Procter & Gamble may have separate divisions for beauty products, healthcare, and household goods. This specialization helps divisions focus on their specific markets and improve overall efficiency.