Team-based organizations are structures where employees work collaboratively in groups to achieve common goals. This approach emphasizes teamwork, communication, and shared responsibility, allowing for diverse skills and perspectives to contribute to problem-solving and innovation. In these organizations, teams are often empowered to make decisions and manage their own tasks, fostering a sense of ownership and accountability. This model can enhance flexibility and responsiveness to changes in the market, making it easier for organizations to adapt and thrive in competitive environments.