This is a true statement in the cooperative form is an M-form structure whereby horizontal integration is used to bring about interdivisional cooperation.
The M-form (multidivisional) structure is a type of enterprise structure where the operating authority is assigned to divisions organized along with products or geographic lines. The organized divisions are designated as profit centers; that is, divisions are expected to optimize their profits. It can be stated as in the M-form structure, an organization is separated into multiple semi-autonomous units which are guided and controlled by financial targets from the center.
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