Strategic Management Accounting Essay Example | Topics and Well Written Essays - 2250 words - 1

Strategic Management Accounting - Essay Example operator of the largest civilian fleet of the world and accordingly employs more than 6, 26,764 staffs in order to ensure successful running of the widely dispersed network (Crew and Brennan, 2015). The paper will explore the organizational structure, different constituents of product and capital markets for the purpose of understanding interaction between both the markets. The main reason behind USPS to maintain their long established and well maintained postal services is the steady internal structure of the organization. The present structure of the organization is designed in such a manner that ensures coordination and conformation of three distinct organizational responsibilities such as: formulating strategic directions, coordinating and carrying out routine operations and providing necessary support for managing other internal functions (Carbaugh and Tenerelli, 2011). The headquarters are delegated to fundamental responsibilities such as strategy determination and formulation of organizational objectives. For monitoring and controlling the daily operations, the organization has assigned Chief Operating Officers (COO) (Baligh, 2006). However, among all such units, decision making and delegation of responsibilities are maintained by the departments residing in the headquarters. This shows a relatively bureaucratic organizational structure. As a result of operating since 1970s, evolution of multiple cross functional departments further complicated the systems of the organization. Therefore, the organizational structure of USPS may be transformed into a functional structure where individual departments will be able to make decisions in order to speed up the pace of service (Carbaugh and Tenerelli, 2011). Such organizational structure will contribute towards minimizing the complexities among departments and accelerating the postal services in the United States (Baligh, 2006). Considering products and services provided by the United States Postal Service, the