Corporate Business Structure is the way in which a corporation conducts its operations, defines its internal hierarchy and relates to external stakeholders. It can range from a traditional hierarchical structure with a board of directors at the top to a more modern system based on collaborative decision-making that involves all employees. The structure should be tailored to the company’s goals, vision and culture while ensuring compliance with relevant laws and regulations. As such, it’s important to carefully consider every element when creating an effective corporate structure.