An organizational structure that is based on specific customer segments, such as the banking, health care, or manufacturing segments, is using:

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Market-based grouping is when an organizational structure is based on specific customer segments. This allows for a focus on the needs and preferences of those specific segments, resulting in better customer service and product offerings. Geographical grouping is based on geographic regions, functional grouping is based on specific tasks or functions, and product line grouping is based on specific product lines or categories.

An Organizational Structure That Is Based on Specific Customer Segments