Usually means: Organizing company functions into divisions.
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We found 4 dictionaries that define the word departmentalisation:

General (4 matching dictionaries)
  1. departmentalisation: Collins English Dictionary
  2. departmentalisation: Wiktionary
  3. Departmentalisation: Wikipedia, the Free Encyclopedia
  4. departmentalisation: TheFreeDictionary.com

Definitions from Wiktionary (Departmentalisation)

noun:  Alternative spelling of departmentalization [The organization of something into departments according to function, geographic location etc.]

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