Divisional Structure is based on __________.

Product Lines

The correct answer is option (1) : Product Lines

A divisional structure, also known as a divisional organizational structure, is a type of organizational design in which a company is organized into separate divisions or units, often based on different products, services, geographic regions, or markets.

Each division operates as a semi-autonomous entity, with its own set of functions, such as production, marketing, and s ales, and may have its own management team responsible for decision-making within that division.