Organizational Structure

Hershey has a multi-divisional structure. It has several operating divisions, such as Reese's, Hershey's chocolate bars, Twizzlers, etc. Each would have its own division managers and operations. It would enable corporate officers to more accurately watch over the performance of each type of candy. This would allow for a more efficient resource allocation process. Also, it would help to see how high revenues, costs, and profits are for each candy. It would be able to then see if one candy is doing poorly. Then it can be decided Hershey needs to change something to make it work, or if the product should be eliminated.

The company has many organizational controls. Hershey holds ethics very high. To make sure these standards are upheld, the company has corporate governance guidelines that are amended by the board annually, committee charters, and a Code of Ethical Business Conduct. strategic controls, they have Risk Management and Governance committees in place. Any transaction not in the ordinary course of business must be approved before it can follow through. For financial controls Hershey has an Audit committee, a finance and Risk management committee, and a compensation and Executive Organization committee. All members of the these committees are required be independent.