WordPress implementation for multiple site in single Linux Server on DMZ

Hi All,

I’m planning to install WordPress on Linux system for my company website, does this scenario works with WordPress ?

Single WordPress install but can have multiple domain eg:

http://www.team1.com
http://www.team1.com/product2
http://www.team1.com/product3
http://www.team2.com
http://www.team2.com/product2
.
.
.etc

do i need to perform multiple install of WordPress or Apache can do it for me ?
any kind of help and assistance in setting up WordPress for hosting the website in the DMZ would be greatly appreciated.

Thanks.