BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -What is management? A hierarchical, up-and-down structure in which the tasks and responsibilities of each level are clearly defined. Those who make decisions that affect the whole company.

Detailed explanation-2: -A hierarchical structure is typical for larger businesses and organisations. It relies on having different levels of authority with a chain of command connecting multiple management levels within the organisation. The decision-making process is typically formal and flows from the top down.

Detailed explanation-3: -Vertical structures have clearly defined roles with specific responsibilities for each person, reducing the level of employee autonomy. Horizontal structures have less structure, often providing employees with equal opportunities. However, this may result in a lack of guidance or lead to internal conflict.

Detailed explanation-4: -In a vertical organization, your business has a pyramidal top-down structure, with a CEO, president or owner at the top, a middle section of managers and supervisors, and a bottom section of regular employees.

Detailed explanation-5: -The vertical organizational structure is a strict hierarchical structure with power emanating from the top to the bottom. With a chain of command well defined, decisions usually move from the top down through layer by layer, and people at the bottom have the least autonomy.