ENTREPRENEURSHIP

Detailed explanation-1: -Flat (or horizontal) organizational structures have few or no levels of intervening management between staff and managers. This “flattened” hierarchy promotes employee involvement through a decentralized decision-making process.

Detailed explanation-2: -A hierarchical structure has many layers of management, and businesses with this structure often use a ‘top-down’ approach with a long chain of command . In a hierarchical structure, managers will have a narrow span of control and a relatively small number of subordinates (staff).

Detailed explanation-3: -A flat–or horizontal–organization is an organizational structure with decentralized leadership, few or no levels of management, transparency of information, and employees empowered to make decisions. Many business leaders find the concept of a flat organization appealing.

Detailed explanation-4: -The three-level hierarchy shows us how the organizational structure is divided into three main groups: upper, middle, and lower levels. Authority and responsibility flow from top to bottom. Whereas decision-making power works in the same direction, a higher level has higher power.