MANAGEMENT

Detailed explanation-1: -Functional structure. Divisional structure (also known as multidivisional structure) Flatarchy structure (also known as horizontal, or flat, structure)

Detailed explanation-2: -As you might have guessed by now, there exist two types of organisation: Formal Organisation. Informal Organisation.

Detailed explanation-3: -In centralized organizations, strategic planning, goal setting, budgeting, and talent deployment are typically conducted by a single, senior leader or leadership team. In contrast, in decentralized organizations, formal decision-making power is distributed across multiple individuals or teams.

Detailed explanation-4: -Decentralised organisations assign decision-making to lower-level management and even individual teams, giving them the autonomy to take the necessary actions. The top tier of the organisation retains a small span of control for making major, organisation-wide decisions.