BUISENESS MANAGEMENT
BUSINESS STRUCTURE
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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True
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False
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Either A or B
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None of the above
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Detailed explanation-1: -In line organization, authority flows from the top to the bottom. It is also known as the chain of command or scalar principle. In this article, we will talk about a line organization.
Detailed explanation-2: -Summary. The top-down approach to management is when company-wide decisions are made solely by leadership at the top, while the bottom-up approach gives all teams a voice in these types of decisions.
Detailed explanation-3: -A functional, top-down organizational chart reflects a traditional business structure. This structure shows the C-Suite at the top, followed by other senior management, middle managers, and so on.
Detailed explanation-4: -An organizational chart graphically represents an organization’s structure, highlighting the different jobs, departments, and responsibilities that connect the company’s employees to each other and to the management team.