MANAGEMENT

Detailed explanation-1: -A pyramid organizational structure functions following the shape it’s named for, with one leader at the top, a small executive leadership team below, and tiers of managers leading down to the bottom team of employees. Each tier of managers manages the tier below, which distributes the responsibility more evenly.

Detailed explanation-2: -A management pyramid, also called a hierarchical structure, is an organizational structure where there is one leader on top with increasingly larger tiers of management teams below them. You can envision the structure of these kinds of organizations to resemble the shape of a pyramid.

Detailed explanation-3: -A pyramid hierarchy is more centralized, with one person at the top and multiple people on the lower levels. Think of corporate giant CISCO, a typical pyramid, versus a mid-size dry cleaning business, with the owner at the top and one person on each rung below, down to the entry-level cashier.

Detailed explanation-4: -These three main levels of managers form a hierarchy, in which they are ranked in order of importance. In most organizations, the number of manag-ers at each level is such that the hierarchy resembles a pyramid, with many more first-level managers, fewer middle managers, and the fewest managers at the top level.