MANAGEMENT

Detailed explanation-1: -Simple structures are flexible and inexpensive, but are often only effective in small organizations.

Detailed explanation-2: -The functional reporting structure is one of the most common types of org structures. It groups employees together based on their function, or role, within the organization. For instance, the sales team works in one department, the IT team in another and the finance team works in a third group.

Detailed explanation-3: -The functional or centralized type structure is most widely used because it the cheapest & simplest among all other alternative organizational structures.

Detailed explanation-4: -Simple structure is a basic organizational design structure with low departmentalization, little work specialization, wide spans of control, centralized authority (typically the owner has most of the power) and little formalization or rules that govern operation.