BUISENESS MANAGEMENT
BUSINESS STRUCTURE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Decentralization
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Chain of Command
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Span of Control
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Formalization
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Detailed explanation-1: -A chain of command structure typically consists of three distinct levels: top-level management (CEO, COO), middle-level management (director-level positions) and front-line staff (those who interact with customers and carry out day-to-day operations).
Detailed explanation-2: -The chain of command in a company refers to the different levels of command within the organization. It starts with the top position such as CEO or the business owner, all the way down to the front-line workers.
Detailed explanation-3: -Chain of Command-the continuous line of authority that extends from upper levels of an organization to the lowest levels of the organization-clarifies who reports to whom.
Detailed explanation-4: -The four types of organizational structures are functional, multi-divisional, flat, and matrix structures.