MANAGEMENT

Detailed explanation-1: -This enables employees to make decisions quickly and independently. Thus a well-trained workforce can be more productive by directly getting involved in the decision-making process. This works well for small companies because work and effort in a small company are relatively transparent.

Detailed explanation-2: -A functional organizational structure is the easiest and the most natural solution for your small business. Although there are other structures like divisional structure or matrix structure, a functional structure is the easiest and the most natural organizational structure to start with for your small business.

Detailed explanation-3: -It is called a flatarchy because it is a hybrid of a hierarchy and a flat organization. This type of organizational structure is used more by smaller companies since they have fewer employees, though it can be used in companies of all sizes.

Detailed explanation-4: -A horizontal organizational structure is one that has only a few layers of management. Managers have a wider span of control with more subordinates in a flat structure, and there is usually a short chain of command.

Detailed explanation-5: -The four types of organizational structures are functional, multi-divisional, flat, and matrix structures. Others include circular, team-based, and network structures.