MANAGEMENT

Detailed explanation-1: -A centralised structure is where business decisions are made at the top of the business or in a head office and distributed down the chain of command .

Detailed explanation-2: -Centralised organisations are where most decisions are taken by senior managers and then passed down the organisational hierarchy . This structure relies on having strong and competent managers.

Detailed explanation-3: -The four types of organizational structures are functional, multi-divisional, flat, and matrix structures. Others include circular, team-based, and network structures.

Detailed explanation-4: -Businesses that have a centralised structure keep decision-making firmly at the top of the hierarchy (among the most senior management). Fast-food businesses like Burger King, Pizza Hut and McDonald’s use a predominantly centralised structure to ensure that control is maintained over their many thousands of outlets.

Detailed explanation-5: -In centralized organizations, strategic planning, goal setting, budgeting, and talent deployment are typically conducted by a single, senior leader or leadership team. In contrast, in decentralized organizations, formal decision-making power is distributed across multiple individuals or teams.