MANAGEMENT

Detailed explanation-1: -A team structure is a decentralized but formal structure that allows department heads to collaborate with employees from other departments as needed.

Detailed explanation-2: -The four types of organizational structures are functional, multi-divisional, flat, and matrix structures. Others include circular, team-based, and network structures.

Detailed explanation-3: -What Is a Decentralized Organizational Structure? A decentralized organizational structure is one that tasks department heads and project managers with key decision-making responsibilities, thus freeing top management and business owners to focus on strategic planning and big picture decisions.

Detailed explanation-4: -Decentralized decision-making is any process where the decision-making authority is distributed throughout a larger group. It also connotes a higher authority given to lower level functionaries, executives, and workers. This can be in any organization of any size, from a governmental authority to a corporation.

Detailed explanation-5: -What is a decentralized organization? Decentralization in business is when daily operations and decision-making power are delegated by top management to middle-and lower-level managers-and sometimes even team members.