MANAGEMENT

Detailed explanation-1: -Functional Organizational Structure Functional organizational structure is the most common organization structure companies use. This popular model groups people into teams and departments based on specific functions.

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: -A functional organizational structure is a structure used to organize workers. They are grouped based on their specific skills and knowledge. It vertically structures each department with roles from the president to finance and sales departments, to customer service, to employees assigned to one product or service.

Detailed explanation-4: -Team-based organizational structures are made of teams working towards a common goal while working on their individual tasks. They are less hierarchical and they have flexible structures that reinforce problem-solving, decision-making, and teamwork.