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Only Buziness
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Types of Management Structures Management structures define how authority and responsibilities are distributed within an organization. Here are the key types: 1. Hierarchical Structure A top-down model with clear authority and accountability, ideal for large organizations but can be slow in decision-making. 2. Flat Structure Minimal middle management promotes direct communication and quick decisions but may lack oversight. 3. Matrix Structure Employees report to multiple managers (functional and project-based), enhancing flexibility but sometimes leading to role conflicts. 4. Divisional Structure Companies are divided into self-contained units based on product lines or geography, ensuring quick decision-making. 5. Holacratic Structure A decentralized model where teams manage themselves, fostering creativity and innovation but requiring strong collaboration. From Only buziness Follow for more
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