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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
Business enthusiasti... • 5m
Understanding Authority Authority is the power to guide or influence others. It’s about trust, credibility, and leadership. Types of Authority 1. Positional:-Based on your role. Excel, delegate well, and lead with empathy. 2. Expert:-Rooted in sk
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Seeking a reliable school fee management or ERP software to automate fee collection, track payments, and generate reports. Must have features like customizable fee structures, online payment gateways, and real-time updates for efficient financial man
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I am about to graduate BBA next year I am totally confused about what's next? My brother want me to go in computer field but i am very passionate about cooking and I want to go in the field of hotel management but I am scared to talk to him about me
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