Entrep

Top Management

Includes CEO, President, and COO; responsible for making long-range plans, establishing policies, and representing the company.

Middle Management

Comprises administrative managers and department managers responsible for implementing goals and making decisions for their teams.

Supervisory Management

Includes supervisors and officers who oversee all workers and implement plans on a day-to-day basis.

Vertical Structure

The most common business model characterized by a clear chain of command and different levels of authority.

Horizontal Structure

A departmentalization model with fewer layers of management between the CEO and frontline management, promoting flexibility.

Functional Approach

A horizontal departmentalization based on specialized activities like marketing, finance, and management.

Divisional Approach

A structure based on management of productions, customers, or regions, exemplified by Disney's various business units.

Matrix Structure

A hybrid form of departmentalization where managers and staff report to two superiors, typically a functional and a divisional manager.

Network Structure

A decentralized model of independent organizations working together to produce a product or service, often seen in start-ups.

Organizational Structure

A system that outlines the tasks, relationships, and communication patterns within an organization.