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A hierarchical organization or hierarchical organisation (see spelling differences) is an organizational structure where every entity in the organization, except one, is subordinate to a single other entity. [1] This arrangement is a form of hierarchy.
A flat hierarchy (also known for companies as flat organization) is a branching hierarchy in which the maximum degree approaches infinity, i.e., that has a wide span. [3] Most often, systems intuitively regarded as hierarchical have at most a moderate span. Therefore, a flat hierarchy is often not viewed as a hierarchy at all.
An economic system, or economic order, [1] is a system of production, resource allocation and distribution of goods and services within a society. It includes the combination of the various institutions , agencies, entities, decision-making processes, and patterns of consumption that comprise the economic structure of a given community.
A functional organizational structure is a structure that consists of activities such as coordination, supervision and task allocation. The organizational structure determines how the organization performs or operates. The term "organizational structure" refers to how the people in an organization are grouped and to whom they report.
Organizational economics is primarily concerned with the obstacles to coordination of activities inside and between organizations (firms, alliances, institutions, and market as a whole). Organizational economics is known for its contribution to and its use of:
Complexity economics is the application of complexity science to the ... Cross-cutting hierarchical organization—The economy has many levels of organization and ...
“These hierarchical structures that typify a lot of large organizations around the world will ultimately be replaced with structures that will be far more agile, where there'll be far more ...
Strictly quantitative economic variables are more useful to describing social stratification than explaining how social stratification is constituted or maintained. Income is the most common variable used to describe stratification and associated economic inequality in a society. [ 9 ]