Klatts Inc. is a shoe manufacturer with 750 employees. It has four main departments: accounting, HR, production, and marketing. Each department is led by a vice president who reports to the president of the company. The vice presidents are reported to by managers, who are reported to by individual team members. Decisions are made by the president and followed by the different departments. What is most likely the organizational structure at Klatts? 

Decentralized structure

 Divisional structure 

Flat structure 

Functional structure