This assignment must be completed in teams of no less than three people but a maximum of five team members is acceptable.Fairfax Financial Holdings Limited (Ticker Symbol: FFH) is a Toronto-based financial services holding company whose CEO is PremWatsa. You must provide references for your research.Is FFH centralized or decentralized? Provide evidence to support your answer. Based on your answer to Question 1, is there a narrow or wide span of control at the holding company? Explain why with evidence to support your answer. Does FFH employ a functional, divisional, or matrix structure? Explain your answer and provide evidence to support it. How would you describe the culture at FFH? Hint: This requires research. Consider the four ways of maintaining/perpetuating organizational culture. Identify one of these that you believe FFH uses and provide evidence to support your answer.Your responses should be in formal sentence/paragraph structure with correct spelling and grammar. Point form responses are not acceptable. Assignments are graded on quality, not length.