What a Network Is Not: A network is a distinct form of social organization. It is not an organization, which relies on top-down authority to get things done. Think of the typical organization’s “chain of delegation”—the board of directors delegates some of its authority to the CEO, executive director, or president, who further delegates authority to the next management level down, and so on until you reach the level at the bottom.
Nor is a network a market, which depends on many individuals making buy-sell transactions; these consumers may have no connection at all with each other.
Curiously, though, a network may contain some elements of both of these other forms of organization—and these forms contain network structures.