Here are descriptions of the three types of asexual reproduction along with examples:
Budding: A new organism develops from an outgrowth of the parent organism. The new organism then detaches to become an independent organism.
Example: Some species of hydra reproduce through a form of budding called transverse fission. A constriction forms across the body and separates into two individuals.
Regeneration: An organism can regrow one or more body parts to form a new organism.
Example: Planarian flatworms can regenerate an entirely new body from just a small fragment. The fragment will regrow missing body parts and organs to form a new planarian.
Fission: The parent organism literally splits or divides into two or more parts, each of which develops into a new organism.
Example: Bacterial fission occurs as a bacterial cell elongates and then pinches in the middle to form two daughter cells. The two new cells each have a full copy of the genetic material.