which of the following best describe organizational structure?
Each employee knows that he or she has authority and responsibility for a distinct set of tasks. e. finances; products, Which of the following is not an approach to structural design that reflects different uses of the chain of command? Large corporations might not survive and adapt fast enough. a. While it sounds appealing in theory, it might be hard to implement. However, the organizational structure can be complex, so it can cause confusion about accountability and communication, especially among new employees. Unity of command and the scalar principle are both closely related to the: The Ste. a. d. Functional However, at the level of the bottler, once operations are established, Coca-Cola leaves them independent to run the business. Based on the parameters and preferences the organization will take into account, it will also get shaped by these. Relative to a flat organizational structure, a tall structure has a _____ span of management and _____ hierarchical levels. Juan is a _____. c. easy pinpointing of responsibility for product problems. c. Process approach There are several types of organizational structures commonly used by companies, nine of which we expand upon below. Concern for customers' needs is high. B A new scientific process is mentioned and pros and cons of the process are discussed. Planning b. Resource availability d. seven Lorem ipsum dolor sit amet, consectetur adipiscing elit. C Which of the following statements best describes what Cooperization is? Typically organizational structure can be categorized based on several parameters and priorities. Which of the following best describes the organization of the passage? How does a companys organizational structure impact project management? Organizational structures differ in terms of departmentalization, which is broadly categorized as either functional or divisional. The Leading Source of Insights On Business Model Strategy & Tech Business Models. Mountain Peak can be said to have: With the traditional structure, simplicity is the primary distinguishing feature. Indeed, as startups become established organizations, they might need to become way more structured as they have to tackle much broader engineering, administrative, legal, marketing, and sales problems. Many companies use the traditional model of a centralized organizational structure. Middle manager It also establishes clear expectations and has a well-defined chain of command. a. Vertically \end{array} a. virtual network b. Organization B with three hierarchical levels According to MANAGER'S SHOPTALK in Chapter 10, all of the following are effective ways for a manager to delegate EXCEPT: How job tasks are divided and coordinated \text{Cash from Financing Activities} & (5.2) & (5.2) & 68.1 & 20.1 & (5.6)\\ \text{Gross Profit} & 209.8 & 186.2 & 222.5 & 265.3 & 306.8\\ e. Individuals are born with this power. Change management A board of directors has been invaluable in helping keep the coalition financially viable. Direction and communication start with the head of the company (in this example, the company is led by the chief executive officer). Organizational structure, product, and business model are critical to enabling a company to scale up. \text{EBIT} & 55.5 & 38.4 & 46.7 & 55.2 & 65.8\\ Narrow \text{Cash} & 49.4 & 68.0 & 91.7 & 80.4 & 83.6\\ IncomestatementRevenueCostofGoodsSoldGrossProfitSalesandMarketingAdministrationDepreciation&AmortizationEBITInterestIncome(Expense)PretaxIncomeIncomeTaxNetIncomeSharesoutstanding(millions)EarningspershareBalanceSheetAssetsCashAccountsReceivableInventoryTotalCurrentAssetsNetProperty,Plant&Equip.Goodwill&IntangiblesTotalAssetsLiabilities&StockholdersEquityAccountsPayableAccruedCompensationTotalCurrentLiabilitiesLong-termDebtTotalLiabilitiesStockholdersEquityTotalLiabilities&StockholdersEquityStatementofCashFlowsNetIncomeDepreciation&AmortizationChg. She earned her J.D. d. A horizontal structure Why should project managers learn about organizational culture? It affects the project manager's level of authority and their ability to make decisions that impact the larger organization. Your team is selected to implement a key project for your company's Office of Procurement. Change management, Question 1 This kind of organization allows employees to specialize at best in specific functions. d. the power imbalance that can result between the sides of the matrix. b. decentralization. Which of the following typically is NOT considered a staff department? a. Gennaro is the creator of FourWeekMBA, which reached about four million business people, comprising C-level executives, investors, analysts, product managers, and aspiring digital entrepreneurs in 2022 alone | He is also Director of Sales for a high-tech scaleup in the AI Industry | In 2012, Gennaro earned an International MBA with emphasis on Corporate Finance and Business Strategy. Nam lacinia pulvinar tortor nec facilisis. Fill in the blank: A cost-benefit analysis weighs the potential value of a project against money, resources, and _____. Virtual network approach Functional Organizational Structure One of the most common types of organizational structures, the functional structure departmentalizes an organization based on common job functions. MGMT 490 CH 10 exam 2 Flashcards | Quizlet The best structure for any organization will depend upon who its members are, what the setting is, and how far the organization has come in its development. e. All of these. \text{Accounts Payable} & 18.8 & 18.8 & 22.4 & 27.1 & 30.3\\ c. differentiation e. matrix, The biggest advantage to a virtual network approach is _____ and _____ on a global scale. Other types of organizational structure might also be based on several factors. Which of the following best describe organizational structure? b. planning c. A divisional structure 7.3 Organizational Structure - Principles of Management The organization is in later stages of development, Prior member experience in working together, Member motivation to be part of the organization, Number of organization tasks or issues (broadness of purpose), There is no particular urgency to take action now, There is strong urgency to take action now, Often, one person will take the place of the coordinating council, or may serve as its head. a. responsibility \underline{\text{Interest Income (Expense)}} & (32.4) & (31.8) & (32.0) & (37.0) & (40.9)\\ After narrowing down the options, create a visual that represents the structures the company is considering. Your company is restructuring and you have been chosen to manage a key project. Question 10 a. functional An organizational structure is literally a chart or diagram that depicts the logistical organization of a company. 1 point Structural development can occur in proportion to other work the organization is doing, so that it does not crowd out that work. Although they both work on the assembly line, they have the authority to make many decisions about their job. A company's structure, hierarchy, and goals e. An ad hoc committee. What steps should you take? There is one role at the top of the pyramid and the chain of command moves down, with each level decreasing in responsibilities and authority. \text{Sales and Marketing} & (65.0) & (64.4) & (84.3) & (104.9) & (121.1)\\ e. defensive, A pure functional structure is most appropriate for achieving: The matrix organizational structure described below is an example of a flat structure. inPayables&AccruedComp.CashfromOperationsCapitalExpendituresCashfromInvestingActivitiesDividendsPaidSale(orpurchase)ofstockDebtIssuance(PayDown)CashfromFinancingActivitiesChangeinCashMydecoStockPrice2012401.9(192.1)209.8(65.0)(61.8)(27.5)55.5(32.4)23.1(8.1)15.056.8$0.26201249.487.633.5170.5244.3365.5780.318.87.626.4498.9525.3255.0780.3201215.027.53.9(2.9)1.745.2(26.6)(26.6)(5.2)(5.2)13.4$7.022013361.6(175.4)186.2(64.4)(57.1)(26.3)38.4(31.8)6.6(2.3)4.356.8$0.08201368.070.632.2170.8243.3365.5779.618.86.325.1498.9524255.6779.620134.326.317.01.3(1.3)47.6(23.8)(23.8)(5.2)(5.2)18.6$3.552014429.6(207.1)222.5(84.3)(59.0)(32.5)46.7(32.0)14.7(5.1)9.656.8$0.17201491.769.327.3188.3306.1365.5859.922.47.529.9572.2602.1257.8859.920149.632.51.34.94.853.1(97.5)(97.5)(5.2)73.368.123.7$5.862015513.6(248.3)265.3(104.9)(66.9)(38.3)55.2(37.0)18.2(6.4)11.856.8$0.21201580.477.430.2188.0349.6365.5903.127.17.734.8597.5632.3270.8903.1201511.838.3(8.1)(2.9)4.944.0(75.4)(75.4)(5.2)25.320.1(11.3)$8.332016602.6(295.8)306.8(121.1)(79.8)(40.1)65.8(40.9)24.9(8.7)16.256.8$0.29201683.684.235.8203.6347.9365.5917.030.39.439.7597.5637.2279.8917.0201616.240.1(6.8)(5.6)4.948.8(40.0)(40.0)(5.6)(5.6)3.2$11.57.
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