1.9. Company Structure Flashcards
1
Q
Pyramidal structure
A
- traditional structure
- organized in hierarchiacal way
- very structured
- long chain of command
2
Q
Chain of command
A
- line of authority and responsibility
- order ranking from high to low
3
Q
Functional structure
A
- helps if its harder to run a company in a single line of command
4
Q
Flat structure
A
- companies more prefer
- more horizontal organization
- less but fewer layers
- shorter chain of command
5
Q
Matrix structure
A
- used more for projects
- employees from different departments participate in a projest
- report to a project manager
- at the same time stay in their original positions
6
Q
The managemen board
A
“Uprava”
- one or more persons
- it controls all the activities of the company
- responsible for shareholders
7
Q
The chairperson/president
A
“Predsjednik”
- on top
8
Q
The supervisory board
A
“Nadzorni odbor”
- a company’s body
- consists of a company’s managers and non-executive directors who are not the managers but come from other companies
- experts in particular area of business
- responsible to supervise the general course of business and advise the management board
9
Q
Board of directions
A
“Upravni odbor”
- run by the president/chairperson
- joint-stock companies in which are
management board & supervisory board
10
Q
The general assembly
A
“Glavna skupština”
- the represenatives of shareholders
- their jobs:
elects the memebers of management board,
analyses the financial reports,
makes strategic decisions
11
Q
Executive directors
A
“Izvršni direktori”
- a person responsible for the day-to-day activities of the company
- members of the management board and board of directions
