2.2 Organisation And Management Flashcards

0
Q

What is span of control

A

The number of people a manager is directly responsible for

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1
Q

What is delegation

A

The passing of responsibility to a subordinate
It helps workers to become empowered
Managers who delegate have a wide span of control

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2
Q

Describe flattening the organization

A

Shorten the chain of command, empower worker and remove layers of hierarchy
Become less hierarchical
Worker may feel important and motivated and the business save on costs and become more efficient

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3
Q

What is the functions of manager

A

To make plans
Co-ordinate plans and tasks
Organize the way in which tasks are carried out
Direct and lead staff
Produce reports and get ppl to carry out the required task
Identify problems and sort them out

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4
Q

Describe the AGM Annual general meeting

A

Meet once a year
Shareholders have the power to emote the board of director
Vote to replace
Shareholders have the choice to question the decision made by the BOD
They can got out the director or the entire board
The BOD report to the shareholders on the financial performance of the business over the past years

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