Business organisation Flashcards
What is an organisational chart?
Diagram or chart showing how business employees and relationships are organised or structured
What is a span of control?
Number of people each manager has under his or her control
Define subordinates
The people working underneath a manager who he is in charge of
Define delegation
Authority or power being passed on
Define authority
The power or right someone has within an organisation to make decisions
Define budgets
Financial limits set on processes, products etc.
What is motivation?
Keeping people happy and wanting to work
What is reprographic?
Photocopying and similar jobs
Define internal growth
Growth from within the business (also called organic growth)
Define external growth
Growth by combining with other business
Define economies for scale
Cost benefits from growth
Define computerisation
When processes are controlled by computers rather than people
What does the term ‘bricks and clicks’ mean?
A combined high street and internal retail operation
Define networking
Meeting with other people and sharing ideas and experiences
Define media
All the ways by which messages can be passed on, usually referring to either journalism or advertising