Chapter 10 Flashcards
Multidivisional or divisional organizational structure
is a decentralized structure consisting of a set of operating divisions organized along market, customer, product or geographic line along with a central corporate headquarters which monitors divisional activities, allocates resources and exercises overall control
Matrix organizational structure
a matrix structure is a combination structure that overlays one type of structure onto another type with multiple reporting relationships. It is used to foster cross-unit collaboration. Matrix structures are also called composite structure or combinations structures.
Network structure:
the arrangement linking a number of independent organization involved in some common undertaking
Corporate culture
is a company’s internal work climate and is shaped by its core values beliefs and business principles. A company’s culture is important because it influences its traditions, work practices, and style of operating
Adaptive cultures:
characterized by a willingness on the part of the organizational members to accept change and take on the challenge of introducing executing new strategies