Chapter 8- Structuring Organizations For Today's Challenges

Question 1

Economies of scale

Answer 1

Companies can reduce their production costs if they can purchase raw materials in bulk. Avg. cost of goods ⬇️ production levels ⬆️

Question 2

Hierarchy

Answer 2

One person 🔝 organization and rankings of responsible(to that person) managers below.

Question 3

Chain of command

Answer 3

Line of authority 🔝 of hierarchy to the 🔚(lowest level)

Question 4

Organization chart

Answer 4

Visual that shows relationships between people and divides the organization work, shows who reports to whom.

Question 5

Bureaucracy

Answer 5

Organization many layers of managers who set rules/regulations and oversee all decisions.

Question 6

Centralized authority

Answer 6

Organization decision making authority is top level of management.

Question 7

Decentralized authority

Answer 7

Organization decision making authority delegated to low level managers familiar with local conditions than headquarters.

Question 8

Span of control

Answer 8

Optimal number of subordinates a manager supervises or should.

Question 9

Tall organization structure

Answer 9

Organizational structure pyramidal chart would be tall bc of the many levels of management.

Question 10

Flat organization structure

Answer 10

Organization structure few layers of management and spread out control.

Question 11

Departmentalization

Answer 11

The dividing of organizational functions into separate units.

Question 12

Line organization

Answer 12

Organization direct 2 way lines responsibility, authority, and communication running from the top to the bottom w ppl only reporting to one supervisor.

Question 13

Line personnel

Answer 13

Employees apart of chain of command, responsible for achieving organizational goals.

Question 14

Staff personnel

Answer 14

Assist line personnel w meeting their goals.

Question 15

Matrix organization

Answer 15

Organization specialists different parts of the organization come together to work on projects but are still line and staff structure.

Question 16

Networking

Answer 16

Communications, technology, etc to link organizations allow them to work together on common objectives.

Question 17

Real time

Answer 17

Present moment(actual time) something takes place.

Question 18

Virtual corporation

Answer 18

Temporary networked made of replaceable firms that join and leave as needed.

Question 19

Benchmarking

Answer 19

Comparing an organizations practices, processes, and products against the worlds best.

Question 20

Core competencies

Answer 20

Functions that the organization can do just as good or better than any other organization in the world.

Question 21

Digital natives

Answer 21

Young people who have grown up using the internet and social networking.

Question 22

Restructing

Answer 22

Redesigning an organization to better serve its customers efficiently and effectively.

Question 23

Inverted organization

Answer 23

Organization has contact people 🔝 chief executive bottom of organization chart.

Question 24

Organizational(corporate) culture

Answer 24

Shared values within an organization provide unity and cooperation for common goals.

Question 25

Formal organization

Answer 25

Structure details lines of responsibility,authority, and position, shown on organization charts.

Question 26

Informal organization

Answer 26

Develops spontaneously as employees meet and form cliques, relationships and lines of authority outside the firms like organization.