Daily Flashcards
organizational chart
the reporting structure and division of labor in an organization
types of information of organizational chart
- clusters of jobs
- titles of work units
- reporting and authority relationships
- managemenet levels
differentiation
is composed of many different units that work on different kinds of tasks, using different skills and work methods
division of labor
means that the worker of the organization is subdivided into smaller tasks
specialization is
a process in which different people or groups perform those smaller parts of the organizations overall work
integration is the
degree to which differentiated work units together and coordinate their efforts
coordination are the procedures that
link the various parts of an organization for the purpose of achieving the organizations overall mission
the vertical structure
authority is the legitimate right to make decisons and to tell other people what to do
hierarchy
the authority levels of the organizational pyramid
corporate governance
role of a corporations executive staff and board of directors in ensuring that the firm’s activities meet the goals of the firms stakeholders
span of control
number of subordinates who report directly to a supervisor
delegation
is the assignment of new or additional responsibilities to a subordinate
responsibility
is the assignment of a task that an employee is supposed to carry out
accountability
is the expectation that employees will perform a job, take corrective action when necessary, and reort upward on the status and quality of their performance