ER Unit 4 Flashcards
Organization Structure
•System of tasks, reporting relationships, and communication channels that link together diverse individuals and groups.
Bureaucracy
• A form of organization based on logic, order, and the
legitimate use of formal authority.
• Formal rules and procedures.
Global Strategies
• Globalization strategy: World is one large market; standardize products and advertising as much as possible, Ethnocentric view
• Multidomestic strategy: Customize products and advertising to local markets as much as possible, Polycentric view.
•Transnational strategy: Balance efficiencies in global operations and responsiveness to local markets, Geocentric view.
formal structures
• The structure of the organization in its official state.
• An organization chart is an example.
An organization chart identifies the following aspects of formal structure, advantages:
• The division of work.
• Supervisory relationships.
• Levels of management.
• Disadvantages
• Multiple communication channels
• Multiple layers of management
green innovation
• The process of turning new/existing products into innovations that reduce the carbon footprint of an organization or its products. minimizes the use of fossil fuels, reduces air pollution, conserves water, or reduces waste
innovation process
• Idea creation.
• Initial experimentation.
• Feasibility determination.
• Final application.
informal structures
• Organization made up of the unofficial, but often critical, working relationships between organization members.
• Potential advantages of informal structures: • teamwork
• Informal learning.
• Potential disadvantages of informal structures:
• Susceptibility to rumor.
• May carry inaccurate information.