Nature of organization

Question 1

It s the process of bringing together
physical, financial, and human
resources and developing a productive
relationship across them for
achievement of your goals.

Answer 1

Organizing

Question 2

It is collection of people
working together under a
division of labor and a
hierarchy of authority to
achieve a common goal.

Answer 2

Organization

Question 3

It involves assigning different tasks to different
people in the organization’s different work units.

Answer 3

Division of Labor

Question 4

When factors of production perform task that they can do more efficiently than others.

Answer 4

Specialization

Question 5

It is the systematic arrangement of human resources in an organization so as to achieve common business objectives.

Answer 5

Organizational Structure

Question 6

Benefits of Organizational Structure

Answer 6

Enhances efficiency and productivity

Swift decision-making possible

Empowers employees

Reduces conflict within an organization

Better communication among members

Question 7

Types of Organization Structure

Answer 7

Hierarchal Structure
Horizontal/Flat Structure
Functional Structure
Divisional Structure
Matrix Structure

Question 8

The pyramid-shaped organizational chart.

It’s the most common type of organizational structure.

The chain of command goes from the top (e.g., the CEO or manager) down (e.g., entry-level and low-level employees), and each employee has a supervisor.

Answer 8

Hierarchal Organizational Structure

Question 9

This is an organizational chart type mostly adopted by small companies and start-ups in their early stage.

It refers to the departmentalization of an organization into smaller work units as tasks become increasingly varied and numerous.

Answer 9

Horizontal/Flat Organizational Structure

Question 10

It creates a fixed set of departments based on certain functions like HR, finance, marketing, production, etc
-allows employees to work for a particular functional role without worrying about the other departments.

Answer 10

Functional Organizational
Structure

Question 11

Divisional types of organizational charts have their own division which corresponds to either products or geographies.

The main advantage of the divisional structure is the independent operational flow, that failure of one company does not threaten the existence of the others.

Answer 11

Divisional Organizational Structure

Question 12

or hybrid organizational structure is a combination of two structures namely, divisional and functional.
There are two chains of command, where project team members have two bosses or managers, a functional manager and a project manager.
It is typically used in large multinational companies.

Answer 12

Matrix Organizational Structure

Question 13

Two Classifications of Theories

Answer 13

Traditional and Modern

Question 14

-pertains to the usual old fashioned ways.

Answer 14

Tradittional

Question 15

refers to contemporary or new design theories.

Answer 15

Modern

Question 16

It has few departments, wide span of control or a big number of subordinates directly reporting to a manager; it has a centralized authority figure and has very little formalization of work

Answer 16

Simple Theory

Question 17

This design groups together similar or related specialties. Generally, functional departmentalization is utilized and put into practice in an entire organization.

Answer 17

Functional Theory

Question 18

This design is made up of separate business divisions or units, where the parent corporation acts as overseer to coordinate and control the different divisions and provide financial and legal support services.

Answer 18

Divisional Theory

Question 19

In this theory, the entire organization is made up of work groups or teams. Its advantages include empowerment of team members and reduced barriers among functional areas.

Answer 19

Team Design

Question 20

It refers to an organization design where specialist from different departments work on projects that are supervised by a project manager.

Answer 20

Matrix Project Design

Question 21

This design is not defined or limited by vertical, horizontal, and external boundaries.
The idea behind this format is to retain only the value-generating and strategic functions in-house, while the rest of the operations are outsourced to many suppliers.

Answer 21

Boundary-Less Design

Question 22

Oragnization Formal and Informal

Answer 22

Organization

Question 23

is a structured group of people that has a defines set of rules, and responsibilities for achieving specific goals or objectives

Ex. Schools, businesses, healthcare, government agencies

Answer 23

Formal Organizations

Question 24

It consists of informal groups born out of the need of social affiliation.
Ex. Sports Club, a group of co-workers, Parent-Teachers Association, Student Council

Answer 24

Informal Organizations

Question 25

Tradition Theories

Answer 25

Simple Theory
Divisional theory
Functional Theory

Question 26

Mpdern Theories

Answer 26

Team Design
Matrix Project Design
Boundery less design