Organizing

Question 1

Defined as a process made by any business firm to achieve its own goals or objectives smoothly.

Answer 1

Organizing

Question 2

Can be defined as a group of individuals who are interacting with each other and working together to attain certain goals or objectives.

Answer 2

Organization

Question 3

Occurs in large companies when different departments, sections, or branch offices create their own corporate culture within the parent company’s overall structure.

Answer 3

Differentiation

Question 4

Relates to how the different areas of company coordinate their operations.

Answer 4

Integration

Question 5

Types of organization structures

Answer 5

1. Vertical organization
2. Horizontal organization
3. Functional structure
4. Divisional structure
5. Matrix structure

Question 6

Two main classifications of theories regarding organizational design

Answer 6

Traditional and Modern

Question 7

Pertains to the usual or old-fashioned ways.

Answer 7

Traditional

Question 8

Refer to contemporary or new design theories.

Answer 8

Modern

Question 9

Has a few departments, wide spans of control over a big number of subordinates directly reporting to a manager.

Answer 9

Simple organizational design

Question 10

Group together similar or related specialties.

Answer 10

Functional organizational design

Question 11

Made up of separate business units where the parent company acts as an overseeing body that coordinates activities and control functions of various company divisions

Answer 11

Divisional organizational design

Question 12

Made up of workgroups or teams.

Answer 12

Team organizational design

Question 13

Refers to an organization where specialists from different departments work on projects that are supervised by a project manager.

Answer 13

Matrix or project organizational design

Question 14

The design is not defined or limited.

Answer 14

Boundaryless organizational design

Question 15

Vital for the accomplishment of many organizational tasks.

Answer 15

Delegation

Question 16

Steps in delegation

Answer 16

1. Identify the key task.
2. Delegate each task appropriately.
3. Explain each task to your new members.
4. Develop a plan for each task assigned.
5. Monitor the progress.

Question 17

The organizational structure is often created to achieve a systematic working and efficient utilization of resources.

Answer 17

Formal organizational structure

Question 18

Advantages of formal organization

Answer 18

1. Systematic working
2. Achievement of organizational objectives
3. No overlapping of work
4. Coordination
5. Creation of chain of command
6. More emphasis on work

Question 19

Disadvantages of formal organization

Answer 19

1. Delay in action
2. Ignores social needs of employees
3. Emphasis on work only

Question 20

The individuals interact with each other and develop some social and friendly groups in the organization. This network of social and friendly groups forms another structure in the organization.

Answer 20

Informal organization

Question 21

Advantages of information organization

Answer 21

1. Fast communication
2. Fulfills social needs
3. Correct feedback
4. Strategic use of informal organization

Question 22

Disadvantages of informal organization

Answer 22

1. Spread rumors
2. No systematic working
3. May bring negative results
4. More emphasis on individual interest

Question 23

Forms of business organizations

Answer 23

1. Sole proprietorship
2. Partnership
3. Corporation
4. Cooperative

Question 24

The simplest business form.

Answer 24

Sole proprietorship

Question 25

also known as co-op is a type of organization that is both owned and controlled by its members who also happens to use services and products of the cooperative.

Answer 25

Cooperative

Question 26

Where a separate body consisting of at least 5 individuals is treated by law as a unit.

Answer 26

Corporation

Question 27

Where an association of two or more persons carry on as co-workers of a business profit.

Answer 27

Partnership