ORGMA SKUMA 4-26-2023 Flashcards
It s the process of bringing together
physical, financial, and human
resources and developing a productive
relationship across them for
achievement of your goals.
Organizing
It is collection of people working together under a division of labor and a hierarchy of authority to achieve a common goal.
Organization
It involves assigning different tasks to different people in the organization’s different work units.
Division of Labor
When factors of production perform task that they can do more efficiently than others.
Specialization
It is the systematic arrangement of human resources in an organization so as to achieve common business objectives.
Organizational Structure
Benefits of Organizational Structure
Enhances efficiency and productivity
Swift decision-making possible
Empowers employees
Reduces conflict within an organization
Better communication among members
Types of Organization Structure
Hierarchal Structure
Horizontal/Flat Structure
Functional Structure
Divisional Structure
Matrix Structure
The pyramid-shaped organizational chart.
Hierarchal Organizational Structure
It’s the most common type of organizational structure.
Hierarchal 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.
Hierarchal Organizational Structure
This is an organizational chart type mostly adopted by small companies and start-ups in their early stage.
Horizontal/ Flat Organizational Structure
It refers to the departmentalization of an organization into smaller work units as tasks become increasingly varied and numerous.
Horizontal/ Flat Organizational Structure
It creates a fixed set of departments based on certain functions like HR, finance, marketing, production, etc.
Functional Organizational Structure
Allows employees to work for a particular functional role without worrying about the other departments.
Functional Organizational Structure
have their own division which corresponds to either products or geographies.
Divisional Organizational Structure