Unit 3 Outcome 2 Flashcards
Management structure
Is a term used to describe the ways in which parts of an organisation are formally arranged to achieve objectives.
Management hierarchy
Is an arrangement showing increasing authority as you move up the ranks.
A chain of command or line authority
Is a system that determines responsibility, supervision and accountability of members of the organisation.
Unity of command
The principle of unity of command states that each employee within an organisation should report to only one supervisor.
Span of control
Refers to the number of people for whom a manager is directly responsible.
Functional structure
Involves grouping employees together according to the tasks they will perform (task structure).
Divisional structure
A divisional structure groups employees together according to divisions that may be geographical, or customer, product or process focused.
Matrix structure
The matrix structure involves bringing together specialists from different parts of the organisation to solve specific problems or to undertake specific projects in teams.
Corporate culture
Refers to the values, ideas, expectations and beliefs shared by members of the organisation.
Planning
Planning is the process of setting objectives and deciding on the methods to achieve them.
Strategic planning
Strategic planning is long-term planning, usually over three to five years.
Tactical planning
Tactical planning is flexible, adaptable, medium-term planning, usually over one to two years, which assists in implementing the strategic plan.
Operational planning
Operational planning provides specific details about the way in which the organisation will operate in the short term. (Daily/Weekly)
SWOT analysis
A SWOT analysis involves the identification and analysis of the internal strengths and weaknesses of the organisation, and the opportunities in, and threats from, the external environment.
Organising
Organising is the process of arranging resources and tasks to achieve objectives.
Leading
Leading is the process of influencing or motivating people to work towards the achievement of the organisation’s objectives.
Controlling
Controlling is the process of evaluating performance and taking corrective action to ensure that the set objectives are being achieved.