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BUSN-1010 Conroy 8
Chapter 8
| Question | Answer |
|---|---|
| Accountability | Managers must report and justify work results to managers above them. |
| Authority | The rights inherent in a managerial position to make decisions, give orders, and utilize resources. |
| Conglomerate | A large company that is doing business in different, quite unrelated areas. |
| Corporate Culture (aka Organizational culture) | The shared beliefs and values that develop within an organization and guide the behavior of its members. |
| Delegation | The process of assigning managerial authority and and responsibility to managers and employees lower in the hierarchy. |
| Departmentalization | The dividing up of an organization into smaller units, or departments, to facilitate management. |
| Line Managers | Employees who have authority to make decisions and usually have people reporting to them. |
| Matrix Structure | Combines, in grid form, the functional chain of command and the divisional chain of command--usually product--so that there is a vertical command structure and a horizontal command structure. |
| Span of Control | Refers to the number of people reporting directly to a given manager. |
| Staff Personnel | Employees who have advisory functions; they provide advice, recommendations, and research to line managers. |
| Team | A small group of people with complementary skills who are committed to common performance goals and approach for which they hold themselves mutually accountable. |
Created by:
chuck2983
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