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ORGANIZATIONAL STRUC
BE
| Term | Definition |
|---|---|
| organizational structure | the way a company arranges its management and departments to achieve its goals |
| hierarchy | a system where people or things are ranked according to levels of importance or authority |
| functional structure | an organization where departments are organized by functions such as hr, finance, and marketing |
| divisional structure | an organization where departments are organized by products, services, or geographic regions |
| matrix structure | an organization that combines functional and divisional structures, with employees reporting to multiple managers |
| flat structure | an organization with few or no levels of management, encouraging open communication and autonomy |
| network structure | a decentralized organization with external relationships, focusing on outsourcing and partnerships |
| hybrid structure | an organization that combines elements of different organizational structures, adapting to specific organizational needs and goals |
| authority | the power or right to give orders, make decisions, and enforce obedience |
| communication | the exchange of information and ideas between people through speaking, writing, or other means |
| decision-making | the process of making choices or reaching conclusions, especially in a business setting |
| coordination | the organization of the different elements of a complex body or activity to enable them to work together effectively |
| independence | the state or quality of being self |
| collaboration | the process of working together with others to achieve a common goal or objective |
| flexibility | the ability to adapt to new situations or changing circumstances, especially in a business environment |
| outsourcing | the practice of contracting work or services to external providers, often to reduce costs or increase efficiency |
| partnerships | arrangements where two or more parties agree to cooperate for mutual benefit, typically in business |
| reporting relationships | the formal lines of authority and communication that dictate who reports to whom within an organization |
| responsibilities | the duties or tasks that someone is required or expected to perform as part of their job or role |
| goals | the specific, measurable, achievable, relevant, and time |
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LexyLessons
Popular English Vocabulary sets