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1.04 Key Terms
Managerial Considerations in Organizing
Question | Answer |
---|---|
Authority | The formally granted influence of an individual to make decisions, pursue goals, and obtain the resources necessary to support those decisions and goals. |
Chain of Command | The flow of authority within an organization |
Departmentalization | The way departments are defined and arranged |
Division of Labor | The process of dividing a large job into units, or job tasks, and assigning an individual to do each of the tasks |
Divisional Structure | An organizational design in which the firm is broken down into units according to factors such as product, process, territory, customer type, etc. |
Functional Structure | An organizational design in which the firm is broken into traditional departments, each with its own set of responsibilities and activities (marketing, operations, sales, IT,etc.) |
Matrix Structure | An organizational design that combines the traditional functional structure with the divisional structure |
Organizational Chart | A graphical representation of the flow of authority within the organization |
Organizational Structure | The company's configuration of employees for accomplishing specific business tasks; how the business is organized |
Organizing | The management function of setting up the way a business's work will be done |
Scalar Principle | Creating authority that flows in a clear, continuous line |
Span of Control | The measurement of how many workers are supervised by one manager |
Specialization | An employee's narrow focus on one task or area of expertise |
Unity of Command | A principle that states that no employee should answer to more than one supervisor at a time |