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objective 1.04
business management
| Term | Definition |
|---|---|
| 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 |
| divisional structure | the process of dividing a large job into units or job tasks and assigning an indiviual to each of the task |
| functional structure | an organizational design in which the firm is broken into traditional departments each with uits own set of responsibilities and activities |
| 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 companys configuration of employees for accomplishing specific business tasks |
| organizing | the management function of setting up the way the business's work will be done |
| scalar principle | creating authority that flows in a clear continuous line |
| span of control | the measure ment of how many workers are supervised by one manager |
| specialization | an employees narrow focus on one tasks or area of expertise |
| unity of command | a principle that states that no employee should answer to more than one supervisor |
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user-1913468
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