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BUS101 Saylor Adcamy
Unit 1 1.1 Section 2 Q & A
| Question | Answer |
|---|---|
| What is organization in a business context? | The composition of individuals and groups directed towards coordinated goals. |
| What does division of labor mean? | Assigning responsibility for each organizational component to specific workers or groups. |
| What is specialization? | Division of labor where responsibility for a specific task lies with a designated expert. |
| Why is good organization structure essential? | It determines the input resources needed for expanding business activity. |
| How does effective organization help a business? | It allows continuity, growth, and optimized use of resources. |
| What is delegation in management? | The process managers use to transfer authority and responsibility to lower positions. |
| How does delegation benefit organizations? | It improves flexibility and adaptability to customer needs and competition. |
| What is departmentalization? | The basis on which individuals are grouped into departments and departments into organizations. |
| What are the five types of departmentalization? | Functional, Divisional, Matrix, Team, Network. |
| How does specialization relate to management? | Certain operatives manage specific tasks to ensure coordination. |
| How does efficiency relate to organization? | Proper design and division of work promote optimal use of resources. |
| What is functional authority? | Formal power over specific activities, such as a manager's decision-making role. |
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