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managerial planning
obj 1.04
| Term | Definition |
|---|---|
| Authority | the formally granted influence of an individual to make decisions, pursue goals, and obtain the recourses necessary |
| chain of commnad | the flow of authority within an organization |
| departmentalization | the way departments are defined and arraigned |
| division 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 |
| functional structure | an organizational design in which the firm is broken into traditional departments each with its 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 |
| organizing | the management function of setting up the way the business work will be done |
| scalar principle | creating authority that flows in a clear continues line |
| span of control | the measurement 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 employees should answer to more than one supervisor at a time |