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Business Management
Objective 1.04
| Question | Answer |
|---|---|
| Auhority | The formally granted influence of an indivdual to make decisions pursure goals and obtain the resources neccessary to support thoesr decisions and goals. |
| Chain of command | The flow of authority withtin an organization |
| Departmentalization | The way deprtment are defined and arrangers |
| Divisinal of labor | The proccess of dividing a large ob into units o job task and assigning an individual to do each other of the task |
| Functinonal structure | An oganizational design in which the firm is broken into traditional departments each with its own set of responsibilities and activites |
| Matrix structure | An organizatinol design that combines the traditional functional structure with the divisonal structure |
| Organizational chart | A graphical representation of the flow of authority withtin the organization |
| Organizing | The management function of setting u the way the business work will be done |
| Organizational structure | The company configuration of employees for accomplishing specific business task how the business is organized |
| Scalar principle | Creating authority that flows in a clear continous line |
| Span of control | The measurement of how many workers are supervised by one manager |
| Specialization | An employee narrow focus on one task or area of expertise |
| Unity of command | A principle that states that no employeee should anser to more than one supervisor at a time |