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BM 1 Obj 1.04

YOUR MOM

TermDefinition
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 and assigning an individual to do each of the tasks
Division of labor: The process of dividing a large job into units, or job 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 the 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
Created by: KingZeke13
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