CH 3 - Business Structure Flashcards Preview

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Flashcards in CH 3 - Business Structure Deck (18):
1

How is an organisational structure formed?

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2

What are Mintzberg's 6 building blocks that all departmens can be divided into?

  • Support structure → provide acillary services
  • Technologists → standardise workplace 

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3

What is Mintzberg's co-ordinating mechanism, considering how the builiding blocks are intergrated into a cohesive unit.

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4

Fayol has producted 14 principles based on hierachy to follow to run a efficient business, what are those related to structure?

  • Inivation
  • Order
  • Fair remuneration

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5

What are the 2 modern principles to organisational structure?

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6

What does the rational goal managment model intail?

  • Determining the best way to perform tasks
  • Deligationg to the most suitible staff member
  • Training workers to follow procedures
  • Giving financial incentives
  • Managers taking responsibility for staff deligation.

7

What is the internal process manaagment model?

A model looking at how things are done.

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8

  1. What is the Entrepreneurial structure?
  2. Who does it work best for?
  3. What are the advanatages and disadvanatages of this structure?

  1. A structure build around managment  with key decisions made a ta high level. Other staff work as a team with little division.
  2. Small / new businesses

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9

  1. What is the functional structure?
  2. Who does it work best for?
  3. What are the advanatages and disadvanatages of this structure?

  1. A structure built around the main functions of a business.
  2. Smaller companies that have outgrown the entrepreneurial structure. 
  3.  

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10

  1. What is the divisionalised structure?
  2. Who does it work best for?
  3. What are the advanatages and disadvanatages of this structure?

  1. Organised into product lines/brands or locations with general managers taking responsibility for their own responsibilities.
  2. Businesses with diverse products or margins.

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11

  1. What is the matrix structure?
  2. Who does it work best for?
  3. What are the advanatages and disadvanatages of this structure?

  1. A combination of the fuctional and divisionalised structure devided into departments
  2. Larger companies with multi products / organisations.

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12

What is a centralised and decentrailsed stucture?

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13

What are the pros and cons of decrentralisation? (reverse for centralisation)

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14

  1. Whose managment theroy is based on the span of control?
  2. What is 'span of contol'
  3. What are the advanatages and disavanatges of having too few subordinates (tall organisation)
  4. What are the advanatages and disavanatges of having too many subordinates (flat organisation)

  1. Urwich
  2. How many subordinates a manager has/

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15

  1. How came up with the mechanistic vs organic stucture?
  2. Compare the 2 structures

  1. Burns & Stalker

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16

  1. What is a limited company?
  2. Give the advanatages and disadvanatges of a company

  1. A company that is a seperate legal entity from its owners.

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17

Compare the required number of shareholders and directors for private limited companies vs public limited companies.

  • Private → 1 shareholder & 2 directors
  • Public → 1 shareholder & no directors

18

What are the 4 ways that business can work together to form an alliance?

  1. Joint ventures → multiple companies form a joint owned comapny
  2. Strategic alliance → Similar to a joint venture but with less commitment (a fast food chain may agree with Coca-cola to sell their product in stores)
  3. Licensing → One company allows another to manafacture/sell its product or service.
  4. Agencies → One party distributes anothers product (travel agencies)