Chapter 9 Adapting Organizations To Todays Markets Flashcards Preview

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Flashcards in Chapter 9 Adapting Organizations To Todays Markets Deck (16):
1

Hierarchy

One person is at the top of the organization and there is a ranked or sequential ordering form the top down of managers who are responsible to that person

2

Chain of command

Moves from the top of a hierarchy to the lowest level

3

Bureaucracy

Many layers of manages who set rules and regulations and oversee all decisions

4

Centralized authority

Organization structure in which decision making authority is maintained at the top level of management at the company's headquarters

5

Decentralized authority

Organization structure in which decision making authority is delegated to lower level managers more familiar with local conditions than headquarters management could be

6

Span of control

Optimum number of subordinates a manager supervises or should supervise

7

Flat organizational structure

Has a few layers of management and a broad span of controls

8

Departmentalization

Dividing an organization into separate units

9

Line organization

Has direct two way lines of responsibility, authority and communication running from the top to the bottom of the organization with all people reporting to only one supervisor

10

Line personnel

Employees who are part of the chain command that is responsible for achieving organizational goals

11

Staff personnel

Employees who advise and assist line personnel in meeting their goals

12

Matrix organization

Specialists from different parts of the organization are brought together to work on specific projects but still remain part of a line staff structure

13

Self managed teams

Groups of employees from different departments who work together on a long term basis

14

Restructuring

Redesigning an organization so that it can move more effectively and efficiently serve its customers

15

Inverted organizations

That has contact people at the top and chief executive officer at the bottom of the organization chart

16

Economies of scales

Companies can reduce their production costs if they can purchase raw materials in bulk and develop specialized labour