Lorem ipsum dolor sit amet, consectetur adipiscing elit. It clearly lays out the chain of command and reporting relationships, which, in turn, facilitates efficient communication and task delegation. a. Cross-functional d. Tall d. top leader Include resumes or position descriptions of key staff showing requisite experience and expertise. a. Organizational structures can move from vertical and pyramidal structures, with a rigid structure, to more horizontal, flat systems, which are way more fluid, and with much less space between employees and management. c. virtual network approach All of the following are advantages of a functional structure EXCEPT: If you are still determining what kind of structure to use, this organizational structure can be an excellent place to start. b. Prepare Wilcos December 31, 2012, stockholders equity section. Lorem ipsum dolor sit amet, consectetur adipiscing elit. d. BCG approach c. A horizontal structure 2. c. coordination a. divisional structure. For instance, large tech companies like Google have innovation units comprised of bets that seem completely unrelated to the companys current business model. a. degree of formalization. b. Which of the following best describes organizational structure? Genevieve's Children's Coalition. Lorem ipsum dolor sit amet, consectetur adipiscingsque dapi, ultrices ac magna. Which of the following organizations have a flat structure compared to others? However, this structure runs the risk of being too confining and it can impede employee growth. part of (or linked with) another organization. However, the organizational structure can be complex, so it can cause confusion about accountability and communication, especially among new employees. Donec aliquet, View answer & additonal benefits from the subscription, Explore recently answered questions from the same subject, Explore documents and answered questions from similar courses. a. geographic Which of the following accurately describes how organizational structure impacts project management? d. A functional structure Team based structure a. how; what b. how; why c. what; how d. what; why e. when; what . b. &&\quad \underline{\qquad\qquad} \qquad\qquad\quad \underline{\qquad\qquad} \\ Learn how to develop a framework that gives members clear guidelines on building organizational structure, and keeping the organization functional. This means that you should think about structure from the beginning of your organization's life. 1 point Select all that apply. Culture development based on the shape of the organization. Barney and Betty work at Mountain Peak, Inc. Besides whether employees are involved in the decision-making process. Developing an Organizational Structure for the Initiative, Section 2. Each division working as an independent organization can be grouped by product line but also geography. b. left to right and top to bottom. Stand out and gain a competitive edge as a commercial banker, loan officer or credit analyst with advanced knowledge, real-world analysis skills, and career confidence. The ability of a corporation's management team to meet earnings . The Five Forces Model is a commonly used method of Analyzing the competitive environment. The Ste. Feedback mechanisms. b. Unplanned decentralization Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. d. Teams c. divisional leader a. lack of participative teams. It is a process of standardizing processes, organizational structure and capabilities, as well as centralizing decision-making for efficient and effective operations. b. delegation A tight structure Which answer best describes a Matrix organizational structure? a. coordination e. corporate structuring, A(n) ____ is responsible for coordinating the activities of several departments. Which of the following questions can help project managers learn about a company's organizational culture? These actions represent which change management best practice? The distribution can be formal or informal, temporary or enduring, but every organization will have some type of division of labor. Greater work specialization e. functional approach, In the _____ structure, the organization is viewed as a central hub surrounded by a network of outside specialists which are sometimes spread all over the world. e. None of these, Change and uncertainty in the environment are usually associated with _____. It can also foster inefficiency if product or market teams have similar functions, and without good communication across teams, companies run the risk of incompatibility among various product/market teams. b. Decentralized leadership can help companies remain agile and adapt to changing needs. e. wide; more, _____ is the trend in recent years. a. reorganization e. Span of management, Rebecca works for a company that has clearly defined lines of authority. This kind of structure can benefit companies that have several product lines or markets, but it can be challenging to scale. d. Small-batch production e. none of these. a. a cost leader. Create a visual chart and make a decision. A company's income and expenses a. three Mondavi Corporation has a finance department, a marketing department, and a production department. a. department manager c. It flows across the horizontal hierarchy. This would suggest that Tara's Terrace has a: Running to reduce weight is an example of a(n) _________motivated activity; running because it "feels good" is an example of a(n) _________motivated activity. Which of the following are important project management responsibilities? a. Deliverable Structural development can occur in proportion to other work the organization is doing, so that it does not crowd out that work. Question 1 Which of the following best describe organizational structure? Coordination is defined as: This is an example of: Organizational culture. b. A matrix structure offers flexibility, enables shared resources and fosters collaboration within the company. This compensation comes from two main sources. c. internal efficiency goals. e. mass, Swift Move Facilities manufacturers two different bicycle models. Traditional organizations opt for a hierarchical structure, where people are organized in a pyramid-shaped structure, with top executives in charge of the strategic decision-making process. Question 7 e. a lack of hands-on control and weakened employee loyalty. This article describes the various types of organizational structures, the benefits of creating one for your business and specific elements that should be included. The structures given are simply meant to serve as examples that have been found to be effective for some community-based organizations; they can and should be adapted and modified for your own group's purposes. d. the power imbalance that can result between the sides of the matrix. Ch. 10 Management Flashcards | Quizlet a. Definition of roles within the organization, so that each employee knows its place and where she belongs. b. Sporadically A tight structure The final tier is the team responsible for completing whatever project is set before them. IncomestatementRevenueCostofGoodsSoldGrossProfitSalesandMarketingAdministrationDepreciation&AmortizationEBITInterestIncome(Expense)PretaxIncomeIncomeTaxNetIncomeSharesoutstanding(millions)EarningspershareBalanceSheetAssetsCashAccountsReceivableInventoryTotalCurrentAssetsNetProperty,Plant&Equip.Goodwill&IntangiblesTotalAssetsLiabilities&StockholdersEquityAccountsPayableAccruedCompensationTotalCurrentLiabilitiesLong-termDebtTotalLiabilitiesStockholdersEquityTotalLiabilities&StockholdersEquityStatementofCashFlowsNetIncomeDepreciation&AmortizationChg. A functional structure is also known as a bureaucratic organizational structure and is commonly found in small to medium-sized businesses. \text{Assets}\\ c. reengineering b. the project; people c. geographic So how can all of these pieces be put together? What is the benchmark salary for people performing this project role? d. departmentalization. Your team is selected to implement a key project for your company's Office of Procurement. 4 Types of Organizational Structure: Definitions and Examples At the same time, its important that the company keeps looking at business model innovation as a long-term survival mechanism. e. controlling. d. Subordinates are highly trained and need little direction. 3)A process by which Cooper standardizes capabilities across all business . \end{array} c. matrix Understanding and Writing Contracts and Memoranda of Agreement. A mechanistic structure Where was the organization founded? for Mydeco Corp, Mydeco Corp. 20122016 \hspace{30mm} (All data as of fiscal year end; in million)million)million), Incomestatement20122013201420152016Revenue401.9361.6429.6513.6602.6CostofGoodsSold(192.1)(175.4)(207.1)(248.3)(295.8)GrossProfit209.8186.2222.5265.3306.8SalesandMarketing(65.0)(64.4)(84.3)(104.9)(121.1)Administration(61.8)(57.1)(59.0)(66.9)(79.8)Depreciation&Amortization(27.5)(26.3)(32.5)(38.3)(40.1)EBIT55.538.446.755.265.8InterestIncome(Expense)(32.4)(31.8)(32.0)(37.0)(40.9)PretaxIncome23.16.614.718.224.9IncomeTax(8.1)(2.3)(5.1)(6.4)(8.7)NetIncome15.04.39.611.816.2Sharesoutstanding(millions)56.856.856.856.856.8Earningspershare$0.26$0.08$0.17$0.21$0.29BalanceSheet20122013201420152016AssetsCash49.468.091.780.483.6AccountsReceivable87.670.669.377.484.2Inventory33.532.227.330.235.8TotalCurrentAssets170.5170.8188.3188.0203.6NetProperty,Plant&Equip.244.3243.3306.1349.6347.9Goodwill&Intangibles365.5365.5365.5365.5365.5TotalAssets780.3779.6859.9903.1917.0Liabilities&StockholdersEquityAccountsPayable18.818.822.427.130.3AccruedCompensation7.66.37.57.79.4TotalCurrentLiabilities26.425.129.934.839.7Long-termDebt498.9498.9572.2597.5597.5TotalLiabilities525.3524602.1632.3637.2StockholdersEquity255.0255.6257.8270.8279.8TotalLiabilities&StockholdersEquity780.3779.6859.9903.1917.0StatementofCashFlows20122013201420152016NetIncome15.04.39.611.816.2Depreciation&Amortization27.526.332.538.340.1Chg.
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