It also has the potential for a lack of cross-department communication and collaboration. Once this group generates a list of six or seven viable options, it will be disbanded. Performance information may have changed since the time of publication. At the same time, its important that the company keeps looking at business model innovation as a long-term survival mechanism. e. no management. b. Each point of comparison is discussed in turn. As discussed below, functional, product-based, market-based and geographical organizational structures are vertical structures. b. MMM's management should consider changing the organizational structure from _____ to _____. Donec aliquet. e. finances; products, Which of the following is not an approach to structural design that reflects different uses of the chain of command? To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. e. Learning structure. She has also written extensively on parenting and current events for the website Scary Mommy. Which of the following best describes organizational structure? e. Line; functional, Carly's Clothes, Inc. manufactures children's clothes. Washington, DC: American Public Health Association. Pellentesque dapibus efficitur laoreet. d. it develops both general and specialist management skills. The final tier is the team responsible for completing whatever project is set before them. \text{Stockholders Equity} & 255.0 & 255.6 & 257.8 & 270.8 & 279.8\\ Ch. 10 Management Flashcards | Quizlet \text{Administration} & (61.8) & (57.1) & (59.0) & (66.9) & (79.8)\\ b. Team-based approach Again, the form a community group takes should be based on what it does, and not the other way around. d. all of these The organizational structure and responsibilities of the executive team and board of directors of a corporation. How to Develop an Organization Structure, by Tara Duggan, Demand Media, is an informational article on how to develop organization structure with a short step-by-step analysis. You might be using an unsupported or outdated browser. 1. The project-based structure features the best of both the traditional line and functional organizational structures: its simple, with the first tiers answering only to a direct supervisor. &\text{Cost of ending inventory} &\underline{\qquad\qquad} \qquad\qquad\quad \underline{\qquad\qquad} \\ Step-by-step explanation. However, this structure runs the risk of being too confining and it can impede employee growth. b. divisional, matrix b. d. matrix How many new projects does the company expect for this year? There is one role at the top of the pyramid and the chain of command moves down, with each level decreasing in responsibilities and authority. a. diversification approach Strategic planning It's not uncommon for a group to start with a steering committee, ask others to serve as board members, and then recruit volunteers who will serve as members of action committees. Organizational structure is something that is best decided upon internally, through a process of critical thinking and discussion by members of the group. b. MissMuffinsBakeryVerticalAnalysisofIncomeStatementfortheMonthsEndingJuly31,2012andJuly31,2013, 2013PercentofNetSales2012PercentofNetSales\begin{array}{} Rebecca's company follows which principle? c. weakened employee loyalty. \text{Pretax Income} & 23.1 & 6.6 & 14.7 & 18.2 & 24.9\\ In that case, how these companies structure their organization will also determine their ability to execute their mission. Theresa works in an organization where coordination across organizational units is poor and the units perceived themselves to be in competition with one another for organizational resources. Developing Multisector Task Forces or Action Committees for the Initiative, Section 4. The startup culture has introduced flatter organization patterns. inAccountsReceivable3.917.01.3(8.1)(6.8)Chg.inInventory(2.9)1.34.9(2.9)(5.6)Chg.inPayables&AccruedComp.1.7(1.3)4.84.94.9CashfromOperations45.247.653.144.048.8CapitalExpenditures(26.6)(23.8)(97.5)(75.4)(40.0)CashfromInvestingActivities(26.6)(23.8)(97.5)(75.4)(40.0)DividendsPaid(5.2)(5.2)(5.2)(5.2)(5.6)Sale(orpurchase)ofstockDebtIssuance(PayDown)73.325.3CashfromFinancingActivities(5.2)(5.2)68.120.1(5.6)ChangeinCash13.418.623.7(11.3)3.2MydecoStockPrice$7.02$3.55$5.86$8.33$11.57\begin{array}{lccccc} Where a small company can adapt more quickly to changing times. b. reengineering MissMuffinsBakeryVerticalAnalysisofIncomeStatementfortheMonthsEndingJuly31,2012andJuly31,2013\begin{array}{} \text{Miss Muffins' Bakery}\\ While the need for structure is clear, the best structure for a particular coalition is harder to determine. Nam risus ante, dapibus a molestie consequat, ultrices ac magna. An example of data being processed may be a unique identifier stored in a cookie. &\text{Gross sales} \\ The Five Forces Model is a commonly used method of Analyzing the competitive environment. This kind of structure can benefit companies that have several product lines or markets, but it can be challenging to scale. b. Boars' Nest's structure is too horizontal. Boars' Nest Distributors is continually hampered by an inability to adapt to an unstable environment. c. Scalar principle a. virtual network b. It is a type of organization where groups are organized according to the projects, or products the company focuses on. Lorem ipsum dolor sit amet, consectetur adipiscing elit. d. task force How leadership creates operational processes within the organization. Other types of organizational structure might also be based on several factors. What tools can a project manager incorporate to assist in project adoption? Creating and Gathering a Group to Guide Your Initiative, Section 3. New York, NY: Praeger. c. virtual network approach An organizational structure allows companies to shape their business model according to several criteria (like products, segments, geography, and so on) that would enable information to flow through the organizational layers for better decision-making, cultural development, and goal alignment across employees, managers, and executives. We learned this in these three decades of development for the Internet, where we were lean startups taking over large and established players. e. None of these. Typically this kind of organization is very bureaucraticand has a top-down approach. Functional A functional structure is the most traditional approach. Mountain Peak can be said to have: The four main types of organizational structures can be divided into functional, divisional, matrix, and flatarchy. 1 point Adoption Samsung, What is Toyotas Organizational Structure? Are you sure you want to rest your choices? As a result, Louise: _____ is also referred to as work specialization. b. Tick Tock, Inc. has a _____ structure. It's All About the Base: A Guide to Building a Grassroots Organizing Program, Center for Community Health and Development. d. all of these. Which of the following refers to an internal group that defines and maintains project standards across the organization? b. Having an organizational structure that aligns with your companys goals and objectives is crucial. Employees are also aware of the company's reporting structure as well as successive management levels all the way to the top. Permanent e. A vertical structure, In _____ production, firms produce goods in batches of one or a few products designed to customer specification. c. large-batch production b. Maintaining a Board of Directors, Section 8. A functional structure facilitates specialization, scalability and accountability. b. modular How members of the organization relate to and interact with one another , How changes are implemented within the organization, How the organizations identity and personality is demonstrated, How leadership creates operational processes within the organization, Top 15 Program Manager Interview Questions and Answers for 2022. Line All Rights Reserved. Unity of command e. defensive, A pure functional structure is most appropriate for achieving: Learn more. Such a person may be known as the. What steps should you take? \text{Gross Profit} & 209.8 & 186.2 & 222.5 & 265.3 & 306.8\\ Unity of command a. economies of scale. 1 point A-How changes are implemented within the organization B-How leadership creates operational processes within the organization C-How members of the organization relate to and interact with one another D-How the organization's identity and personality is demonstrated 2. Access to over 100 million course-specific study resources, 24/7 help from Expert Tutors on 140+ subjects, Full access to over 1 million Textbook Solutions. a. Functional structure In a functional structure, organizations are divided into specialized groups with specific roles and duties. b. integration The first element of structure is governance - some person or group has to make the decisions within the organization. 1 point Organizational structures are essentially blueprints that reveal how companies are run and managed and how information is passed within the organization. a. \text{Total Liabilities Learn how to develop a framework that gives members clear guidelines on building organizational structure, and keeping the organization functional. Where the organizational structure and design are critical to building a culture congenial to the companys long-term vision and mission. It is also a powerful tool for executives to shape their organization toward desired goals and long-term objectives. Thats because often, opportunities that dont make sense in terms of the bottom line and key customers might also be those that, in the long run, will turn out to succeed. Which of the following factors is NOT associated with larger span of control? d. Formalization d. span of management It is a process of standardizing processes, organizational structure and capabilities, as well as centralizing decision-making for efficient and effective operations. Which of the following best describes organizational structure? e. irrational decision making. This is the individual (or office) that oversees a department or segment of the company. In general, a centralized company is mostly run in hierarchies. e. networks, Global companies often use a _____ structure to achieve simultaneous coordination of products across countries. \end{array} How do employees measure the impact of their work? Licensed under a Creative Commons Attribution-Noncommercial-Share Alike 3.0 United States License. Question 9 It is important to highlight that the more a company grows, the more culture and organizational design might matter compared to business model innovation. Mondavi Corporation has a finance department, a marketing department, and a production department. Which of the following best describes what is meant by corporate governance? Mass production Question 10 a. horizontal, vertical An organizational structure creates this framework. 2013PercentofNetSales2012PercentofNetSales, GrosssalesReturnsandallowancesNetSalesCostofbeginninginventoryCostofpurchasesCostofendinginventoryCostofgoodssoldGrossProftTotalperatingExpensesNetincome\begin{aligned} d. Kevin has more problems with work specialization. b. matrix d. people; other resources d. small-batch production Which of the following is a plausible explanation as to why? While most traditional companies run this kind of organizational structure, many startups that need to make sure its, It is a type of organization born from the startup way of acknowledging more independence and autonomy to employees, where they are closer to the chain of command, and the decision-making, This type of organization still benefits from hierarchies, but it flattens them by generating an adaptable, What Is Samsungs Organizational Structure? a. 1 point b. team approach Barney and Betty work at Mountain Peak, Inc. \text{Net Income} & 15.0 & 4.3 & 9.6 & 11.8 & 16.2\\ b. coordination. e. mass, Swift Move Facilities manufacturers two different bicycle models. He oversees both the product and functional chains of command, and is responsible for maintaining a power balance between the two sides of the matrix. e. Rules and procedures defining task activities are available. d. matrix inInventoryChg. Adhocracy Culture Positions and departments are deleted. So they can communicate more effectively with teams b. managers spend much time resolving conflict. d. defensive Change management, Question 1 Nam lacinia pulvinar tortor nec facilisis. d. high quality technical problem solving. 1 point ~How members of the organization relate to and interact with one another ~How changes are implemented within the organization ~How the organization's identity and personality is demonstrated How leadership creates operational processes within the organization A Question 2 With the traditional line organizational structure, the process of communicating information is very much narrowly focused. c. geographic d. development of general management skills. Using the data from 201220122012, what was Mydeco's total stockholders' equity in 201120112011? d. differentiation Yet, as some of these startups have scaled to a much bigger size, they have become more centralized and hierarchical. It might make it difficult for managers and executives to have a big picture of the company. d. A team-based structure c. A functional structure The matrix structure violates which of the following principles of management? b. matrix structure. The organizational structure is how the company delegates roles, responsibilities, job functions, accountability and decision-making authority. d. Manufacturing department c. vertical, team based Select all that apply. With a matrix organizational structure, there are multiple reporting obligations. As someone interviewing for a project management role, you want to understand the organizational culture of the company you're interviewing with. d. cost leadership d. flexibility. 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. Nam risus ante, dapibus a molestie consequat, ultrices, a molestie consequat, ultrices ac magna. Organizational Structure: An Overview, Developing a Strategic Plan and Organizational Structure, Chapter 9. &\text{Cost of goods sold}&\underline{\qquad\qquad} \qquad\qquad\quad \underline{\qquad\qquad} \\ The employees at MMM spend too much time in meetings and not enough time focusing on the task at hand. b. Fill in the blank: During the planning phase of a project, you take steps that help you _____ to achieve your project goals. Governance Structured Query Language (known as SQL) is a programming language used to interact with a database. Excel Fundamentals - Formulas for Finance, Certified Banking & Credit Analyst (CBCA), Business Intelligence & Data Analyst (BIDA), Commercial Real Estate Finance Specialization, Environmental, Social & Governance Specialization, Cryptocurrency & Digital Assets Specialization (CDA), Business Intelligence Analyst Specialization, Financial Planning & Wealth Management Professional (FPWM).
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