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37 Cards in this Set

  • Front
  • Back

Organizational structure

the way in which an organization is set up with respect to division of labor, who has authority, and resource allocation.

An organization is a group of people who unite to carry out activities that are designed to -----


attain goals and accomplish a mission

organizational hierarchy

define formal authority


The chain of command in an organization refers to __

who reports to whom

Responsibility

definedas the obligation to complete a task in an organization.


A manager who supervises a large number of people has __

a large span of leadership

Empowerment of employees tends to ________ of leadership spans


increase the size

In an organization with ________ decisionmaking, ________ make important decisions

centralized;employees seldom


decentralized; employees often


organization-wide consistency

a key advantage of centralized decision making

a key advantage of decentralized decision making

speed

A mechanistic organization is characterized by high levels of _____

specialization

An organic organization is characterized by a high level of __


flexibility

public relations firm to be ________ than a manufacturing firm.


more adaptive

Managers who metaphorically envision their organization as a culture typically focus on ______


ethical concerns

Managers who metaphorically envision their organization as a machine typically focus on_____

productivity

Companies with a traditional hierarchical structure tend to be


spider organizations


(example, Sears )

A spider organization is ________, while a starfish organization is _____


centralized; decentralized (example Craigslist)

The catalyst for a starfish organization supplies ___

mobilizing energy

owners are never responsible for the company's assets or debts-----

corporation

owners are always responsible for the company's assets or debts.


sole proprietorship and partnership.

owners are sometimes responsible for the company's assets or debts.


LLC


( advantage: allowschoice of taxation classification)

owners cannot avoid double taxation----

corporation

organizations avoids double taxation and liability for company debts-----

S corporation

In a cross-equity alliance, ____

two companies exchange partial ownership shares


Licensing involves paying a fee for the use of a company's __

intellectual property


wholly owned affiliate

Acompany that is owned by a larger company but operates independently

What type of organizational structure is indicated by a strict chain of command

tall

Silo mentality tends to occur in an organization with a

divisional structure

Tall,hierarchical organizations are likely to have ____

a high level of job specialization

A flat structure is generally found in

very small organizations

A typical problem with product departmentalization is __


redundancy

matrix structure

a single team member is likely to report to two different bosses.


Job specialization is linked to----

division of labor

Environmental uncertainty is NOT typically caused by ___


low levels of competition

A document that outlines the major tasks and responsibilities of a cashier is a__

job description

From an open systems theory perspective, ___

both the organization and the environment are constantly changing one another


Which statement is true?


A partnership never needs to worry about double taxation


An S corporation and an LLC both limit liability.


Share holders are likely to suffer consequences when a corporation loses a lawsuit.