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11 Cards in this Set
- Front
- Back
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Organizational Structure
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The formal manner in which employees are subdivided into units and divisions as a way of focusing efforts on the required activities of the company.
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Functional Structure
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A formal design choice that groups people together in units based on common tasks and specialized skills.
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Divisional Structure
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A formal design choice that groups people together in units based on common products, services, or customers.
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Matrix Structure
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A formal design choice that groups people by both function and product or product and geographical region.
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Supply Chain
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Activities called upon by the organization to produce and deliver products and services to the customer.
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Horizontally Linked Structure
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A formal design choice that groups people along the supply chain activities and processes that produce, market, deliver, and service the firm's offerings.
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Pay for Performance
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Pay that is tied to performance in the form of either a merit raise to base pay or an incentive bonus that does not increase base pay.
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Extrinsic Reward
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Rewards (pay, promotion, praise, and so forth) provided by the organization to employees.
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Intrinsic Reward
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Rewards (feelings of pride, satisfaction, and self esteem) that accrue to the individual based on the performance of a task.
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Pay Equity
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A perception by employees that their pay is fair and equitable in relationship to others: peers inside the organization and out as well as subordinates and superiors in the hierarchy.
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Technology
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The processes, mechanics, and interactions of human behavior required to convert raw material into finished offerings.
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