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15 Cards in this Set
- Front
- Back
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Resources |
People, equipment, money Achieves company's objectives |
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Objectives |
Company goals and aspirations |
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Layers of management |
Top Managers: -Set objectives -Scan environment -Plan and make decisions Middle Managers: -Allocate resources -Oversee first-line managers -Report to top management -Develop and implement activities First-line managers -Coordinate activities -Supervise employees -Report to middle managers -Involved in day-to-day operations |
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Top Managers |
-Responsible for the health and performance of organization -Scan environment for threat -CEO, CFO, COO, president, vice president |
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Middle managers |
Center of hierarchy -report to top management -Responsible for developing and implementing activities and allocating the resources needed to achieve objectives set by higher management. -Operations manager, division manager, plant manager, branch manager |
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First-Line managers |
-Supervise employees and coordinate their activities to make sure that the work performed throughout the company is consistent with the plans of top and middle management. -manager, group leader, office manager, foreman, supervisor |
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Job Specialization |
-Dividing tasks into jobs |
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Departmentalization |
Grouping jobs into units |
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Restructuring |
Altering existing organizational structures to become more competitive once conditions have changed. |
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Specialization |
Organizing activities into clusters of related tasks that can be handled by certain individuals or groups |
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Organizatonal structure process |
-identify the activities needed to be performed to achieve organizational goals -Break down these activities into tasks that can be performed by individuals or groups of employees |
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Efficiency |
Vvh |
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Functional organization |
-Groups together people who have comparable skills and perform similar tasks -Typical for small to medium-sized businesses |
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Divisional organizations |
Large companies structure themselves as this in order to oversee operations and serve customers. |
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Product division |
Company is structured according to product lines |
