Chap 8 Business

Matrix organization

An organization in which specialist from different parts of the organization are brought together to work on specific projects but still remain part of a line and staff structure.

Departmentalization

An organization that has direct two-way lines of responsibility authority and communication running from one top to the bottom of the organization with all people reporting to only one supervisor.

Organizing or structuring

Begins with determining what work needs to be done and then dividing up the tasks among the employees, this is called division of labor.

Organizational for corporate culture

Widely shared values within an organization that provides unity and corporation to achieve common goals.

Hierarchy

A system in which one person is at the top of the organization and there is a ring or sequential ordering from the top down of the managers who are responsible to that person.

Unity of command

Each worker is to report to one and only one by the benefits of this principle are obvious to prevent confusion each person should report to one manager.

Networking

Using communications technology and other means to link organizations and allow them to work together on common objectives.

Bureaucracy

An organization with many layers of managers who set rules and regulations and oversee all decisions.

Staff personnel

Employees who advise and assist line personnel in meeting their goals.

Cross functional self managed teams

Groups of employees from different departments who work together on a long-term basis.

Core competencies

Those functions that the organization can do as well as or better than any other organization in the world.

Virtual corporation

A temporary network organization made up of replaceable firms that joint and leave as needed.

Benchmark

Comparing and organizations practices, processes, and products against the world's best.

Line personnel

Employees who are part of the chain of command that is responsible for achieving organizational goals.

Job specialization

Many jobs can be done quickly and well when each person specializes dividing task into smaller jobs is call job specialization.

Restructuring

Redesigning an organization so that it can more effectively and efficiently serve its customers.

Chain of command

The line of authority that moves from the top of the hierarchy to the lowest level.

Span of control

The optimal number of sub ordinance a manager supervises or should supervise.

Real-time

The present moment or the actual time in which some thing takes place.

Economies of scale

The situation in which companies can reduce their production costs if they can purchase Ron materials in bulk the average cost of goods goes down as production levels increase.

Formal organization

The structure that details lines of responsibility, authority, and position; that is the structure shown on organization charts.

Informal organization

The system that develops spontaneously as employees me informed clicks, relationships, and lines of authority outside the formal organization.

Digital natives

Then people who have grown up using Internet and social networking.

Decentralized authority

An organization structure in which decision making authority is delegated to lower-level managers more familiar with local conditions than headquarters management could be.

Centralized authority

An organization structure in which decision-making authority is maintained at the top level of management.

Flat organization structure

An organization structure that has few layers of management and a broad span of control.

Inverted organization

An organization that has contact people at the top and the chief executive officer at the bottom of the organization chart.

Tall organization structure

And organizational structure in which the peer amid all organization chart would be quite tall because of the various levels of management.