Shared Flashcard Set

Details

Ch.8 Exploring Business
Final Exam Ch. 7-14
16
Business
Undergraduate 1
11/21/2009

Additional Business Flashcards

 


 

Cards

Term
Organizational Structure
Definition
The framework of task-and-authority realtionships in a company that coordinates and motivates employees to work together toward a common goal.
Term
Organizational Culture
Definition
The set of shared company values and norms that shape the way employees and groups interact with each other.
Term
Organizational Design
Definition
The Process of creating an organizational structure and culture so that a company can pursue its business model profitability.
Term
Contingency Approach to Organizational Design
Definition
Design that Depends on the changing forces in a firm's competitive environment.
Term
Functional Structure
Definition
A structure that groups people together because of their expertise or the type of activity they do.
Term
Divisonal Structure
Definition
A structure that groups employees by function but allows them to focus their activities on a particular product line or type of customer.
Term
Product Structure
Definition
A structure that groups functions into divisions that specialize in certain products.
Term
Market Structure
Definition
A structure that groups functions into divisons, that serve different types of customers.
Term
Geographic Structure
Definition
A structure in which divisons are created to seve the needs of customers in a paticular region, country, or world area.
Term
Matrix Structure
Definition
A Structure that groups people and resources in two awys SIMULTANEOUSLY: by function and product.
Term
Minimum Chain-Of-Command Principle
Definition
The Principle that a company's structure should be designed with a few managerial levels as possible.
Term
Management by Exception
Definition
The use of rules and standard operating procedures to coordinate operations whereby managers only intervene to take corrective action.
Term
Integrating Mechanisms
Definition
Organizing tools that managers use to increase communication and coordination among a company's functions and divisions.
Term
Company Values
Definition
The shared standards a company's members use to evaluate whether or not thehy have helped the company achieve its goals.
Term
Company Norms
Definition
Beliefs, attitudes, and behaviors that specify how a company's members should behave.
Term
Organizational Socialization
Definition
The process by which newcomers learn and absorb a company's values and norms and acquire the work beahviors and attitudes necessary to perform their jobs effectively.
Supporting users have an ad free experience!