c. uses a divisional structure. Layoffs Innovative Creations Corporation is designed along functional lines. d. cost leadership d. Ad-hoc c. flexible. e. passing the buck. \text{Common stock, \$5 par value} & \$\hspace{10pt}510,000\\ e. functional approach, In the _____ structure, the organization is viewed as a central hub surrounded by a network of outside specialists which are sometimes spread all over the world. Unlike vertical structures, this structure facilitates communication between and among all staff. Ch. 10 Management Flashcards | Quizlet d. BCG approach c. large-batch production While this kind of approach might work well with small and medium-sized organizations, it might be difficult to implement for quite large organizations. To prepare for the adoption of your recommended changes and to gather information, you incorporate surveys, flowcharts, and culture mapping. The company produces a high volume of products using standardized production runs. B A new scientific process is mentioned and pros and cons of the process are discussed. This group is also known as a _____. Tick Tock, Inc. has a _____ structure. e. matrix structure. A functional structure is also known as a bureaucratic organizational structure and is commonly found in small to medium-sized businesses. d. divisional c. Matrix structure b. matrix With the traditional structure, simplicity is the primary distinguishing feature. b. tangible output. a. Functional approach e. team-based structure. \text{Total Current Liabilities} & 26.4 & 25.1 & 29.9 & 34.8 & 39.7\\ 1. Management layers are eliminated to save cost. An organizational structure creates this framework. These actions represent which change management best practice? a. functional structure. This is an example of poor _____. b. along functional lines. \text{Vertical Analysis of Income Statement for the Months Ending}\\ b. All of the following are the major disadvantages of the matrix structure EXCEPT: Based on the parameters and preferences the organization will take into account, it will also get shaped by these. A health organizations committee focuses on increasing access and use of the youth clinic. Indeed, suppose we identify a corporation or startup as comprised of three main layers (product, business model, and organizational design). Quite the opposite, those are ventures with a high rate of failure, yet high potential, which, if they turn out to work, might end up as whole new industries, opening up the way to build a whole new company on top. d. The management chain b. e. Span of management, The formal and legitimate right of a manager to make decisions is _____. Which of the following characteristics distinguishes authority? In that case, how these companies structure their organization will also determine their ability to execute their mission. It follows a traditional, top-down reporting structure with a clear chain of command. c. weakened employee loyalty. Nam risus ante, dapibus a molestie consequat, ultrices, a molestie consequat, ultrices ac magna. Financial Modeling & Valuation Analyst (FMVA), Commercial Banking & Credit Analyst (CBCA), Capital Markets & Securities Analyst (CMSA), Certified Business Intelligence & Data Analyst (BIDA), Financial Planning & Wealth Management (FPWM), Best Organizational Structures for a Business. How members of the organization relate to and interact with one another To run some parts of its business, it uses a different approach. Donec aliquet. The Community Tool Box is a service of the. Controlling c. Organizing d. Leading e. Strategic management, Strategy defines _____ to do (it) while organizing defines _____ to do (it). This approach is consistent with a _____ structure. Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. Which of the following departments for Carly's Clothes can be considered a line department? b. product 1)A process by which Cooper centralizes decision-making by its top managers so that excessive spending can be identified, 2)A process by which Cooper creates economies of scale and scope by pursuing rapid growth initiatives, 3)A process by which Cooper standardizes capabilities across all business units and assures that high quality standards are met, 4)A process by which Cooper finds synergy with existing business units and improves operational efficiency, Explore over 16 million step-by-step answers from our library, m risus ants a molestie consequat, ultrices ac magna. e. teams, networks. Organizational Capabilities, Key Personnel, and Qualifications Describe the organizational structure of the Tribe and its ability to manage the proposed project. While this sounds interesting in theory, for larger organizations where most of the activities are focused on keeping and maintaining existing processes intrapreneurship might not be viable if applied to the whole organization. b. centralized at the bottom. \begin{array}{}\text{Percent of}\\\text{Net Sales}\end{array}& a. it increases employee participation. c. There is good coordination across divisions. Genevieve's Children's Coalition is a relatively large community-based group. 10.1 Organizational Structures and Design - OpenStax From a broad perspective, it appears very similar to the product-based structure above. c. Research and development department Positions and departments are deleted. a. differentiation Typically this kind of organization is very bureaucraticand has a top-down approach. b. it makes efficient use of human resources. d. matrix leader b. Which of the following structures is the leanest of all organization forms because little supervision is required? This compensation comes from two main sources. d. based on the virtual network approach. c. continuous process As a project manager, youre trying to take all the right steps to prepare for the project. Finding the most appropriate organizational structure for a business depends on a number of factors. & 244.3 & 243.3 & 306.1 & 349.6 & 347.9\\ Companies, especially at a large scale, use a hybrid approach, where one part of the business is highly centralized, and other parts are, instead, highly decentralized. Where was the organization founded? b. decentralization How can project managers navigate organizational culture while working on projects? Which of the following does NOT describe the standard type of structural form of organization? 'Cause, you know, the strategies you use to stop a ninth grader from bringing a gun to school just aren't the same as the ones you use to stop a 40-year-old man on unemployment from beating his wife.". However, it will also limit their flexibility. \text{Retained earnings} & 2,340,000\\ It's the operating manual that tells members how the organization is put together and how it works. d. Organization D with six hierarchical levels a. loose organizational structure This is an example of: a. It clearly lays out the chain of command and reporting relationships, which, in turn, facilitates efficient communication and task delegation. It affects the client's project satisfaction. a. division of labor. Indeed, innovation spurs from the most unexpected places in many cases, and an organization that is not ready to capture it might be well disrupted in the future. If applicable, include resumes and scope of work for consultants that e. Both Boars' Nest's structure is too loose and structure is too horizontal. Project managers should follow which three best practices when assigning tasks to complete milestones? Unity of command a. a standing How are new employees onboarded? &\text{Gross Proft}\\ While the need for structure is clear, the best structure for a particular coalition is harder to determine. c. A divisional structure What kinds of rituals are in place when someone new comes to the office? d. operative Her organization uses the _____ approach to departmentalization. Tesla, What Is The Organizational Structure of McDonald's?, What is Walmarts Organizational Structure? She earned her J.D. Read Also:Matrix Organizational Structure In A Nutshell. &\text{Cost of purchases}\\ b. Which of the following statements best describes what Cooperization is? a. integration Best Organizational Structures for a Business You arent sure how this will affect the teams tasks. We'd love to hear from you, please enter your comments. a. uses a functional structure. Members of each have an ongoing dialogue with members of the coordinating council, and also with their action committees. a. d. seven c. Work specialization \text{Inventory} & 33.5 & 32.2 & 27.3 & 30.2 & 35.8\\ Typically organizational structure can be categorized based on several parameters and priorities. This structure is organized by departments and expertise areas, such as R&D (research & development), production, accounting, and human resources. Which of the following refers to an internal group that defines and maintains project standards across the organization? Which part of a company's culture do these questions help you learn more about? a. Functional organizations are referred to as pyramid structures since they are governed as a hierarchical, top-down control system. What were Mydeco's retained earnings each year? \text{Total Assets} & 780.3 & 779.6 & 859.9 & 903.1 & 917.0\\ c. Manufacturing d. matrix structure. Your company is restructuring and you have been chosen to manage a key project. Wherein a centralized organization the information flows from the top to the bottom of the organization linearly. for Mydeco Corp, Mydeco Corp. 20122016 \hspace{30mm} (All data as of fiscal year end; in million)million)million), Incomestatement20122013201420152016Revenue401.9361.6429.6513.6602.6CostofGoodsSold(192.1)(175.4)(207.1)(248.3)(295.8)GrossProfit209.8186.2222.5265.3306.8SalesandMarketing(65.0)(64.4)(84.3)(104.9)(121.1)Administration(61.8)(57.1)(59.0)(66.9)(79.8)Depreciation&Amortization(27.5)(26.3)(32.5)(38.3)(40.1)EBIT55.538.446.755.265.8InterestIncome(Expense)(32.4)(31.8)(32.0)(37.0)(40.9)PretaxIncome23.16.614.718.224.9IncomeTax(8.1)(2.3)(5.1)(6.4)(8.7)NetIncome15.04.39.611.816.2Sharesoutstanding(millions)56.856.856.856.856.8Earningspershare$0.26$0.08$0.17$0.21$0.29BalanceSheet20122013201420152016AssetsCash49.468.091.780.483.6AccountsReceivable87.670.669.377.484.2Inventory33.532.227.330.235.8TotalCurrentAssets170.5170.8188.3188.0203.6NetProperty,Plant&Equip.244.3243.3306.1349.6347.9Goodwill&Intangibles365.5365.5365.5365.5365.5TotalAssets780.3779.6859.9903.1917.0Liabilities&StockholdersEquityAccountsPayable18.818.822.427.130.3AccruedCompensation7.66.37.57.79.4TotalCurrentLiabilities26.425.129.934.839.7Long-termDebt498.9498.9572.2597.5597.5TotalLiabilities525.3524602.1632.3637.2StockholdersEquity255.0255.6257.8270.8279.8TotalLiabilities&StockholdersEquity780.3779.6859.9903.1917.0StatementofCashFlows20122013201420152016NetIncome15.04.39.611.816.2Depreciation&Amortization27.526.332.538.340.1Chg. b. planning a. degree of formalization. Unity of direction Then, after several outbreaks of violence in the schools a few years back, our group offered to help, and a second task force sprung up around reducing youth violence. Organizational structure includes which of these? e. Research and development, Which department performs tasks that reflect the organization's primary goals and mission? Similar to the functional and product-based structure, a circular structure is also centralized and hierarchical, but instead of responsibility and decision-making authority flowing down vertically, responsibility and decision-making authority flow out from the center. b. functional leader e. enlarged tasks for employees. a. Scalar principle a. divisional structure. c. geographic-based Example - The Ste. a. divisional, teams d. spread through a wide span of management. Washington, DC: American Public Health Association. 7 Organizational Structure Types (With Examples) - Forbes e. moderating manager, Lisa is responsible for coordinating the efforts of several different departments. How to Develop an Organization Structure, by Tara Duggan, Demand Media, is an informational article on how to develop organization structure with a short step-by-step analysis. Recently, his organization began to contract out such functions as training, engineering, and computer service. In the _____ approach, a manufacturing company uses outside suppliers to provide entire chunks of a product, which are then assembled into a final product by a handful of workers. Regulatory bodies, such as the SEC and PCAOB, that govern the behavior of corporations. All information starts at the top and is passed down, typically from one individual to the next. a. matrix boss As a project manager, you learn that the stakeholders are changing the nature of the project and the teams deliverables will change as a result. Every company needs an organizational structurewhether they realize it or not. The debate over centralization vs. decentralization is still open. Also how far employees are from top management and how freely the information flows. b. team b. planning Organizational structures are essentially blueprints that reveal how companies are run and managed and how information is passed within the organization. Shooting Star, Inc. has slow response to external changes, centralized decision making, and poor coordination across departments. a. c. Managers have to find ways to tie different departments. c. functional Section 1. Organizational Structure: An Overview - Community Tool Box Which of the following typically is NOT considered a staff department? Instead of information flowing down to the next level, information flows out to the next ring of management. An organizational chart is a graphic that depicts the organizational structure. Change management The structures given are simply meant to serve as examples that have been found to be effective for some community-based organizations; they can and should be adapted and modified for your own group's purposes. d. Functional structure \text{Chg. in Accounts Receivable} & 3.9 & 17.0 & 1.3 & (8.1) & (6.8)\\ d. accountability A tight structure \underline{\text{Chg. in Payables $\And$ Accrued Comp.}} b. Team-based approach e. give thorough instruction. One of the problems is that the people in marketing never communicate with the people in production. Which of the following best describes organizational structure? Information provided on Forbes Advisor is for educational purposes only. b. horizontal matrix d. Manufacturing department Understanding the organizational structure of a company allows an understanding of how decisions are made. c. save feedback for completion of the project. Which of the following best describes organizational structure? inInventoryChg. Select all that apply. d. It emerges from the organizational values. The ability of a corporation's management team to meet earnings . c. it works well in a changing environment. It is vested in people, not positions. \text{Net Income} & 15.0 & 4.3 & 9.6 & 11.8 & 16.2\\ It is a process of standardizing processes, organizational structure and capabilities, as well as centralizing decision-making for efficient and effective operations. This structure can foster efficiency, teamwork and specialization, but it can also create barriers between the teams if communication isnt prioritized. Commonstock,$5parvalue$510,000Treasurystock90,000Retainedearnings2,340,000Paid-incapitalinexcessofpar-commonstock1,320,000\begin{array}{lr} Another important part of structure is having rules by which the organization operates. to remain available. Which of the following best describes an example of successful change management? Nam risus ante, dapibus a molestie consequat, ultrices ac magna. 1 / 1 point How members of the organization relate to and interact with one another How changes are implemented within the organization How the organization's identity and personality is demonstrated How leadership creates operational processes within the organization Correct Although it can be challenging to know who has ultimate decision-making authority, it can also foster a positive company culture because employees dont feel like they have superiors. This structure can also be more cost-efficient because it reduces the need for middle managers. b. divisional c. team Traditional organizations opt for a hierarchical structure, where people are organized in a pyramid-shaped structure, with top executives in charge of the strategic decision-making process. Success criteria, Question 7 a. Cross-functional c. project manager Salta Communications is a global telecommunications company that has operations on four continents. There are four tasks that are key to any group: Every group is different, and so each will have slightly different terms for the roles individuals play in their organization, but below are some common terms, along with definitions and their typical functions. d. Narrower spans of management \text{Total Current Assets} & 170.5 & 170.8 & 188.3 & 188.0 & 203.6\\ How members of the organization relate to and interact with one another , How changes are implemented within the organization, How the organizations identity and personality is demonstrated, How leadership creates operational processes within the organization, Top 15 Program Manager Interview Questions and Answers for 2022. Once you have that information, narrow down the options to the top two or three organizational structures that are most likely to be the best fit for the company. As a project manager, youre trying to take all the right steps to prepare for the project. The Structured Query Language (SQL) comprises several different data types that allow it to store different types of information What is Structured Query Language (SQL)? c. degree of centralization. b. \text{Net Property, Plant $\And$ Equip.} e. Marketing department, Which of the following refers to the number of employees reporting to a supervisor? e. Specialization, Jacob, a customer service representative for AB Retailers, has seven levels of management between himself and the company's CEO. a. a lack of hands-on control. So they can communicate more effectively with teams 1. e. team-based, Kent works at the Tick Tock, Inc. Which of the following is a contemporary approach to structural design in departmentalization? b. It refers to the traditional, top-down reporting structure with a clear chain of command. Policies e. products rather than services. Which of the following refers to the degree to which organizational tasks are subdivided into individual jobs? c. Downsizing For instance, Googles 20% Project used to give its employees the freedom to pursue the products and projects they loved the most. Lorem ipsum dolor sit amet, consectetur adipiscing elit. b. vertical structure c. Primary However, each member of the team can easily get information and assistance from the other members. An organization's external environment is also referred to as the general environment. \end{array} Select all that apply. Question 7 Read Also:Flat Organizational Structure In A Nutshell. 4 Types of Organizational Structure: Definitions and Examples c. Boars' Nest uses a vertical structure. Question 6 Inherent in any organizational structure also is a distribution of work. c. A functional structure With a matrix organizational structure, there are multiple reporting obligations. The coordinating council is composed of the executive director, her assistant, the media committee chair, and the chairs of each of the three task forces. d. matrix a. economies of scale. \underline{\text{Interest Income (Expense)}} & (32.4) & (31.8) & (32.0) & (37.0) & (40.9)\\ e. Responsibility principle, How does managerial authority flow through the organizational hierarchy? This type of organization still benefits from hierarchies, but it flattens them by generating an adaptable model for organizations. With centralized leadership, there is a transparent chain of command and each role has well-defined responsibilities. , How to calculate the rate of investment for 10 years using python | Python exercise #5. What is happening on this project? Nam risus ante, dapibus a molestie consequat, ultrices ac magna. Select all that apply. d. defensive The Leading Source of Insights On Business Model Strategy & Tech Business Models. c. Team approach d. All of these. d. BCG approach b. Tangible output In general, a centralized company is mostly run in hierarchies. Question 9 \text{Accounts Receivable} & 87.6 & 70.6 & 69.3 & 77.4 & 84.2\\ inPayables&AccruedComp.CashfromOperationsCapitalExpendituresCashfromInvestingActivitiesDividendsPaidSale(orpurchase)ofstockDebtIssuance(PayDown)CashfromFinancingActivitiesChangeinCashMydecoStockPrice2012401.9(192.1)209.8(65.0)(61.8)(27.5)55.5(32.4)23.1(8.1)15.056.8$0.26201249.487.633.5170.5244.3365.5780.318.87.626.4498.9525.3255.0780.3201215.027.53.9(2.9)1.745.2(26.6)(26.6)(5.2)(5.2)13.4$7.022013361.6(175.4)186.2(64.4)(57.1)(26.3)38.4(31.8)6.6(2.3)4.356.8$0.08201368.070.632.2170.8243.3365.5779.618.86.325.1498.9524255.6779.620134.326.317.01.3(1.3)47.6(23.8)(23.8)(5.2)(5.2)18.6$3.552014429.6(207.1)222.5(84.3)(59.0)(32.5)46.7(32.0)14.7(5.1)9.656.8$0.17201491.769.327.3188.3306.1365.5859.922.47.529.9572.2602.1257.8859.920149.632.51.34.94.853.1(97.5)(97.5)(5.2)73.368.123.7$5.862015513.6(248.3)265.3(104.9)(66.9)(38.3)55.2(37.0)18.2(6.4)11.856.8$0.21201580.477.430.2188.0349.6365.5903.127.17.734.8597.5632.3270.8903.1201511.838.3(8.1)(2.9)4.944.0(75.4)(75.4)(5.2)25.320.1(11.3)$8.332016602.6(295.8)306.8(121.1)(79.8)(40.1)65.8(40.9)24.9(8.7)16.256.8$0.29201683.684.235.8203.6347.9365.5917.030.39.439.7597.5637.2279.8917.0201616.240.1(6.8)(5.6)4.948.8(40.0)(40.0)(5.6)(5.6)3.2$11.57. How the different members of an organization relate to one another Mondavi Corporation has a finance department, a marketing department, and a production department. a. matrix It refers to how a company is arranged, how job tasks are divided and coordinated, and how members of the organization relate to one another. d. Kevin has more problems with work specialization. e. A virtual network structure, All functions in a specific country or region report to the same division manager in _____ divisions. c. Formal Donate now. IncomestatementRevenueCostofGoodsSoldGrossProfitSalesandMarketingAdministrationDepreciation&AmortizationEBITInterestIncome(Expense)PretaxIncomeIncomeTaxNetIncomeSharesoutstanding(millions)EarningspershareBalanceSheetAssetsCashAccountsReceivableInventoryTotalCurrentAssetsNetProperty,Plant&Equip.Goodwill&IntangiblesTotalAssetsLiabilities&StockholdersEquityAccountsPayableAccruedCompensationTotalCurrentLiabilitiesLong-termDebtTotalLiabilitiesStockholdersEquityTotalLiabilities&StockholdersEquityStatementofCashFlowsNetIncomeDepreciation&AmortizationChg. b. the project; people With a flat organization structure, a person may report to more than one person and there may be cross-department responsibilities and decision-making authority. b. customer-induced While most traditional companies run this kind of organizational structure, many startups that need to make sure its, It is a type of organization born from the startup way of acknowledging more independence and autonomy to employees, where they are closer to the chain of command, and the decision-making, This type of organization still benefits from hierarchies, but it flattens them by generating an adaptable, What Is Samsungs Organizational Structure? Relative to the functional structure, the divisional structure: The project-based structure features the best of both the traditional line and functional organizational structures: its simple, with the first tiers answering only to a direct supervisor. MMM's management should consider changing the organizational structure from _____ to _____. Facebook, What Is Teslas Organizational Structure? So they can demonstrate how a project supports the company's mission and values This kind of structure can benefit companies that have several product lines or markets, but it can be challenging to scale. In a _____ organization, the entire work flow is mechanized in a sophisticated and complex form of production technology. The next tier or link in the chain is a director. The consent submitted will only be used for data processing originating from this website. Human Resources department When deciding which structure will work best for your company, consider the following: A functional organizational structure is one of the most common organizational structures. d. Subordinates are highly trained and need little direction. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. An organization strives for internal efficiency with a(n) _____ strategy. b. mass production And as highlighted in the book, The Innovators Dilemma, managers in those companies make sound decisions in not pursuing certain opportunities. 1 / 1 point It involves reporting to stakeholders across teams in addition to direct managers. e. team-based, virtual network, Flash Card Inc. recently underwent a significant company-wide change that involved revision of its manufacturing and leadership processes. _____ means that decision authority is located near the _____ of the organization. Strategic planning b. integration Regardless of what type of structure your organization decides upon, three elements will always be there. It can also foster inefficiency if product or market teams have similar functions, and without good communication across teams, companies run the risk of incompatibility among various product/market teams. b. delegation It also shows who has the power to make important decisions. \text{Cash from Operations} & 45.2 & 47.6 & 53.1 & 44.0 & 48.8\\ Understanding and Writing Contracts and Memoranda of Agreement. Unity of command and the scalar principle are both closely related to the: a. They are inherent in the very idea of an organizational structure. Organizational Structure: The Complete Guide To - FourWeekMBA Stephanie works in one of seven research and development departments at Tara's Terrace, Inc. Donec aliquet. Which of the following titles best describes her position? Solved 1. Which of the following best describes what is - Chegg a. organization Select all that apply. &\text{Cost of goods sold}&\underline{\qquad\qquad} \qquad\qquad\quad \underline{\qquad\qquad} \\ How members of an organization are compensated. For instance, the structure can be broken down into R&D, product creation, order fulfillment, billing and customer services. 1. How the organization's identity and personality is demonstrated Agile d. the quantity of goods produced by the organization. \text{Long-term Debt} & 498.9 & 498.9 & 572.2 & 597.5 & 597.5\\ e. Tall structure. c. narrow; wider A business model is a machine, the engine that will propel that organization toward its goal. An example of data being processed may be a unique identifier stored in a cookie. Select all that apply. To help support our reporting work, and to continue our ability to provide this content for free to our readers, we receive compensation from the companies that advertise on the Forbes Advisor site. e. irrational decision making. Layout Choices | Graphic Arts Quiz - Quizizz d. Matrix approach e. wide; more, _____ is the trend in recent years. The functional type of organizational structure is ideal for larger companies with a lot of departments and for companies that need to meet short timeframe deadlines. Which answer best describes the Agile project management methodology?
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