which of the following best describe organizational structure?

b. \underline{\text{Interest Income (Expense)}} & (32.4) & (31.8) & (32.0) & (37.0) & (40.9)\\ c. weakened employee loyalty. 2013PercentofNetSales2012PercentofNetSales, GrosssalesReturnsandallowancesNetSalesCostofbeginninginventoryCostofpurchasesCostofendinginventoryCostofgoodssoldGrossProftTotalperatingExpensesNetincome\begin{aligned} Organization structure is defined as the: The _____ delineates the chain of command, indicates departmental tasks and how they fit together, and provides order and logic for the organization. You estimate it will cost $10,000 up front. 1. b. Unplanned decentralization \text{Total Liabilities} & 525.3 & 524 & 602.1 & 632.3 & 637.2\\ 1 point a functional structure where function is a major step in the firm's value chain a simple structure where all major decisions and oversight are a duty of the central executive a multidivisional structure where each division of the firm is an . For example, the adolescent pregnancy reduction task force has a schools committee that focuses on keeping teen parents in school and modifying the human sexuality curriculum. You might be using an unsupported or outdated browser. and B.A. &\text{Net Sales} &\qquad \underline{\qquad\qquad} \qquad\qquad\quad \underline{\qquad\qquad} \\ left to right and top to bottom. Each division working as an independent organization can be grouped by product line but also geography. It might make it difficult for owners and shareholders to understand whos accountable for what. We and our partners use cookies to Store and/or access information on a device. $\And$ Stockholders Equity} & 780.3 & 779.6 & 859.9 & 903.1 & 917.0\\ Recently, his organization began to contract out such functions as training, engineering, and computer service. 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. This means that you should think about structure from the beginning of your organization's life. 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. b. team approach d. cost leadership a. Boundarylessness This structure can foster efficiency, teamwork and specialization, but it can also create barriers between the teams if communication isnt prioritized. A functional structure facilitates specialization, scalability and accountability. e. Authority is static - it does not flow, The people with authority and responsibility are subject to reporting and justifying task outcomes to those above them in the chain of command. In last-mile delivery, Amazon relies on an army of independent drivers or partners that are not directly tied to Amazons hierarchy but are kept, independent. d. All of these. 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. d. differentiation Regardless of what type of structure your organization decides upon, three elements will always be there. d. the quantity of goods produced by the organization. Based on the parameters and preferences the organization will take into account, it will also get shaped by these. Gennaro is the creator of FourWeekMBA, which reached about four million business people, comprising C-level executives, investors, analysts, product managers, and aspiring digital entrepreneurs in 2022 alone | He is also Director of Sales for a high-tech scaleup in the AI Industry | In 2012, Gennaro earned an International MBA with emphasis on Corporate Finance and Business Strategy. The result of this was a stronger emphasis on horizontal coordination. It's the operating manual that tells members how the organization is put together and how it works. 1 point This employee has accountability in both directions. Classic examples of extremely centralized organizations are represented by Government and bureaucracies in general. This structure has centralized leadership and the vertical, hierarchical structure has clearly defined roles, job functions, chains of command and decision-making authority. The image above reveals what a functional organizational structure looks like. d. development of general management skills. Which of the following typically is NOT considered a staff department? While most traditional companies run this kind of organizational structure, many startups that need to make sure its small teams remain flexible and adaptable might opt for a different structure, where people are incentivized to form cross-functional teams. b. amount of differentiation. e. division of labor. With the traditional structure, individual employees communicate directly with their immediate supervisors. &\text{Total perating Expenses}&\quad \underline{\qquad\qquad} \qquad\qquad\quad \underline{\qquad\qquad} \\ She has also written extensively on parenting and current events for the website Scary Mommy. Layoffs e. functional approach, The _____ is an organization structure that divides the major functions of the organization into separate companies and coordinates their activities from a small headquarters organization. a. diversification approach How can project managers navigate organizational culture while working on projects? e. A vertical structure, In _____ production, firms produce goods in batches of one or a few products designed to customer specification. List of Excel Shortcuts e. Strategic planning, _____ departments include all of those that provide specialized skills in support of _____ departments. e. Specialization, Jacob, a customer service representative for AB Retailers, has seven levels of management between himself and the company's CEO. c. the confusion caused by the dual chain of command. a. reorganization Line d. leading 3)A process by which Cooper standardizes capabilities across all business . With the functional structure, however, employees often communicate with individuals whose control they dont fall immediately under. Planning b. d. horizontal structure It is likely structured: And as highlighted in the book, The Innovators Dilemma, managers in those companies make sound decisions in not pursuing certain opportunities. With the advent of the web, many of the dominant organizations were challenged by startups that used a much flatter organizational structure. How changes are implemented within the organization d. Division of labor Which of the following is(are) an advantage of team structure? 1994-2023The University of Kansas. The organizational structure becomes critical when trying to achieve a broader scale. This level of change is referred to as _____. d. it develops both general and specialist management skills. This structure is more flexible to the hierarchical organization, as each division will run almost as an independent business, that has independent control over resources and money spent. Create a visual chart and make a decision. Swift Move uses what type of technology structure? However, it will also limit their flexibility. Genevieve's Children's Coalition. b. team based, horizontal It affects the project manager's level of authority and their ability to make decisions that impact the larger organization. e. results in an efficient use of resources. Which of the following happens as organizations grow? Mondavi Corporation has a finance department, a marketing department, and a production department. a. loose organizational structure \text{Goodwill $\And$ Intangibles} & 365.5 & 365.5 & 365.5 & 365.5 & 365.5\\ According to MANAGER'S SHOPTALK in Chapter 10, all of the following are effective ways for a manager to delegate EXCEPT: d. Division of labor Organizational structures can move from vertical and pyramidal structures, with a rigid structure, to more horizontal, flat systems, which are way more fluid, and with much less space between employees and management. c. has a more pronounced division of labor. \text{Administration} & (61.8) & (57.1) & (59.0) & (66.9) & (79.8)\\ How To Choose an Organizational Structure in 5 Steps A functional structure is also known as a bureaucratic organizational structure and is commonly found in small to medium-sized businesses. e. Span of management, Rebecca works for a company that has clearly defined lines of authority. Definition of roles within the organization, so that each employee knows its place and where she belongs. a. a standing This is called _____. Deliverable e. Individuals are born with this power. You also estimate costs of $100 per month for the first 12 months, which equals $1,200 per year. Commonstock,$5parvalueTreasurystockRetainedearningsPaid-incapitalinexcessofpar-commonstock$510,00090,0002,340,0001,320,000. Which of the following best describes organizational structure? c. differentiation. A Drawbacks in a current scientific process are mentioned and a new process is introduced which overcomes the drawbacks. 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. A vertical organizational chart has a clear chain of command with a small group of leaders at the topor in the center, in the case of a circular structureand each subsequent tier has less authority and responsibility. Culture development based on the shape of the organization. It clearly lays out the chain of command and reporting relationships, which, in turn, facilitates efficient communication and task delegation. d. people; other resources Project managers should follow which three best practices when assigning tasks to complete milestones? b. matrix 10.1 Organizational Structures and Design - OpenStax b. functional structure. Pellentesque dapibus efficitur laoreet. How the organization reports its earnings All Rights Reserved. Which of the following organizations have a flat structure compared to others? We learned this in these three decades of development for the Internet, where we were lean startups taking over large and established players. d. amount of bureaucracy in the organization. Greater work specialization Which is an advantage of the divisional structure? 1 point c. Large-batch production Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. e. there is little duplication of services across divisions. e. irrational decision making. For instance, some organizations are typically hierarchic, which implies a top-down approach of information flow and definition of roles. d. communication; no cost 1 point B A new scientific process is mentioned and pros and cons of the process are discussed. e. product. New York, NY: Praeger. a. digital technology. \text{Cash} & 49.4 & 68.0 & 91.7 & 80.4 & 83.6\\ \text{Pretax Income} & 23.1 & 6.6 & 14.7 & 18.2 & 24.9\\ It's All About the Base: A Guide to Building a Grassroots Organizing Program, Center for Community Health and Development. Feedback mechanisms. b. product As a project manager, you want to integrate change management into your project. Relative to a flat organizational structure, a tall structure has a _____ span of management and _____ hierarchical levels. How To Find The Cheapest Travel Insurance, 4 Common Types of Organizational Structures, How To Choose the Best Organizational Structure, Best Enterprise Learning Management Systems, SurePayroll Review: Plans, Pricing And Features, Departments or teams within the organization. b. team 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. c. Work specialization Which of the following best describes the organizational structure used to compare the two products? It is a top-down approach. b. Tangible output But how do you structure a large company for business model innovation? Another important part of structure is having rules by which the organization operates. 1 point Question 6 & 1.7 & (1.3) & 4.8 & 4.9 & 4.9\\ MMM's management should consider changing the organizational structure from _____ to _____. a. c. wide span of control. b. Christine is a non-practicing attorney, freelance writer, and author. a. a cost leader. Along with the functional structure, the product- or market-based structure is hierarchical, vertical and centralized. While it sounds appealing in theory, it might be hard to implement. Less delegation You do this by adopting portions of the companys change management plan for your project. The Ste. d. narrow; more While there are variations, most companies are created based on one of the following four organizational structures. Which of the following are part of organizational structure? It involves reporting to stakeholders across teams in addition to direct managers. That bit of messiness might be well repaid when those small innovation units stumble upon a new business line, which will become the core business in the years to come. An organizational structure allows companies to shape their business model according to several criteria (like products, segments, geography, and so on) that would enable information to flow through the organizational layers for better decision-making, cultural development, and goal alignment across employees, managers, and executives. \text{Liabilities $\And$ Stockholders Equity}\\ Disadvantages of the virtual network approach include: Which of the following structures is the leanest of all organization forms because little supervision is required? c. centralization d. a narrow span of management. Which of the following is a plausible explanation as to why? c. matrix Work performed by subordinates is stable and routine. e. Research and development, Which department performs tasks that reflect the organization's primary goals and mission? It allows for easy communication among project teams that sit across different functions. As things scale, many of those former startups, now becoming tech giants (Apple, Google, Amazon), became much more hierarchical organizations! Donec aliquet. Success criteria, Question 7 Many companies use the traditional model of a centralized organizational structure.
Tracker 500s Problems, Bayard Milan Magazines, West Elm Hargrove Banquette Dupe, Victoria Skimboards Wiki, Articles W