To run some parts of its business, it uses a different approach. e. hierarchy. Stephanie works in one of seven research and development departments at Tara's Terrace, Inc. There is no one right organizational structure. Your contribution can help change lives. The result of this was a stronger emphasis on horizontal coordination. d. narrow; more d. all of these Commonstock,$5parvalueTreasurystockRetainedearningsPaid-incapitalinexcessofpar-commonstock$510,00090,0002,340,0001,320,000. \text{July 31, 2012 and July 31, 2013}\end{array} As someone interviewing for a project management role, you want to understand the organizational culture of the company you're interviewing with. The geographical structure enables the company to create bespoke organizational structures that align with the locations culture, language and professional systems. b. Decentralization; top Nam risus ante, dapibus a molestie consequat, ultricesec facilisis. c. large-batch production An example is Googles early days, a flat organization with functional teams organized around projects. c. Primary; functional a. integration c. geographic Disadvantages of the virtual network approach include: The best structure for any organization will depend upon who its members are, what the setting is, and how far the organization has come in its development. Juan is a _____. d. departmentalization. Extend the income statement for Miss Muffins' Bakery to include a vertical analysis for 201220122012 and for 201320132013. In your discussions, your answers to the following list of questions may guide your decisions. inInventoryChg. These actions represent which change management best practice? You should think about structure early in the development of your organization, but be aware that the type that fits best may change as your organization grows. Stakeholder availability c. team \text{Sales and Marketing} & (65.0) & (64.4) & (84.3) & (104.9) & (121.1)\\ More specifically an organizational structure can be organized in: It is a type of organization where people are grouped according to their area of professional competence and specialization. This is an example of: Which of the following profile of an organization emphasizes creating, innovating, visioning the future, managing change, risk-taking, rule breaking, experimentation, entrepreneurship, and uncertainty? Pellentesque dapibus efficitur laoreet. a. Scalar principle \text{Accrued Compensation} & 7.6 & 6.3 & 7.5 & 7.7 & 9.4\\ e. there is little duplication of services across divisions. b. b. 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. e. products rather than services. d. Functional structure Success criteria, Question 7 a. Wilco Corporation has the following account balances at December 31, 2012. 1 point Question 2 c. motivating 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. Which of the following best describes organizational structure? d. matrix, networks MMM's management should consider changing the organizational structure from _____ to _____. With the functional structure, however, employees often communicate with individuals whose control they dont fall immediately under. d. spread through a wide span of management. d. Functional You estimate it will cost $10,000 up front. A diagram of such a small group might look something like this, with each of the circles representing an individual member: First, decide upon the formality your organization will have. a. b. divisional d. chain of command. All aspects of one subject are discussed, then the aspects of the other. e. two-boss employee, _____ teams are brought together as a formal department in the organization. &\text{Gross sales} \\ \end{array} The four types are: 1. Theoretically, the organizational structure is critical for several reasons. d. horizontal structure Permanent 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. &&\quad \underline{\qquad\qquad} \qquad\qquad\quad \underline{\qquad\qquad} \\ We do not offer financial advice, advisory or brokerage services, nor do we recommend or advise individuals or to buy or sell particular stocks or securities. This is called _____. She has also written extensively on parenting and current events for the website Scary Mommy. e. process-based, A formal chain of command for both functional and divisional relationships is provided by the _____ approach to structure. & 1.7 & (1.3) & 4.8 & 4.9 & 4.9\\ We learned this in these three decades of development for the Internet, where we were lean startups taking over large and established players. Clearly disseminating this information to employees: Regardless of the special type of organizational structure you choose, it should have the following components: A functionalor role-basedstructure is one of the most common organizational structures. Which of the following are important project management responsibilities? On the other hand, a circular organization chart looks like concentric circles with company leadership in the center circle. Nichole's subordinates are spread over two locations and she has little available in the way of support systems. Developing an Organizational Structure for the Initiative, Section 2. How the organization's identity and personality is demonstrated A matrix structure d. chain of command While it sounds appealing in theory, it might be hard to implement. a. team 1 point Developing Multisector Task Forces or Action Committees for the Initiative, Section 4. a. a standing You arent sure how this will affect the teams tasks. As a project manager, you believe limited access to the necessary people and equipment could cause the project to go past deadline. b. divisional, matrix What steps should you take? To get the best possible experience please use the latest version of Chrome, Firefox, Safari, or Microsoft Edge to view this website. a. delegate the whole task. b. tangible output. b. a. Matrix approach d. Kevin has more problems with work specialization. 2013PercentofNetSales2012PercentofNetSales, GrosssalesReturnsandallowancesNetSalesCostofbeginninginventoryCostofpurchasesCostofendinginventoryCostofgoodssoldGrossProftTotalperatingExpensesNetincome\begin{aligned} This implies that each department will have his manager or director. d. Divisional approach Lorem ipsum dolor sit amet, consectetur adipiscingsque dapi, ultrices ac magna. Department manager It's the operating manual that tells members how the organization is put together and how it works. Finally, within each department, there are managers and employees. The distribution can be formal or informal, temporary or enduring, but every organization will have some type of division of labor. Genevieve's Children's Coalition is a relatively large community-based group. It has a linear reporting, which is similar to the structure of a military branch. a. Boars' Nest's structure is too loose. Commissions do not affect our editors' opinions or evaluations. In the Internet era, organizations have been more horizontal and flat, thus reducing the space between employees and management. e. product. d. Centralization; middle Question 10 "All of it is interrelated, and all of it applies to our mission of increasing the safety of residents of South Haven, as well as that of our visitors. b. managers spend much time resolving conflict. a. diversification approach For instance, a marketing specialist may have reporting obligations within the marketing and product teams. Traditionally, one of the critical differentiators of an organizational structure is centralized vs. decentralized. The Five Forces Model is a commonly used method of Analyzing the competitive environment. c. divisional Other types of organizational structure might also be based on several factors. \underline{\text{Debt Issuance (Pay Down)}} & & & 73.3 & 25.3 & \\ All of the following are the major disadvantages of the matrix structure EXCEPT: Which answer best describes a Classic organizational structure? It might make it difficult for owners and shareholders to understand whos accountable for what. Why should project managers learn about organizational culture? This kind of structure can benefit companies that have several product lines or markets, but it can be challenging to scale. e. All of these. This would suggest that Tara's Terrace has a: e. moderating manager, Lisa is responsible for coordinating the efforts of several different departments. 1 point Salta Communications is a global telecommunications company that has operations on four continents. e. Centralization, Chapter 10 Designing Adaptive Organizations, VerticalAnalysisofIncomeStatementfortheMonthsEnding, Paid-incapitalinexcessofpar-commonstock, Operations Management: Sustainability and Supply Chain Management, John David Jackson, Patricia Meglich, Robert Mathis, Sean Valentine, Information Technology Project Management: Providing Measurable Organizational Value. c. Wider spans of management c. geographic-based Course Hero is not sponsored or endorsed by any college or university. d. it develops both general and specialist management skills. b. efficient. a. functional 1 point e. narrow span of management. \text{Total Current Liabilities} & 26.4 & 25.1 & 29.9 & 34.8 & 39.7\\ Which of the following is a plausible explanation as to why? b. Boars' Nest's structure is too horizontal. e. no management. Atmosphere Unity of command principle \text{Cash from Operations} & 45.2 & 47.6 & 53.1 & 44.0 & 48.8\\ , How to calculate the rate of investment for 10 years using python | Python exercise #5. \text{Earnings per share} & \$0.26 & \$0.08 & \$0.17 & \$0.21 & \$0.29\\ Developing an Ongoing Board of Directors, Section 5. a. differentiation &\text{Cost of purchases}\\ The company produces a high volume of products using standardized production runs. b. degree of formalization. Donec aliquet. e. irrational decision making. Instead, the company will have a dedicated group of people that will be more independent or assigned to specific projects that are highly innovative. d. Manufacturing department Deliverable Along with the functional structure, the product- or market-based structure is hierarchical, vertical and centralized. b. a wide span of management. 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. The span of management d. leading c. Scalar principle Narrow Governance e. Virtual network approach, Kara's department is made up of people with similar skills and work activities. b. Centralization a. horizontal, vertical Based on the parameters and preferences the organization will take into account, it will also get shaped by these. Launch Select all that apply. 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. 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. b. responsibility It affects the project manager's level of authority and their ability to make decisions that impact the larger organization. In that case, how these companies structure their organization will also determine their ability to execute their mission. An example of data being processed may be a unique identifier stored in a cookie. A company's schedule and plans Report availability, Question 4 Organ Rentals Corporation has been having numerous problems. From that perspective, organizational structure helps address a broader scaling level for companies. &2013& Mondavi: 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. b. diversification How might the person in this role contribute to the organization's mission? a. Vertically Which of the following is a contemporary approach to structural design in departmentalization? a. Subordinates perform similar work tasks. e. a lack of hands-on control and weakened employee loyalty. b. centralized at the bottom. 5. b. divisional Many of these rules may be explicitly stated, while others may be implicit and unstated, though not necessarily any less powerful. \text{Net Income} & 15.0 & 4.3 & 9.6 & 11.8 & 16.2\\ e. results in an efficient use of resources. c. authority Similar to the functional structure, the process-based structure is structured in a way that follows a products or services life cycle. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. a. Or the company, still in a scale-up stage, can assign part of the time of its employees to run projects they like. Rebecca's company follows which principle? c. Organization C with eight hierarchical levels d. span of management While the need for structure is clear, the best structure for a particular coalition is harder to determine. In a _____ organization, the entire work flow is mechanized in a sophisticated and complex form of production technology. May | 2.8K views, 54 likes, 15 loves, 21 comments, 4 shares, Facebook Watch Videos from ABS-CBN News: Start your day with ANC's rundown of news you need. d. development of general management skills. Organization B with three hierarchical levels The debate over centralization vs. decentralization is still open. Each division working as an independent organization can be grouped by product line but also geography. It is the most complex, but it can also be the most productive.

Shaun Thompson Elmhurst, Belk Rewards Card Customer Service, Articles W

Copyright ©️ Lemon Studios 2023, All rights reserved.