10. List and define the basic organizational structures.
Organizational structure is organizational subunits and the way they relate to the overall organization. The types of organizational structures normally include the following: Traditional Organizational Structure
Also called “hierarchical structure” – which is like a managerial pyramid where the hierarchy of decision making and authority flows from the strategic management at the top down to the operational management and non-management employees. Project Organizational Structure
A structure centered on major products and services.
Team Organizational Structure
A structure centered on work teams or groups.
Virtual Organizational Structure
A structure that uses individuals, groups, or complete business units in geographically dispersed areas; these groups can last for a few weeks or years, often requiring telecommunications and the Internet. 11. Sketch and briefly describe the three-stage organizational change method.
12. What is downsizing? How is it different from outsourcing? Downsizing is reducing the number of employees to cut costs, while outsourcing involves contracting with outside professional services to meet specific business needs. 13. What are some general strategies employed by organizations to achieve competitive advantage? Competitive advantage is a significant and ideally long-term benefit to a company over its competition. The five-forces model is a widely accepted model that indentifies five key factors that can lead to attainment (achievement) of competitive advantage which are the following: The rivalry among existing competitors
The threat of new entrants
The Threat of substitute products and services
The bargaining power of buyers
The bargaining power of suppliers
The more of these forces combine in any instance, the more likely the organization will seek competitive advantage and the more dramatic the results of such an advantage would be. Some general strategies employed by organizations to achieve this competitive advantage are the following: Cost Leadership
Altering the industry structure
Creating new products and services
Improving existing product lines and services
Amongst other strategies
14. List and describe popular job-finding strategies.
Attending on-campus visits from recruiters and referrals from professors. Friends
Developing an online resume
Resume incorporating the proper key words and skills
Using multiple websites (Dice.com, CareerBuilder.com, TheLadders.com, etc.) Some websites allow for you to post your resume.
Social Networking sites – Facebook, Myspace, Twitter, LinkedIn, etc. Corporate recruiter use Web Logs (Blogs) to gather potential candidates. 15. Define the term “productivity.” How can a company best use productivity measures? The term productivity means a measure of the output achieved divided by the input required. A higher level of output for a given level of input means that you have a greater productivity level, on the other hand, a lower level of output for a given level of input means you have a lower productivity level. A company can best use these productivity measures to enforce corrective action if productivity drops below certain levels. Also, measuring productivity levels, an information system setup can be used within a process to significantly increase productivity. 16. What is on-demand computing? What two advantages does it offer to a company? On-demand computing is contracting for computer resources to rapidly respond to an organization’s varying workflow. It is additionally called on-demand business and utility computing. Two advantages that on-demand computing has to offer a company would be: 1.This approach can save money because the organization does not pay for systems that...