Organizational Structure Defined An organizational structure is a composition that specifies a company’s hierarchical structure. There are various kinds of conformations that organizations can choose to build their business around. The organizational structure exemplifies the way in which control and business affairs have been appointed within the organization. Organizational structure encompasses the design of an organization though people positioning and responsibilities in order
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McDonald’s Organizational Structure In 1940‚ Richard and Maurice McDonald opened the first McDonalds Bar-B-Q restaurant in San Bernardino‚ California. McDonalds offered hamburger‚ cheeseburgers‚ soft drinks‚ coffee‚ potato chips‚ and pie‚ which their big seller at that time was their 15-cent hamburger. McDonald’s achievement is constructed on the groundwork of personal and professional integrity. In 1955‚ a businessperson named Ray Kroc purchased the company from Richard and Maurice and began to
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Organizational structure is the way a business organizes their companies and employees so work and goals can be accomplished on a short and long term basis. They are determined and influenced by certain functions within the organization. These functions include marketing‚ finance‚ human resources‚ and operations. Also to determine the design of the structure for the organization your look at the geographic‚ customer-base‚ products and services offered‚ separate departments‚ and more. In this paper
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The Home Depot’s Organizational Structure Danielle Weadd MGT/230 December 10‚ 2012 Chenise Hamilton Introduction To have a successful organization‚ companies need to have an organizational structure. Organizational structure is used as a foundation to ensure each department as well as employees knows the proper direction to take. The Home Depot is one of the largest home improvement retailers in the world. Home Depot is one company that incorporates organizational structure in their day- to
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ORGANIZATION STRUCTURE CHAPTER OBJECTIVES After reading this chapter‚ students should be able to: 1. Identify the six key elements that define an organization’s structure. 2. Describe a simple structure. 3. Explain the characteristics of a bureaucracy. 4. Describe a matrix organization. 5. Explain the characteristics of a “virtual” organization. 6. Summarize why managers want to create boundaryless organizations. 7. List the factors that favor different organization structures. 8. Explain the
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1) What variables have to be considered in designing the organizational structure for international operations? How do these variables interact‚ and which do you think are the most important? The major variables which have to be considered are the firm’s strategy‚ size‚ and appropriate technology as well as the environment in those parts of the world in which the firm operates. Additional variables include geographic dispersion‚ differences in time‚ language‚ cultural attitudes and business practices
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Introduction The design of a company affects every aspect of the business such as the way its members communicate‚ how decisions are made‚ and how the work is delegated‚ etcetera (Dictionary.com‚ 2006). This layout is known as the organization structure formally defined by Wikipedia (2006) as‚ "the way in which the interrelated groups of an organization are constructed. From a managerial point of view the main concerns are ensuring effective communication and coordination." In respects to project
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OrganizationalOrganizational structure is needed in organizations to arrange employees and their jobs in a certain category to help meet business goals and needs. Procedures are established that assign responsibilities for various functions. These decisions help determine organizational structure (Madapusi‚ 2008). Organizational structure allows greater effectiveness in organizations. Different types of organizations such as Baker Hughes Drilling Fluids‚ Atlanta Memorial Hospital‚ Doyenne Constructors
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{text:bookmark-start} Running head: ORGANIZATIONAL {text:bookmark-end} STRUCTURE Organizational Structure Romanoff‚ T. Axia College of University of Phoenix MGT 330 Management: Theory‚ Practice and Application Peter Espeut October 26‚ 2009 Organizational Structure Planning and organization are crucial for an organization to achieve maximum effectiveness and success. Microsoft Company‚ for instance‚ has an organizational structure consisting of board of directors who include
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Organizational Structure Carolyn Maguire MGT/230 May 20‚ 2013 David Dunyon Organizational Structure Organizational structure is very important to any company‚ it guarantees longevity and efficiency. Apple Inc. was incorporated in California on January 3‚ 1977 (Apple‚ 2013) and first came on the scene with the release of Apple I. Steve Jobs and Steve Wozniak were the creators of this cutting edge technology and both men were seemingly college dropouts (No Stop Technology - The Apple Fan Site
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