Chapter 10 Basic Organizational Design Once managers are done planning‚ then what? This is when managers need to begin to “work the plan.” And the first step in doing that involves designing an appropriate organizational structure. This chapter covers the decisions involved with designing this structure. Focus on the following learning outcomes as you read and study this chapter. LEARNING OUTCOMES 10.1 Describe six key elements in organizational design. 10.2 Contrast mechanistic and
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asserts an organization develops based on its size‚ its technology and its environmental requirements. (para.2) Borgatti includes degrees and types of horizontal and vertical differentiation‚ control and coordination mechanisms‚ formalization and centralization of power as determinants of organizational structure. (para.1) Peguin (2003) supports Borgatti when commenting on horizontal and vertical differentiation by describing the
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CASE SUMMARY PROBLEM STATEMENT PROBLEMS IDENTIFIED 1. Autocratic Leadership Mr. Lok is a very domineering individual. He has this dictatorial style to manage the estate. He likes to control over all decisions and little inputs from his subordinates. He makes decision based on his own ideas and judgement and rarely accepts others. Besides‚ with his 26 years working experiences and his agricultural and technical expertise‚ he feels that he has the capability to accomplish every related task
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A NEW KIND OF STRUCTURE CASE STUDY Question 1: Describe and evaluate what Pfizer is doing? Pfizer is the world’s largest research -based pharmaceuticals firm and also a well-known pharmaceutical company. So their most of the work depends on research‚ developing strategies and innovate. They were trying to find a new way of system which makes their work more effective and efficient. Pfizer find out that their worker spends more time on business research and data analysis to the creation of documents
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Suggest about a long term plan/strategy including vision‚ mission and objectives by using situational analysis Advise about fundamental characteristics of organizing such as organization structure‚ work specialization‚ chain of command‚ span of management‚ and centralization versus decentralization. Evaluate how leadership is changing and is important in today ’s organizations. Identify organization control Task no. Evidence 1 3 1.2.2 1 7 1.2.3 1 9 1.2.4 1 10 2.2.1 Suggest about segmenting
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What is Five Forces Analysis? Describe each in detail and use your own small example to illustrate. The Five Forces Analysis is Porter’s model and is used in a business situation. The purpose of this analysis is to diagnose the competitive pressures in a market and assess how strong and important each one is to the firm. This analysis consists of; Threat of New Entrants‚Bargaining Power of Suppliers‚ Bargaining Power of Buyers‚ Threat of Substitute Products‚ Threat of Potential New Entry‚ and
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1. The Sarbanes-Oxley Act of 2002 requires that management of publicly traded companies: report on the adequacy of the company’s internal controls over financial reporting. use investment centers to evaluate top managers. compensate managers with fixed compensation plans only. eliminate stock options for managerial compensation. 2. In general‚ there is a direct relationship between the quality of the information provided to managers and the quality of decisions
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the organization is said to be decentralized. (True; moderate; p. 272) 8. The concept of centralization-decentralization is absolute. (False; moderate; p. 272) 9. When effective implementation of company strategies depends on managers having involvement and flexibility to make decisions‚ the company is probably more decentralized. (True; moderate; p. 272) 10. A term for increased decentralization is employee empowerment‚ which is giving employees more authority to make decisions. (True;
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IBUS/MARK 462 SECOND EXAM – WINTER 2013 STUDY QUESTIONS A. Definitions –four will be chosen for the exam Transaction exposure: The extent to which income from individual transactions is affected by fluctuations in foreign exchange values. Balance-of-trade equilibrium: Reached when the income a nation’s residents earn from exports equals money paid for imports. Spot exchange rate: The exchange rate at which a foreign exchange dealer will convert one currency into another that particular
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to maintain. You are describing the ________. A) matrix structure B) simple structure C) bureaucracy D) team structure E) organizational pyramid Answer: B 4. Which one of the following is consistent with a simple structure? A) high centralization B) high horizontal differentiation C) high employee discretion D) standardization E) bureaucracy Answer: A 5. Which of the following is not a weakness of the simple structure? A) It is risky. B) It is prone to information overload.
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