c. vertical, team based Nam risus ante, dapibus a molestie consequat, ultrices, a molestie consequat, ultrices ac magna. \text{Accrued Compensation} & 7.6 & 6.3 & 7.5 & 7.7 & 9.4\\ 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. Based on the organizational structure the company will also have a different shape. A tight structure This would suggest that Tara's Terrace has a: Stakeholder availability When startups scale, they also tend to opt for a more hierarchical structure, as it becomes harder to keep a flat organizational structure at a large scale. Your financial situation is unique and the products and services we review may not be right for your circumstances. Inherent in any organizational structure also is a distribution of work. e. passing the buck. c. reengineering d. matrix structure. Other types of organizational structures comprise: The organizational structure will highly depend on the strategy of the company and the scale needed to achieve that. Which of the following best describes what is meant by corporate governance? Typically organizational structure can be categorized based on several parameters and priorities. More specifically, structure describes how members are accepted, how leadership is chosen, and how decisions are made. 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. d. development of general management skills. e. irrational decision making. Governance d. Manufacturing department \text{Cash from Financing Activities} & (5.2) & (5.2) & 68.1 & 20.1 & (5.6)\\ d. Functional Lorem ipsum dolor sit amet, consectetur adipiscing elit. 'Cause, you know, the strategies you use to stop a ninth grader from bringing a gun to school just aren't the same as the ones you use to stop a 40-year-old man on unemployment from beating his wife.". e. two-boss employee, _____ teams are brought together as a formal department in the organization. She earned her J.D. What tools can a project manager incorporate to assist in project adoption? a. lack of participative teams. 1 point A tight structure d. differentiation d. Division of labor \text{Total Liabilities} & 525.3 & 524 & 602.1 & 632.3 & 637.2\\ It is a type of organization that blends elements of a functional and divisional structure. b. degree of formalization. In your discussions, your answers to the following list of questions may guide your decisions. c. Decentralization Question 1 Which of the following best describe organizational structure? Which of the following best describes organizational structure? 1. When deciding which structure will work best for your company, consider the following: A functional organizational structure is one of the most common organizational structures. d. Top management becomes more autocratic. b. Donec aliquet. e. None of these, Change and uncertainty in the environment are usually associated with _____. So they can demonstrate how a project supports the company's mission and values a. digital technology. b. divisional, matrix 7 Organizational Structure Types (With Examples) - Forbes 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. c. virtual network approach Where culture matters to create valuable companies able to scale (remember, culture might work as the glue that keeps a large number of people working together), a business model is an enabler for that. Compared to YZ, Jacob's company has what type of organizational structure? d. The management chain Although they both work on the assembly line, they have the authority to make many decisions about their job. b. How the organization's identity and personality is demonstrated d. seven d. tight vertical control Select all that apply. b. fast response, flexibility in an unstable environment. 1 point Increased barriers among departments How are new employees onboarded? e. Divisional approach. Narrow b. Instead of information flowing down to the next level, information flows out to the next ring of management. _____ means that each employee is held accountable to only one supervisor. Where a small company can adapt more quickly to changing times. 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. Juan is a top manager at I.F.L., a matrix organization. c. internal efficiency goals. \text{Sale (or purchase) of stock} & & & & & \\ d. matrix The goal for business leaders is picking the structure that works best for their particular situation. \text{EBIT} & 55.5 & 38.4 & 46.7 & 55.2 & 65.8\\ e. Strategic planning, _____ departments include all of those that provide specialized skills in support of _____ departments. \text{Cash} & 49.4 & 68.0 & 91.7 & 80.4 & 83.6\\ Lorem ipsum dolor sit amet, consectetur adipiscing elit. Manage Settings a. For instance, Coca-Cola uses what I defined as a franchained business modelwhere its corporate structure is centralized. Unity of direction So they can manage change effectively. e. enlarged tasks for employees. d. flexibility. Question 6 It clearly lays out the chain of command and reporting relationships, which, in turn, facilitates efficient communication and task delegation. d. virtual network structure. Course Hero is not sponsored or endorsed by any college or university. Moonshots do not have to be aligned with the core business model of the company. Finance department b. has a geographic structure. c. It flows across the horizontal hierarchy. d. Subordinates are highly trained and need little direction. \underline{\text{Interest Income (Expense)}} & (32.4) & (31.8) & (32.0) & (37.0) & (40.9)\\ d. a narrow span of management. Indeed, when a company has established a viable business model, scaling up the employee base through organizational structure might enable the organization to operate at a much broader scale. It is likely structured: Which of the following refers to the deployment of organizational resources to achieve strategic goals? &\text{Gross sales} \\ e. Delegation, Traditionally, a span of management of about _____ has been recommended. They have a coordinating council, a media committee, and three task forces, dealing with adolescent pregnancy, immunization, and child hunger. d. all of these This kind of structure can benefit companies that have several product lines or markets, but it can be challenging to scale. 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. d. departmentalization. Finally, within each department, there are managers and employees. IncomestatementRevenueCostofGoodsSoldGrossProfitSalesandMarketingAdministrationDepreciation&AmortizationEBITInterestIncome(Expense)PretaxIncomeIncomeTaxNetIncomeSharesoutstanding(millions)EarningspershareBalanceSheetAssetsCashAccountsReceivableInventoryTotalCurrentAssetsNetProperty,Plant&Equip.Goodwill&IntangiblesTotalAssetsLiabilities&StockholdersEquityAccountsPayableAccruedCompensationTotalCurrentLiabilitiesLong-termDebtTotalLiabilitiesStockholdersEquityTotalLiabilities&StockholdersEquityStatementofCashFlowsNetIncomeDepreciation&AmortizationChg. Each employee knows that he or she has authority and responsibility for a distinct set of tasks. Unity of command principle Types of Organizational Structures | Advantages & Disadvantages It affects the client's criteria for success. Line; staff Louise works in the manufacturing department at Ice Sculptures. a. matrix Project managers should follow which three best practices when assigning tasks to complete milestones? They have a coordinating council, a media committee, and three task forces, dealing with adolescent pregnancy, immunization, and child hunger. d. team a. a cost leader. e. all of these. It is a type of organization born from the startup way of acknowledging more independence and autonomy to employees, where they are closer to the chain of command, and the decision-making process. b. divisional structure. 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. Finding the most appropriate organizational structure for a business depends on a number of factors. Wide b. the quality of collaboration across departments. Which of the following change management tools are designed to illustrate how the company's values, norms, and employees behavior may be affected by change? \text{Total Assets} & 780.3 & 779.6 & 859.9 & 903.1 & 917.0\\ When budgeting a project, what is the responsibility of a project manager? Fill in the blank: After the stakeholders assign the project manager, the goals of the project have to be approved, as well as the scope of the project and its _____. \text{Net Property, Plant $\And$ Equip.} d. Division of labor Stephanie works in one of seven research and development departments at Tara's Terrace, Inc. d. the quantity of goods produced by the organization. The employees at MMM spend too much time in meetings and not enough time focusing on the task at hand. 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. a. functional Deliverable Functional structure In a functional structure, organizations are divided into specialized groups with specific roles and duties. 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. 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. For instance, Googles 20% Project used to give its employees the freedom to pursue the products and projects they loved the most. b. \text{Common stock, \$5 par value} & \$\hspace{10pt}510,000\\ Makai's Marketing Mix (MMM) does not use its resources wisely. e. matrix structure. c. permanent committee In this broad spectrum of possibilities, consider: Where does your organization fit in? 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. c. divisional structure. d. uses product-based structure. Greater work specialization \text{Paid-in capital in excess of par-common stock} & 1,320,000\\ Those startups managed to build products much faster, with much less politicized, an iterative approach to growth, thus disrupting the incumbents. Question 3. d. small-batch production e. Specialization, Jacob, a customer service representative for AB Retailers, has seven levels of management between himself and the company's CEO. c. First-level supervisor Employees are also aware of the company's reporting structure as well as successive management levels all the way to the top. e. defensive, A pure functional structure is most appropriate for achieving: inAccountsReceivableChg. Relative to a flat organizational structure, a tall structure has a _____ span of management and _____ hierarchical levels. e. Tall structure. \text{Net Income} & 15.0 & 4.3 & 9.6 & 11.8 & 16.2\\ Please try again later. b. Using the formula (G-C) C = ROI, how would you calculate the projects return on investment (ROI) after the first 12 months? Running to reduce weight is an example of a(n) _________motivated activity; running because it "feels good" is an example of a(n) _________motivated activity. Unterman, I. a. team How does a companys organizational structure impact project management? Nam lacinia pulvinar tortor nec facilisis. a. functional Identifying internal strengths and weaknesses involves considering financial, physical, human, and organizational assets. Many companies use the traditional model of a centralized organizational structure. e. controlling. Organizational Structure: An Overview, Developing a Strategic Plan and Organizational Structure, Chapter 9. a. loose organizational structure C b. d. amount of bureaucracy in the organization. d. Project manager c. virtual organization 1 / 1 point It involves reporting to stakeholders across teams in addition to direct managers. You might be using an unsupported or outdated browser. Fill in the blank: According to a 2017 Project Management Institute study, industries like manufacturing, construction, information technology, publishing, finance, and oil and gas are experiencing _____ with project management jobs. Permanent Learn more. a. encourages decentralization. The organizational structure and responsibilities of the executive team and board of directors of a corporation. d. A team-based structure B A new scientific process is mentioned and pros and cons of the process are discussed. For instance, the structure can be broken down into R&D, product creation, order fulfillment, billing and customer services. c. geographic d. Matrix approach Put it in the bottom right corner of the design. \text{Treasury stock} & 90,000\\ b. customer-induced d. spread through a wide span of management. Commissions do not affect our editors' opinions or evaluations. In a _____ organization, the entire work flow is mechanized in a sophisticated and complex form of production technology. In times of crisis or risk of company failure, authority should be: a. Boundarylessness This level of change is referred to as _____. And it can occur in parallel with, at the same time as, your organization's growing accomplishments, so they take place in tandem, side by side. The organizational structure often shows the chain of command and how information moves within the company. New York, NY: Praeger. Team based structure b. It differs from the traditional line structure by means of the existence of established channels for the horizontal sharing of information and direction, with a substantial increase in the sheer number of lines of communication. 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. efficient. e. functional approach, In the _____ structure, the organization is viewed as a central hub surrounded by a network of outside specialists which are sometimes spread all over the world. "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. \underline{\text{Depreciation $\And$ Amortization}} & (27.5) & (26.3) & (32.5) & (38.3) & (40.1)\\ b. planning What step could the company have taken to avoid scope creep? c. authority In diagram form, a complex organization might look like this: As smaller size means fewer people, these groups are usually less complex, as they have less need for a formal hierarchy and instead have governance that is consensus-based. The traditional organizational structure is best suited to small businesses that, again, comprise a fairly small number of departments and a limited number of employees. The result of this was a stronger emphasis on horizontal coordination. With the functional structure, however, employees often communicate with individuals whose control they dont fall immediately under. At the same time, its important that the company keeps looking at business model innovation as a long-term survival mechanism. Which of the following structures is the leanest of all organization forms because little supervision is required? \underline{\text{Chg. in Payables $\And$ Accrued Comp.}} e. functional or divisional, The outcome of information and cooperation is _____. e. Organization E with seven hierarchical levels. The ability of a corporation's management team to meet earnings . Policies Coordination is defined as: d. Teams All of the following are advantages of a divisional structure EXCEPT: b. has a higher degree of work specialization. Indeed, any company which has a great organizational structure, but lacks the viability of its business model, wont go far. 1 point You also estimate costs of $100 per month for the first 12 months, which equals $1,200 per year. Tick Tock, Inc. has a _____ structure. Rundown (7AM) | ANC (1 May 2023) | May - Facebook e. team-based structure. e. flexibility; coordination. Understanding and Writing Contracts and Memoranda of Agreement. d. top leader Define organizational culture. e. a lack of hands-on control and weakened employee loyalty. &\text{Total perating Expenses}&\quad \underline{\qquad\qquad} \qquad\qquad\quad \underline{\qquad\qquad} \\ Fill in the blank: During the planning phase of a project, you take steps that help you _____ to achieve your project goals. Innovative Creations Corporation is designed along functional lines. Extend the income statement for Miss Muffins' Bakery to include a vertical analysis for 201220122012 and for 201320132013. A functional structure a. To be successful, the differentiation business-level strategy must If applicable, include resumes and scope of work for consultants that e. teams, networks. 4 Types of Organizational Structure: Definitions and Examples e. None of these. A mechanistic structure It affects the project manager's level of authority and their ability to make decisions that impact the larger organization. \text{Administration} & (61.8) & (57.1) & (59.0) & (66.9) & (79.8)\\ Which of the following titles best describes her position?

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