Many of these rules may be explicitly stated, while others may be implicit and unstated, though not necessarily any less powerful. a. accountability. c. internal efficiency goals. The line of authority It clearly lays out the chain of command and reporting relationships, which, in turn, facilitates efficient communication and task delegation. MissMuffinsBakeryVerticalAnalysisofIncomeStatementfortheMonthsEndingJuly31,2012andJuly31,2013\begin{array}{} \text{Miss Muffins' Bakery}\\ An organization strives for internal efficiency with a(n) _____ strategy. Donec aliquet, View answer & additonal benefits from the subscription, Explore recently answered questions from the same subject, Explore documents and answered questions from similar courses. a. diversification approach b. line manager The four main types of organizational structures can be divided into functional, divisional, matrix, and flatarchy. b. Tangible output c. weakened employee loyalty. Theoretically, the organizational structure is critical for several reasons. The company does very little product customization. e. team-based, virtual network, Flash Card Inc. recently underwent a significant company-wide change that involved revision of its manufacturing and leadership processes. For example, an employee who specializes in a particular product might have both the functional reporting line and a geographic reporting line. b. has a geographic structure. 3)A process by which Cooper standardizes capabilities across all business . Instead, the company will have a dedicated group of people that will be more independent or assigned to specific projects that are highly innovative. Define organizational culture. c. geographic-based Relative to a flat organizational structure, a tall structure has a _____ span of management and _____ hierarchical levels. Organizational structures differ in terms of departmentalization, which is broadly categorized as either functional or divisional. a. functional c. wide span of control. Which of the following happens as organizations grow? d. tight vertical control While the need for structure is clear, the best structure for a particular coalition is harder to determine. Organization A with eleven hierarchical levels e. uses a matrix structure. \underline{\text{Cost of Goods Sold}} & (192.1) & (175.4) & (207.1) & (248.3) & (295.8)\\ e. career progress within functional departments. \text{Cash from Operations} & 45.2 & 47.6 & 53.1 & 44.0 & 48.8\\ Greater work specialization Which of the following typically is NOT considered a staff department? Organization B with three hierarchical levels e. Geographic-based. d. Matrix approach The result of this was a stronger emphasis on horizontal coordination. As someone interviewing for a project management role, you ask questions about how team members provide feedback to one another, ways the company celebrates success, and whether risk-taking is encouraged. Select all that apply. Stakeholder availability Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. It follows a traditional, top-down reporting structure with a clear chain of command. c. Manufacturing c. centralized at the top. d. vertical functional Pellentesque dapibus efficitur laoreet. Processes, Question 10 \text{Accounts Payable} & 18.8 & 18.8 & 22.4 & 27.1 & 30.3\\ Read Also:Matrix Organizational Structure In A Nutshell. a. service Editorial Note: We earn a commission from partner links on Forbes Advisor. Nam risus ante, dapibus a molestie consequat, ultrices ac magna. a. high concern for customers' needs. Flowcharts to illustrate the project's development process Select all that apply. Financial Modeling & Valuation Analyst (FMVA), Commercial Banking & Credit Analyst (CBCA), Capital Markets & Securities Analyst (CMSA), Certified Business Intelligence & Data Analyst (BIDA), Financial Planning & Wealth Management (FPWM), Best Organizational Structures for a Business. d. cost leadership Learn how to develop a framework that gives members clear guidelines on building organizational structure, and keeping the organization functional. \begin{array}{}\text{Percent of}\\\text{Net Sales}\end{array}\end{array} b. product a. team \text{Cash from Investing Activities} & (26.6) & (23.8) & (97.5) & (75.4) & (40.0)\\ &\text{Cost of ending inventory} &\underline{\qquad\qquad} \qquad\qquad\quad \underline{\qquad\qquad} \\ \text{Net Income} & 15.0 & 4.3 & 9.6 & 11.8 & 16.2\\ Theresa works in an organization where coordination across organizational units is poor and the units perceived themselves to be in competition with one another for organizational resources. 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. Moonshots do not have to be aligned with the core business model of the company. In business, what is the management framework within which decisions are made and accountability is determined? a. a cost leader. d. product-based However, this change disrupts another team members work process: they need to do two additional tasks not related to the projects goal. These characteristics are consistent with which of the following structures? d. team d. span of management Why should project managers learn about organizational culture? C . What is happening on this project? So how can all of these pieces be put together? c. flexible. 1 point a. lack of participative teams. Access to over 100 million course-specific study resources, 24/7 help from Expert Tutors on 140+ subjects, Full access to over 1 million Textbook Solutions. This structure has centralized leadership and the vertical, hierarchical structure has clearly defined . e. all of these, Which of the following structures is most consistent with a strategy of stability? Indeed, innovation spurs from the most unexpected places in many cases, and an organization that is not ready to capture it might be well disrupted in the future. right to left and top to bottom. _____ means that decision authority is located near the _____ of the organization. Companies, especially at a large scale, use a hybrid approach, where one part of the business is highly centralized, and other parts are, instead, highly decentralized. 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. Performance information may have changed since the time of publication. Also how far employees are from top management and how freely the information flows. c. easy pinpointing of responsibility for product problems. b. centralized decision-making. e. products rather than services. e. Span of management, The formal and legitimate right of a manager to make decisions is _____. c. degree of centralization. d. Small-batch production c. divisional structure. 1. b. planning 1 point Unterman, I. Typically this kind of organization is very bureaucraticand has a top-down approach. It refers to how a company is arranged, how job tasks are divided and coordinated, and how members of the organization relate to one another. d. all of these Adhocracy Culture e. functional approach, The _____ is an organization structure that divides the major functions of the organization into separate companies and coordinates their activities from a small headquarters organization. e. moderating manager, Lisa is responsible for coordinating the efforts of several different departments. Department manager Conversely, with a decentralized organizational structure, teams have more autonomy to make decisions and there may be cross-collaboration between groups. Organizational design is a critical puzzle for making a company successful. How the organization reports its earnings a. it generates a large amount of conflict. e. team-based structure. When the organization is structured along _____ lines, coordination is required. Permanent We've just started a third, with the goal of increasing gun safety. a. 1 point 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. b. along functional lines. Project managers should follow which three best practices when assigning tasks to complete milestones? d. spread through a wide span of management. The Ste. Feedback mechanisms, such as surveys, to capture stakeholder input A tight structure b. efficient. You estimate it will cost $10,000 up front. \text{Change in Cash} & 13.4 & 18.6 & 23.7 & (11.3) & 3.2\\ It also establishes clear expectations and has a well-defined chain of command. As a project manager, youre trying to take all the right steps to prepare for the project. Which of the following best describes the organizational structure used to compare the two products? Genevieve's Children's Coalition is a relatively large community-based group. Which answer best describes a Classic organizational structure? Donec aliquet. e. finances; products, Which of the following is not an approach to structural design that reflects different uses of the chain of command? a. Cross-functional \text{Assets}\\ b. The organization is in later stages of development, Prior member experience in working together, Member motivation to be part of the organization, Number of organization tasks or issues (broadness of purpose), There is no particular urgency to take action now, There is strong urgency to take action now, Often, one person will take the place of the coordinating council, or may serve as its head. d. evaluate and reward performance. Compared to YZ, Jacob's company has what type of organizational structure? The geographical structure enables the company to create bespoke organizational structures that align with the locations culture, language and professional systems. Regulatory bodies, such as the SEC and PCAOB, that govern the behavior of corporations. e. give thorough instruction. List of Excel Shortcuts Christine is a non-practicing attorney, freelance writer, and author. people are grouped according to their area of professional competence and specialization. \text{Total Current Liabilities} & 26.4 & 25.1 & 29.9 & 34.8 & 39.7\\ Functional organizations are referred to as pyramid structures since they are governed as a hierarchical, top-down control system. It might make it difficult for employees to understand their place in the organization. A company's schedule and plans c. centralization It is a type of organization where groups are organized according to the projects, or products the company focuses on. e. flat. Which of the following best describe organizational structure? & Davis, R. (1984). How can project managers navigate organizational culture while working on projects? \text{Total Liabilities} & 525.3 & 524 & 602.1 & 632.3 & 637.2\\ d. Functional; primary \end{array} c. coordination The final tier is the team responsible for completing whatever project is set before them. With a matrix organizational structure, there are multiple reporting obligations. e. all of these. A matrix structure describes an organization that has multiple reporting lines of authority. b. Decentralized leadership can help companies remain agile and adapt to changing needs. \underline{\text{Depreciation $\And$ Amortization}} & (27.5) & (26.3) & (32.5) & (38.3) & (40.1)\\ d. Organization D with six hierarchical levels Gina wishes to transfer authority and responsibility to her subordinates. 1 point You arent sure how this will affect the teams tasks. Classic examples of extremely centralized organizations are represented by Government and bureaucracies in general. c. Traditional divisions Information provided on Forbes Advisor is for educational purposes only. Get Certified for Commercial Banking (CBCA). Indeed, any company which has a great organizational structure, but lacks the viability of its business model, wont go far. Service production c. Matrix structure A functional structure A circular structure can promote communication and collaboration but can also be confusing, especially for new employees, because there is no clear chain of command. For that sake, designing a proper organizational structure also allows the execution of a companys business model. For instance, some organizations are typically hierarchic, which implies a top-down approach of information flow and definition of roles. Juan is a top manager at I.F.L., a matrix organization. Organ Rentals uses a _____ structure. Startups, on the contrary, opt more for a flatter organizational structure. a. economies of scale. Seeking supportsfor evaluation? c. There is good coordination across divisions. To run some parts of its business, it uses a different approach. 1 point With a flat organization structure, a person may report to more than one person and there may be cross-department responsibilities and decision-making authority. c. Horizontally b. This structure is organized by departments and expertise areas, such as R&D (research & development), production, accounting, and human resources. A company's shared values, mission, and history. Which of the following best describes an example of successful change management? b. the quality of collaboration across departments. \text{Treasury stock} & 90,000\\ c. department boss d. Division of labor \text{Inventory} & 33.5 & 32.2 & 27.3 & 30.2 & 35.8\\ As project manager, you approve a team members request to change the order of their tasks because they think it will be more efficient. There is one role at the top of the pyramid and the chain of command moves down, with each level decreasing in responsibilities and authority. HR adopts the new onboarding process that your project team was tasked to develop. c. Primary B A new scientific process is mentioned and pros and cons of the process are discussed. All information starts at the top and is passed down, typically from one individual to the next. c. term structure. b. the possibility of losing an important part of the organization. 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. c. Subordinates are located at various different locations. from University of WisconsinMadison, and she lives in the Chicago area with her family. Including Youth on Your Board, Commission, or Committee, Section 9. The matrix organizational structure described below is an example of a flat structure. c. delegation. e. An ad hoc committee. Your team develops software that meets the success criteria presented to you by your company's CFO. Module 2: Organizational Structure, by Pathfinder International, is a concise manual describing pros and cons, together with suggestions for how one might change the organizational structure one has. a. degree of formalization. Which of the following factors is NOT associated with larger span of control? You do this by adopting portions of the companys change management plan for your project. Welcoming and Training New Members to a Board of Directors, Section 6. d. people; other resources Commonstock,$5parvalue$510,000Treasurystock90,000Retainedearnings2,340,000Paid-incapitalinexcessofpar-commonstock1,320,000\begin{array}{lr} c. Boars' Nest uses a vertical structure. 2012& e. Span of management, Rebecca works for a company that has clearly defined lines of authority. Structured Query Language (known as SQL) is a programming language used to interact with a database. Excel Fundamentals - Formulas for Finance, Certified Banking & Credit Analyst (CBCA), Business Intelligence & Data Analyst (BIDA), Commercial Real Estate Finance Specialization, Environmental, Social & Governance Specialization, Cryptocurrency & Digital Assets Specialization (CDA), Business Intelligence Analyst Specialization, Financial Planning & Wealth Management Professional (FPWM). a. Departmentalization b. fast response, flexibility in an unstable environment. New York, NY: Praeger. Atmosphere d. defensive \begin{array}{}\text{Percent of}\\\text{Net Sales}\end{array}& With the advent of the web, many of the dominant organizations were challenged by startups that used a much flatter organizational structure. Which of the following refers to the degree to which organizational tasks are subdivided into individual jobs? b. Decentralization; top This employee has accountability in both directions. d. In a circular fashion d. chain of command An organizational structure is literally a chart or diagram that depicts the logistical organization of a company. a. Boars' Nest's structure is too loose. It refers to the traditional, top-down reporting structure with a clear chain of command. e. none of these, Marissa was recently assigned to a committee whose task is to research new product opportunities. 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. Which of the following accurately describes how organizational structure impacts project management? For instance, large tech companies like Google have innovation units comprised of bets that seem completely unrelated to the companys current business model. It's All About the Base: A Guide to Building a Grassroots Organizing Programfrom Community Catalyst. Your company is restructuring and you have been chosen to manage a key project. d. uses product-based structure. e. Task, Walt works for a large company. Virtual network approach b. vertical structure The debate over centralization vs. decentralization is still open. It has a linear reporting, which is similar to the structure of a military branch. &\text{Cost of beginning inventory}\\ Lorem ipsumm risus ants a molestie consequat, ultrices ac magna. 1. The consent submitted will only be used for data processing originating from this website. a. diversification approach d. A team-based structure The matrix structure violates which of the following principles of management?
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