which of the following best describe organizational structure?
However, this change disrupts another team members work process: they need to do two additional tasks not related to the projects goal. 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. 1 / 1 point How members of the organization relate to and interact with one another How changes are implemented within the organization How the organization's identity and personality is demonstrated How leadership creates operational processes within the organization Correct An organizational structure is literally a chart or diagram that depicts the logistical organization of a company. d. leading e. all of these. c. narrow; wider Then, there is a manager appointed to oversee the team assigned to complete each project. Advantages of the matrix structure include: Unterman, I. Developing an Ongoing Board of Directors, Section 5. a. wide; fewer As a project manager, youre trying to take all the right steps to prepare for the project. a. service production Which of the following are important project management responsibilities? Donec aliquet. Based on the organizational structure the company will also have a different shape. 20122016 Financial Statement Data and Stock Price Data Although they both work on the assembly line, they have the authority to make many decisions about their job. You arent sure how this will affect the teams tasks. List of Excel Shortcuts c. differentiation We'd love to hear from you, please enter your comments. Communication across departments is poor and decisions are backing up at the top of the organization. Donec aliquet. Organization structure is defined as the: The _____ delineates the chain of command, indicates departmental tasks and how they fit together, and provides order and logic for the organization. The spirit of coalition building. The Leading Source of Insights On Business Model Strategy & Tech Business Models. You do this by adopting portions of the companys change management plan for your project. What step could the company have taken to avoid scope creep? \text{Sale (or purchase) of stock} & & & & & \\ c. direct contact with customers. Line \text{Accounts Payable} & 18.8 & 18.8 & 22.4 & 27.1 & 30.3\\ \text{Sales and Marketing} & (65.0) & (64.4) & (84.3) & (104.9) & (121.1)\\ Gina wishes to transfer authority and responsibility to her subordinates. Instead, the company will have a dedicated group of people that will be more independent or assigned to specific projects that are highly innovative. \text{Long-term Debt} & 498.9 & 498.9 & 572.2 & 597.5 & 597.5\\ Mission The result of this was a stronger emphasis on horizontal coordination. e. division of labor. c. divisional As a project manager, you want to integrate change management into your project. Salta can best be described as using what organizational structure? Your team develops software that meets the success criteria presented to you by your company's CFO. a. With the advent of the web, many of the dominant organizations were challenged by startups that used a much flatter organizational structure. A matrix structure offers flexibility, enables shared resources and fosters collaboration within the company. Using the formula (G-C) C = ROI, how would you calculate the projects return on investment (ROI) after the first 12 months? The work in Louise's department is low in task specialization. d. horizontal structure e. Geographic-based. e. None of these, Change and uncertainty in the environment are usually associated with _____. \text{Pretax Income} & 23.1 & 6.6 & 14.7 & 18.2 & 24.9\\ While the need for structure is clear, the best structure for a particular coalition is harder to determine. b. select the right person. a. delegate the whole task. c. continuous process 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 goals alignment across employees, managers, and executives. Lorem ipsum doloricitur laoreet. For instance, some organizations are typically hierarchic, which implies a top-down approach of information flow and definition of roles. 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. How members of an organization are compensated. \text{Cash from Operations} & 45.2 & 47.6 & 53.1 & 44.0 & 48.8\\ Question 8 b. standing committee To help her subordinates learn more about the different roles within the company, Shoshanna regularly assigns them tasks that are not part of their normal routine. It is also a powerful tool for executives to shape their organization toward desired goals and long-term objectives. a. virtual network C c. resources; the project A rigid structure Read Also:Matrix Organizational Structure In A Nutshell. d. Tall The startup culture has introduced flatter organization patterns. a. d. virtual network In contrast, his friend Rhonda, a customer service representative for YZ Retailers, has only four levels of management between her and the company CEO. Atmosphere It is important to deal with structure early in the organization's development. Unity of command principle b. narrow; fewer \text{Net Property, Plant $\And$ Equip.} With the functional structure, however, employees often communicate with individuals whose control they dont fall immediately under. 1. a. decentralized. But each task force is contributing to that mission in vastly different ways, with different objectives, and using different strategies. 1. b. production supervisor It affects the availability of resources that can be devoted to a project. Change management 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. c. Process approach Something went wrong. a. e. None of these. When departments are grouped together on the basis of organizational outputs, the organization is using a: Business model innovation is not an easy game. a. organization & Davis, R. (1984). c. divisional c. divisional Which of the following best describes what is meant by corporate governance? An organizational chart is a graphic that depicts the organizational structure. Each of the task forces has action committees as well. Less delegation c. vertical, team based 1 point ~How members of the organization relate to and interact with one another ~How changes are implemented within the organization ~How the organization's identity and personality is demonstrated How leadership creates operational processes within the organization A Question 2 You estimate it will cost $10,000 up front. Select all that apply. They have a coordinating council, a media committee, and three task forces, dealing with adolescent pregnancy, immunization, and child hunger. It has a linear reporting, which is similar to the structure of a military branch. The chart may include job titles or it can be personalized to include names and photos. In this broad spectrum of possibilities, consider: Where does your organization fit in? Theoretically, the organizational structure is critical for several reasons. Greater work specialization Fusce dui lectus, congue ve ve,
ctum vitae odio. Wherein a centralized organization the information flows from the top to the bottom of the organization linearly. \text{Common stock, \$5 par value} & \$\hspace{10pt}510,000\\ This would suggest that Tara's Terrace has a: d. Division of labor Nam lacinia pulvinar tortor nec facilisis. a. service It might make it difficult for owners and shareholders to understand whos accountable for what. Which of the following structures works best in an uncertain organizational environment? Which of the following refers to the degree to which organizational tasks are subdivided into individual jobs? c. Organization C with eight hierarchical levels 1. b. Unity of direction b. matrix structure. Also how far employees are from top management and how freely the information flows. a. amount of work specialization in an organization. e. Both Boars' Nest's structure is too loose and structure is too horizontal. b. coordination; organization It's not uncommon for a group to start with a steering committee, ask others to serve as board members, and then recruit volunteers who will serve as members of action committees. Which of the following questions can help project managers learn about a company's organizational culture? d. Subordinates are highly trained and need little direction. How does a companys organizational structure impact project management? c. communication; organization e. process-based, A formal chain of command for both functional and divisional relationships is provided by the _____ approach to structure. e. Organization E with seven hierarchical levels. In fact, a large organization has to keep its operations as efficient as possible to keep its operations make sense. Service production 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. Which of the following best describes organizational structure? Which answer best describes a Classic organizational structure? e. Delegation, Traditionally, a span of management of about _____ has been recommended. She has also written extensively on parenting and current events for the website Scary Mommy. It includes an internal group that defines and maintains project management standards across the organization. It is a type of organization that blends elements of a functional and divisional structure. a. a standing d. development of general management skills. \begin{array}{}\text{Percent of}\\\text{Net Sales}\end{array}\end{array} It can also foster inefficiency if product or market teams have similar functions, and without good communication across teams, companies run the risk of incompatibility among various product/market teams. GrosssalesReturnsandallowancesNetSalesCostofbeginninginventoryCostofpurchasesCostofendinginventoryCostofgoodssoldGrossProftTotalperatingExpensesNetincome. c. Large-batch production &\text{Cost of goods sold}&\underline{\qquad\qquad} \qquad\qquad\quad \underline{\qquad\qquad} \\ Agile e. Individuals are born with this power. Layoffs e. division of labor, Which of the following is the basis for grouping positions into departments and departments into the total organization? Which of the following best describes an example of successful change management? 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. Subordinates perform similar work tasks. Her organization uses the _____ approach to departmentalization. e. virtual network structure. How leadership creates operational processes within the organization. Below are three of the most important factors to consider in choosing among the best organizational structures for a business: A traditional line organizational structure is truly the place to start for most companies, especially the smaller ones that dont necessarily comprise a vast number of departments or require a major number of links in the chain of command/communication. a. And yet, over time, while with a tweaked organizational structure, they also turned into more hierarchical organizations! \text{Net Income} & 15.0 & 4.3 & 9.6 & 11.8 & 16.2\\ d. communication; no cost \text{Depreciation $\And$ Amortization} & 27.5 & 26.3 & 32.5 & 38.3 & 40.1\\ If you would like to change your settings or withdraw consent at any time, the link to do so is in our privacy policy accessible from our home page.. a. Functional approach Regulatory bodies, such as the SEC and PCAOB, that govern the behavior of corporations. Select all that apply. Indeed, any company which has a great organizational structure, but lacks the viability of its business model, wont go far. We and our partners use cookies to Store and/or access information on a device. a. divisional, teams Genevieve's Children's Coalition is a relatively large community-based group. d. seven b. diversification \text{Inventory} & 33.5 & 32.2 & 27.3 & 30.2 & 35.8\\ The line of authority \text{Assets}\\ e. team-based structure. Lorem ipsum dolor sit amet, consectetur adipiscingsque dapi, ultrices ac magna. a. Centralization; bottom For instance, a marketing specialist may have reporting obligations within the marketing and product teams. Meeting availability 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. Mondavi: Culture development based on the shape of the organization. Understanding and Writing Contracts and Memoranda of Agreement. Structural development can occur in proportion to other work the organization is doing, so that it does not crowd out that work. 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. As a project manager, you want to integrate change management into your project. d. BCG approach It refers to the traditional, top-down reporting structure with a clear chain of command. b. Nam risus ante, dapibus a molestie consequat, ultrices ac magna. b. She earned her J.D. Question 6 As a project manager, youre trying to take all the right steps to prepare for the project. However, instead of being structured around typical roles and job functions, it is structured around the companys products or markets. Typically this kind of organization is very bureaucraticand has a top-down approach. d. divisional 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. 1 point Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. b. along functional lines. While there are variations, most companies are created based on one of the following four organizational structures. Donec aliquet. d. A temporary committee Positions and departments are deleted. \begin{array}{}\text{Percent of}\\\text{Net Sales}\end{array}& d. virtual network structure. The geographical structure is a good option for companies with a broad geographic footprint in an industry where it is essential to be close to their customers and suppliers. Policies A functional structure is also known as a bureaucratic organizational structure and is commonly found in small to medium-sized businesses. Virtual network approach e. Responsibility principle, How does managerial authority flow through the organizational hierarchy? Feedback mechanisms. c. flexible. a. matrix Unity of command Which of the following organizations have a flat structure compared to others? Functional A functional structure is the most traditional approach. c. matrix b. team Project managers should follow which three best practices when assigning tasks to complete milestones? We learned this in these three decades of development for the Internet, where we were lean startups taking over large and established players. Christine is a non-practicing attorney, freelance writer, and author. Which of the following accurately describes how organizational structure impacts project management? The Structured Query Language (SQL) comprises several different data types that allow it to store different types of information What is Structured Query Language (SQL)? Question 10 Nichole's subordinates are spread over two locations and she has little available in the way of support systems. Agile To keep learning and advancing your career, the following CFI resources will be helpful: Within the finance and banking industry, no one size fits all. The organizational structure and responsibilities of the executive team and board of directors of a corporation. b. As someone interviewing for a project management role, you want to understand the organizational culture of the company you're interviewing with. c. Matrix structure Similar to the functional structure, the process-based structure is structured in a way that follows a products or services life cycle. An example of data being processed may be a unique identifier stored in a cookie. Thank you for reading CFIs guide to the Best Organizational Structures for a Business. He has two bosses, one a functional manager and the other a divisional manager. e. all of these. a. integration This structure can foster efficiency, teamwork and specialization, but it can also create barriers between the teams if communication isnt prioritized. Once you have that information, narrow down the options to the top two or three organizational structures that are most likely to be the best fit for the company. Where do you want to be? c. Formal c. staff authority b. planning The final tier is the team responsible for completing whatever project is set before them. c. fifteen \underline{\text{Income Tax}} & (8.1) & (2.3) & (5.1) & (6.4) & (8.7)\\ b. vertical functional Traditional A traditional line organizational structure is truly the place to start for most companies, especially the smaller ones that don't necessarily comprise a vast number of departments or require a major number of links in the chain of command/communication. d. matrix, networks It allows for easy communication among project teams that sit across different functions. Which of the following characteristics distinguishes authority? However, at the level of the bottler, once operations are established, Coca-Cola leaves them independent to run the business. Decentralized leadership can help companies remain agile and adapt to changing needs. a. flexibility; competitiveness Unity of command c. a high degree of centralization. e. Authority is static - it does not flow, The people with authority and responsibility are subject to reporting and justifying task outcomes to those above them in the chain of command. Select all that apply. Resource availability Those startups managed to build products much faster, with much less politicized, an iterative approach to growth, thus disrupting the incumbents. A health organizations committee focuses on increasing access and use of the youth clinic. b. a permanent \underline{\text{Cost of Goods Sold}} & (192.1) & (175.4) & (207.1) & (248.3) & (295.8)\\ The Community Tool Box is a service of the. d. Less response time, quicker decisions IncomestatementRevenueCostofGoodsSoldGrossProfitSalesandMarketingAdministrationDepreciation&AmortizationEBITInterestIncome(Expense)PretaxIncomeIncomeTaxNetIncomeSharesoutstanding(millions)EarningspershareBalanceSheetAssetsCashAccountsReceivableInventoryTotalCurrentAssetsNetProperty,Plant&Equip.Goodwill&IntangiblesTotalAssetsLiabilities&StockholdersEquityAccountsPayableAccruedCompensationTotalCurrentLiabilitiesLong-termDebtTotalLiabilitiesStockholdersEquityTotalLiabilities&StockholdersEquityStatementofCashFlowsNetIncomeDepreciation&AmortizationChg. MMM's management should consider changing the organizational structure from _____ to _____. d. all of these Organizational structures are essentially blueprints that reveal how companies are run and managed and how information is passed within the organization. Fill in the blank: During the planning phase of a project, you take steps that help you _____ to achieve your project goals. 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? Another important part of structure is having rules by which the organization operates. The debate over centralization vs. decentralization is still open. e. twenty, Shoshanna is manager of a customer service firm where she oversees five subordinates. b. the quality of collaboration across departments. The ability of a corporation's management team to meet earnings . Question 1 Which of the following best describe organizational structure? While most traditional companies run this kind of organizational structure, many startups that need to make sure its, 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, This type of organization still benefits from hierarchies, but it flattens them by generating an adaptable, What Is Samsungs Organizational Structure? c. Managers have to find ways to tie different departments. '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.". How members of the organization relate to and interact with one another This article describes the various types of organizational structures, the benefits of creating one for your business and specific elements that should be included. To create moonshots, you want to have a team organized around a few core principles: In some cases, organizations design their company to empower employees to take action as they are entrepreneurs. Course Hero is not sponsored or endorsed by any college or university. a. it increases employee participation. Donate now. c. weakened employee loyalty. Which of the following best describe organizational structure? For instance, Coca-Cola uses what I defined as a franchained business modelwhere its corporate structure is centralized. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. With the traditional structure, simplicity is the primary distinguishing feature. from University of WisconsinMadison, and she lives in the Chicago area with her family. 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. b. reengineering From that perspective, organizational structure helps address a broader scaling level for companies. b. five inInventoryChg. As it might make people report to several bosses within the same organization and the communication flow might become too challenging as this might also generate confusion in the executive and management. Moonshots do not have to be aligned with the core business model of the company. c. differentiation. So they can manage change effectively. Team based structure On the other hand, a circular organization chart looks like concentric circles with company leadership in the center circle. d. Centralization; middle The Tool Box needs your help While this sounds interesting in theory, for larger organizations where most of the activities are focused on keeping and maintaining existing processes intrapreneurship might not be viable if applied to the whole organization. Goals alignment that makes groups of people work in coordination to achieve common business objectives. Indeed, suppose we identify a corporation or startup as comprised of three main layers (product, business model, and organizational design). e. passing the buck. Make it black. 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 _____. For instance, large tech companies like Google have innovation units comprised of bets that seem completely unrelated to the companys current business model. d. All of these. We've just started a third, with the goal of increasing gun safety. e. team-based, virtual network, Flash Card Inc. recently underwent a significant company-wide change that involved revision of its manufacturing and leadership processes. Licensed under a Creative Commons Attribution-Noncommercial-Share Alike 3.0 United States License. 2. So they can communicate more effectively with teams Once this group generates a list of six or seven viable options, it will be disbanded. It follows a traditional, top-down reporting structure with a clear chain of command. Which answer best describes the Agile project management methodology? e. leadership, _____ refers to a clearly defined line of authority in the organization that includes all employees. e. continuous process production, _____ refers to the fact that services are perishable and cannot be stored in inventory. How changes are implemented within the organization e. career progress within functional departments. It affects the project manager's level of authority and their ability to make decisions that impact the larger organization. b. line authority A board of directors has been invaluable in helping keep the coalition financially viable. Commonstock,$5parvalueTreasurystockRetainedearningsPaid-incapitalinexcessofpar-commonstock$510,00090,0002,340,0001,320,000. 60 seconds. Organizational Capabilities, Key Personnel, and Qualifications Describe the organizational structure of the Tribe and its ability to manage the proposed project. Louise works in the manufacturing department at Ice Sculptures. Organizational culture e. service, The _____ is an organization structure that divides the major functions of the organization into separate companies. b. degree of formalization. Staff; line b. 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. This process is known as: These characteristics are consistent with which of the following structures? a. Makai's Marketing Mix (MMM) does not use its resources wisely. a. the ability of the organization to produce timely products.
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