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MBA 705 FINAL Questions with 100% Actual correct answers | verified | latest update | Graded A+ | Already Passed | Complete Solution

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MBA 705 FINAL Questions with 100% Actual correct answers | verified | latest update | Graded A+ | Already Passed | Complete Solution

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MBA 705 FINAL


strategy implementation 2 key points
- consider plan for implementation before adopting strategic alt

- greater the strategic change, the more complex the implementation


organizational structure
formal means by which work is coordinated in an organization

structure exists to provide control and coordinate for the org

simple structure
in a new business, each employee often performs multiple tasks and owner/ manager is
involved in all aspects of bus


vertical growth
The increase in the length of the organization's hierarchy is called


span of control
the number of employees reporting to a single manager


tall organization
comprised of many hierarchical levels and narrow spans of control


flat organization
has few levels in its hierarchy and a wide span of control from top to bottom.


centralization
most strategic and operating decisions are made by managers at the top of the org
structure

, Decentralization
most decisions are made by managers at lower levels of the org


horizontal growth
increase in breadth of an orgs structure


downsizing
occurs when one or more hierarchical levels is eliminated


structural forms
functional structure
product divisional structure
geographic divisional structure
matrix structure


functional structure
each subunit of the org engages in firm wide activities related to a particular function

common to new orgs

emphasizes specialitzation

fosters development of economies of scale


product divisional structure
Divides the organization's activities into self-contained entities, each responsible for
producing, distributing, and selling its own products.

Focus on products, the "real source" or success for the firm

Pinpointing the responsibility for profits or losses is also easier because each product
division becomes a profit center

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