Exam (elaborations)
MNGT 4800 Chapter 4 Questions with 100% Correct Answers | Verified | Latest Update 2024
- Course
- Institution
MNGT 4800 Chapter 4 Questions with 100% Correct Answers | Verified | Latest Update 2024
[Show more]
Content preview
MNGT 4800 Chapter 4One of the critical roles of management =>
determine the specific nature of each job position & its relevance to the strategic plan.
What are the three dimensions for each job position?
responsibilities, accountabilities, and authority
%
responsibilities
Spells out specific, primary activities the job holder will do; what does that job do within the firm.
accountabilities
To whom does the job holder report & how will they be judged with their role as job holder.
authority
Defines what the job holder is allowed to do independently and within a management role if
0
appropriate.
functional organizational structure
§ The roles of the firm are broken down by the type of activities & specific skills needed to succeed.
§ The firm would have a CEO with C-level officers representing various functional groups.
§ All functional jobs will be housed together so theoretically there will be better communications.
0
C-level officer types
CFO, CMO, CTO, COO
geographical organizational structure
This process would group operations according to where the company does business (Americas,
1
Asia, Europe, etc.)
Doesn't work if local information/knowledge isn't shared w/rest of firm.
o Usually bigger companies, more global
o Be careful of stereotyping
o A/P
A/P
§ Taking a geography for granted (negative)
§ Focus area (+)
§ Local competition (+)
matrix organizational structure
§ More orientated towards control.
§ Used when the specific operation is complex in nature & needs more than one point of contact.
§ Vital for constant & clear communications so all parties can address common issues without
surprises & with consensus.
§ Typically housed by mature employees/managers due to the complex requirements imposed by this
form.
Since there isn't an ideal structure,
then select the one that best works with your goals, personnel & culture.
Just because you have chosen one of these forms doesn't mean you are stuck with it if issues arise -
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller AnswersCOM. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $7.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
62890 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now
