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Mgmt 10 Exam With Complete Solution

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Mgmt 10 Exam With Complete Solution

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  • January 17, 2025
  • 5
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
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Q&A


Mgmt 10 Exam With Complete Solution

why do you need a structure in the first place - Answers when
organizations grow in size they need STRUCTURE, they need hierarchy to
enable accountability



organizational structure - Answers The formalized patterns of
interactions that link a firm's tasks, technologies, and people



simple structure - Answers An organizational form in which the
owner-manager makes most of the decisions and the staff serves as an
extension of the top executives



advantages of simple - Answers highly informal

highly centralized on the manager

it fosters creativity



disadvantages of simple - Answers conflict and confusion over
responsibilities

limited opportunities for upward mobiliy



centralization and decentralization - Answers in centralized
structures, the CEO has a lot of decision-making power. In decentralized
structures, the power is transferred at the bottom

, Q&A

structural problems and solutions - Answers Growth in revenues and
employees drives the shift from a simple structure to a functional structure
to increase efficiency. Effective also in need of high vertical integration



functional structure - Answers An organizational form in which the
major functions of the firm, such as production, marketing, R&D and
accounting, are grouped internally



advantages of functional structure - Answers coordination and
control of functional areas

efficient use of technical talent

career paths in specialized areas



disadvantages of functional structure - Answers difficult
communication and coordination across funcitons

narrow functional orientation

different performance standards



structural problems for functional specialization - Answers :
functional specialization creates different performance standards, that
create conflict in the organization



structural problems and solutions of functional strusture - Answers
Diversification into related products or markets drives the change from a
functional structure to a divisional structure

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