100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
MGMT 301 Exam #3 PSU || with 100% Errorless Answers. CA$16.01   Add to cart
Quickly navigate to
Preview
  2.  
  3. MGMT 301
  4.  
  5. MGMT 301

Exam (elaborations)

MGMT 301 Exam #3 PSU || with 100% Errorless Answers.
 7 views  0 purchase
  • Course
  • MGMT 301
  • Institution
  • MGMT 301

Where can structure be applied? correct answers Everywhere Structure Defined correct answers Anything that is composed of parts arranged together in some way Organizing Defined correct answers The arranging of tasks, people, and other resources to accomplish the work. (this requires structure...

[Show more]

Preview 2 out of 8  pages

Document information

  • September 12, 2024
  • 8
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

  • where can structure be applied

Written for

  • MGMT 301
  • MGMT 301

Seller

avatar-seller
FullyFocus

Reviews received

Content preview

MGMT 301 Exam #3 PSU || with 100% Errorless Answers.
Where can structure be applied? correct answers Everywhere

Structure Defined correct answers Anything that is composed of parts arranged together in some
way

Organizing Defined correct answers The arranging of tasks, people, and other resources to
accomplish the work. (this requires structure)

3 Parts of Organizing correct answers 1)Work is divided up
2)Resources are arranged
3)Activities are coordinated

Example of Structure correct answers In 2001 Google was struggling due to lack of structure, so
they hired Eric Schmidt who then added structure.

Formal vs. Informal Structure correct answers Formal happens within the chain of command,
where informal happens outside the chain of command.

7 Elements of Organization Charts correct answers 1)Division of Work--Determine Organization
of business
2)Chain of Command--See who controls who
3)Span of Control--How many workers are controlled by a manager
4)Communication Flow--How divisions of labor communicate
5)Major Units--Major Units of the business
6)Staff & Line Reporting--Result of who works on the products
7)Levels of Management--Shown in a vertical manner

2 Types of Span of Control correct answers Tall, Flat

Tall Span of Control correct answers Many levels, anti-innovation oriented. Large businesses

Flat Span of Control correct answers A lot of people reporting to one individual. Startups &
entrepreneurial businesses.

Staff Reporting correct answers Designs logistics and provides support to the line workers. Staff
Professionals play important support roles, but do not directly bring in revenue to company.
Ex. Accounting, Human Resources, Legal Workers

Line Reporting correct answers Works directly in the line of the objectives for the company.
Line Professionals are responsible for the core business functions of developing products or the
selling of products.
Ex. Product Managers, Marketing Employees

, What are the 5 types of structure? correct answers Functional, Divisional, Matrix, Cross-
Functional, Network

Functional Structure correct answers Groups together people who have similar skills and
interests

Divisional Structure correct answers Groups people together by product, customer type, or
geographical area.

Matrix Structure correct answers A combination of functional and divisional structures. Both a
product manager & function manager. Accountability is associated with the projects given.

Cross-Functional Structure (Team) correct answers Includes different functional members who
work together in teams. Improves communication, cooperation, decisions, relationships and
morale.

Network Structure correct answers When the company works with outside services and
organizations. Lower costs, access to experts, and ability to grow or shrink

Functional Pros correct answers Economies of scale, broad expertise, specific training of skills
for each group, and the functional career paths that are well organized.

Functional Cons correct answers Chimney/Silo Problems, meaning people get locked into their
own structure and only work to benefit the structure they work in. Results in lack of coordination
between groups, and possible competitions.

4 Types of Managerial Systems correct answers Centralized, Decentralized, Delegation,
Empowerment

Centralized correct answers Top of organization makes decisions

Decentralized correct answers Lower levels have input on decisions

Delegation correct answers Entrusting of others with assignments. Assigns responsibility, grants
authority, and creates accountability.

Empowerment correct answers Gives workers freedom to do jobs in their own way.

Leader List correct answers Innovates, Focus on People, Develops, Inspires Trust, Long-Range
View, Asks What & Why, Challenges Status Quo, DOES THE RIGHT THING, vision

Manager List correct answers Administers, Systems/Structure, Maintains, Relies on Control,
Short-Range View, Asks How & When, Maintains Status Quo, DOES THINGS RIGHT,
Execution

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

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

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

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 FullyFocus. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for CA$16.01. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

79202 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
CA$16.01
  • (0)
  Add to cart