100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
BUSA 2150 Final Exam Questions and Answers Fully Solved 100% $7.99   Add to cart

Exam (elaborations)

BUSA 2150 Final Exam Questions and Answers Fully Solved 100%

 1 view  0 purchase
  • Course
  • BUSA 2150
  • Institution
  • BUSA 2150

4 categories of organizations - ️️-pyramids/hierarchies -committees/juries -matrix organizations -ecologies organizational charts - ️️-illustrate the structure of an organization, the relationships and relative ranks of its business units/divisions, and the positions or roles assigned ...

[Show more]

Preview 3 out of 21  pages

  • November 21, 2024
  • 21
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • BUSA 2150
  • BUSA 2150
avatar-seller
PatrickKaylian
BUSA 2150 Final Exam
4 categories of organizations - ✔️✔️-pyramids/hierarchies
-committees/juries
-matrix organizations
-ecologies


organizational charts - ✔️✔️-illustrate the structure of an organization, the relationships
and relative ranks of its business units/divisions, and the positions or roles assigned to
each unit/division
-3 categories: hierarchical, matrix and flat/horizontal


organizational behaviour - ✔️✔️the study of what people think, feel and do in and
around organizations

6 functions of management - ✔️✔️-planning
-organizing
-staffing
-leading
-controlling
-motivating

systems thinking - ✔️✔️-identifying the moving parts within an organization that add
value and ensuring that these parts function together and effective and efficient whole
-how each component of an organization functions relative to the whole is the focal
point of the design process

organizations - ✔️✔️groups of people who work interdependently toward some
purpose

Pyramid/hierarchical organization - ✔️✔️-one leader who is responsible for making all
decisions that affect the organization
-This leader manages other organizational members

committees/juries - ✔️✔️groups of peers who decide collectively, sometimes by casting
votes, on the appropriate courses of action within the organization

Matrix organizations - ✔️✔️assign workers to more than one reporting line in an
attempt to maximize the benefit of both functional and decentralized organizational
forms

,ecologies - ✔️✔️each business unit represents an individual profit center that holds
employees accountable for the unit's profitability

Schein's Model of Organizational Culture - ✔️✔️Level 1: Artifacts
Level 2: Values
Level 3: Basic Assumptions


departmentalization - ✔️✔️-the basis by which an organization groups tasks together
-There are 5 common approaches: functional, divisional, matrix, team and network

centralization - ✔️✔️-when decision-making authority is located in the upper
organizational levels
-increases consistency in the processes and procedures that employees use in
performing tasks

decentralization - ✔️✔️-when decision-making authority is located in the lower
organizational levels
-important decisions are made by middle-level and supervisory-level managers, thereby
increasing adaptability
-business units operate autonomously and have greater decision-making power
-dispersed rather than concentrated in a single, central location or authority

functional structure - ✔️✔️-a common type of organizational structure in which the
organization is divided into smaller groups based on specialized functional areas, such
as IT, finance or marketing
-coordination, supervision, and task allocation

disadvantage of a functional structure - ✔️✔️the different functional groups may not
communicate with one another, potentially decreasing flexibility and innovation

divisional structure - ✔️✔️-a type of organizational structure that groups each
organizational function into a division - these divisions can correspond to either products
or geographies
-Each division contains all the necessary resources and functions within it to support
that product line or geography
-may be a multidivisional form

multidivisional form (m-form) - ✔️✔️a legal structure in which one parent company
owns subsidiary companies, each of which uses the parent company's brand and name

advantage of functional structures - ✔️✔️allows for greater operational efficiency
because employees with shared skills and knowledge are grouped together by function

, advantage of divisional structures - ✔️✔️-failure of one division doesn't directly
threaten the other divisions
-In the multidivisional structure, the subsidiaries benefit from the use of the brand and
capital of the parent company

disadvantage of divisional structure - ✔️✔️-operational inefficiencies from separating
specialized function
-For the multidivisional structure, disadvantages can include increased accounting and
taxes

matrix structure - ✔️✔️a type of structure in which organizational individuals are
grouped simultaneously by two different operational perspectives

advantages of a matrix structure - ✔️✔️-complex and versatile, making them more
appropriate for large companies operating across different industries or geographic
regions
-more dynamic than functional management in that it allows team members to share
information more readily across task boundaries
-allows for specialization that can increase depth of knowledge


advantage of network structure - ✔️✔️-more agile than other structures
-Because it is decentralized, a network organization has fewer tiers, a wider span of
control, and a bottom-up flow of decision making and ideas

disadvantage of network structure - ✔️✔️-can lead to more complex relations in the
organization

modular structure - ✔️✔️-divides the business into small, tightly knit strategic business
units (SBUs), which focus on specific elements of the organizational process.
-Interdependencies between modules tends to be weak; however, flexibility is extremely
high

advantage of modular structure - ✔️✔️loosely coupled structures enable organizations
to be more flexible and restructure more easily

environmental scanning - ✔️✔️-looking at external variables (political, sociocultural,
union, legislation, environment, social, economic, etc.) understanding the environment
the organization is existing in
-the process of gathering all kinds of information to determine if the market for a product
or service would be beneficial to the company

organizational life cycle - ✔️✔️various factors such as the age of the organization, the
maturation of a particular product or process, or the maturation of the broader industry

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 PatrickKaylian. 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)

71184 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
$7.99
  • (0)
  Add to cart