what 3 activities should be considered when creating strategic leadership? correct answers 1. Setting a direction 2. designing the orginization
3. nuriting a culture decided to excellence/ethics
high performing organizations direclty link leadership strategy to oragnzational strategy (T/F) correct answers T
what are the 2 roles of corporate strcuture? correct answers 1. differentiation
2. integration
explain: differentiation correct answers creating distinct tasks among inviduals/groups in the firm
(division of labor/seperation of duties)
explain: integration correct answers mechainmism for coordinating people and functions to accomplish org tasks
what is a simple structure? correct answers - used for very small businesses -single/narrow product line
~ owner-manager makes most of the decisions -highly informal, owner involved in everything, heavy supervision
what are the pros of a simple structure? correct answers 1. decisions made qucikly
2. owner is aware of everything
3. owner can make decisions that's best for the business overall
what are the cons of a simple structure? correct answers 1. if owner isnt there, employees might not get work done and opportunities are lost
2. employees make take advantage of the few rules and regulations 3. works only in small businesses functional structure correct answers - used for small organizations (15 or less)
-major functions of the firm are grouped internally -used when you have a single or closely realted product - vertical integration -high production value
CEO (and under you is Marketing, R&D, Accounting, Sales)
what are the cons of using a functional structure? correct answers 1. may lead to difficulties in communcication of each function
2. short term based thinking, each departments just wants whats best for them 3. vertical communication may be difficult
4. CEO might not be aware of everything
what are the pros of having a functional structure? correct answers 1. enhanced coordination and control
2. centralized decision making 3. more effceient use of managerial talent
4. if CEO isnt present, there are other people that can make decisions
divisional structure correct answers -formed around products -each division includes its own functions (Marketing, HR, Accounting)
-autonomus units that are governed by a central coporate office
what are the advantages of a divisonal structure? correct answers 1. seperated strategic and operating control
2. you can share resources across functional departments 3. quick response to changes in external environment
what are the *disadvantages* of a divisonal structure? correct answers .1 very expensive