WGU D081 Version 5/QBM3 Task 1 Updated 2024
with complete solution
Key Point - -answer-Taking an entrepreneurial mindset to managing risk means
approaching failure with resilience and continuing the innovative process.
Organizational Structure - -answer-The way that a firm is organized, grouped, or
arranged for the purpose of operations, management, and communications
Centralization - -answer-Concentration or consolidation of control under one
authority
Formalization - -answer-Establishment of defined structures, groupings,
processes, and hierarchies
Departmentalization - -answer-Grouping of processes, activities, and resources
into functional units
Functional (hierarchical) Organization - -answer-Type of organizational structure
with governance in a hierarchical pyramid
,Divisional Organization - -answer-Type of organizational structure with many
functional departments grouped under a division head
Matrix Organization - -answer-Type of organizational structure where cross-
functional teams report along vertical and horizontal lines
Multidivisional Organization - -answer-Type of organizational structure where
multiple semiautonomous divisions report to central management (such as
subsidiaries to a parent company)
Flat Organization - -answer-Horizontal type of organizational structure with few
or no middle managers between staff and executive management
Team-Based Network Organization - -answer-Organizational structures that arise
organically to solve problems and project needs
Conglomerate - -answer-A large corporation consisting of several businesses
whose products or services may differ widely
A company is planning to consolidate organizational activities under one
authority.
How will this structure affect business strategy? - -answer-Consistently applying
decision criteria
Organizational Values - -answer-The fundamental beliefs and principles upon
which an organization and its behavior are based
, Codes of Conduct - -answer-Set of rules outlining acceptable (and unacceptable)
practices, behaviors, and processes an organization expects of its employees
Corporate Social Responsibility - -answer-Organizational policy integrated into the
firm's business model that goes beyond regulatory requirements to act in the
interest of social or environmental good
An organic foods company is receiving negative publicity from a recent decision
related to business practices that are not socially responsible.
How are organizational leaders responsible for this decision? - -answer-
Misalignment with business values
A company wants to restructure to focus on innovation and experimentation.
How will this structure affect business strategy? - -answer-By managing
uncertainty
Organizational Culture - -answer-The beliefs, values, assumptions, expectations,
priorities, behaviors, and interaction styles that define the unique social and
psychological environment of an organization
Competing Values Framework - -answer-Model for diagnosing an organization's
cultural type
Adhocracy Culture - -answer-Type of externally focused, flexible organizational
culture
Clan Culture - -answer-Type of internally focused, flexible organizational culture
with complete solution
Key Point - -answer-Taking an entrepreneurial mindset to managing risk means
approaching failure with resilience and continuing the innovative process.
Organizational Structure - -answer-The way that a firm is organized, grouped, or
arranged for the purpose of operations, management, and communications
Centralization - -answer-Concentration or consolidation of control under one
authority
Formalization - -answer-Establishment of defined structures, groupings,
processes, and hierarchies
Departmentalization - -answer-Grouping of processes, activities, and resources
into functional units
Functional (hierarchical) Organization - -answer-Type of organizational structure
with governance in a hierarchical pyramid
,Divisional Organization - -answer-Type of organizational structure with many
functional departments grouped under a division head
Matrix Organization - -answer-Type of organizational structure where cross-
functional teams report along vertical and horizontal lines
Multidivisional Organization - -answer-Type of organizational structure where
multiple semiautonomous divisions report to central management (such as
subsidiaries to a parent company)
Flat Organization - -answer-Horizontal type of organizational structure with few
or no middle managers between staff and executive management
Team-Based Network Organization - -answer-Organizational structures that arise
organically to solve problems and project needs
Conglomerate - -answer-A large corporation consisting of several businesses
whose products or services may differ widely
A company is planning to consolidate organizational activities under one
authority.
How will this structure affect business strategy? - -answer-Consistently applying
decision criteria
Organizational Values - -answer-The fundamental beliefs and principles upon
which an organization and its behavior are based
, Codes of Conduct - -answer-Set of rules outlining acceptable (and unacceptable)
practices, behaviors, and processes an organization expects of its employees
Corporate Social Responsibility - -answer-Organizational policy integrated into the
firm's business model that goes beyond regulatory requirements to act in the
interest of social or environmental good
An organic foods company is receiving negative publicity from a recent decision
related to business practices that are not socially responsible.
How are organizational leaders responsible for this decision? - -answer-
Misalignment with business values
A company wants to restructure to focus on innovation and experimentation.
How will this structure affect business strategy? - -answer-By managing
uncertainty
Organizational Culture - -answer-The beliefs, values, assumptions, expectations,
priorities, behaviors, and interaction styles that define the unique social and
psychological environment of an organization
Competing Values Framework - -answer-Model for diagnosing an organization's
cultural type
Adhocracy Culture - -answer-Type of externally focused, flexible organizational
culture
Clan Culture - -answer-Type of internally focused, flexible organizational culture
