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ENFB 4170 VERIFIED STUDY GUIDE

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ENFB 4170 VERIFIED STUDY GUIDE

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ENFB 4170 VERIFIED STUDY GUIDE

Organizational Structure - Answers - The system that defines how activities such as
task allocation, coordination, supervision, communication, who reports to who

Vertical Structure - Answers - CEO
Exec management
Management
Labor

Horizontal structure - Answers - Ceo
Exec management, Management,
Supervisors, Labor, Management
Management, Labor, Labor

Organizational Design - Answers - If you want people to communicate, have them
report to the same manager, decisions, prioritize communication, who runs each group,
paths that are not optimized

Flat Structure - Answers - 1 Boss, everyone else reports to them, autonomous decision
making,

Hierarchical Structure - Answers - Opposite of flat, traditional, defined levels of
management, reporting relationships

Matrix Structure - Answers - Employees report to multiple managers which allows for
extremely busy companies to manage the same department for different projects,
instead of choosing 1 person

Divisional Structure - Answers - Companies divided into semi-independent units, based
on geography and products,

Scaling a Business - Answers - Increased market research
Optimizing operations
Building a scalable team
Enhancing technology and infrastructure
Securing Funding
Strengthening brand and market position

When does a Company Scale? - Answers - When you achieve product market fit
or
Repeatable monetization process

Disruptive Innovation - Answers - Innovation that creates a new market and value
network or enters at the bottom of an existing market and eventually displaces

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