MNGT 4800 exam 4 Questions with 100% Correct
Answers
organizational design - ANSWER the process of creating,
implementing, monitoring, and modifying the structure,
processes, and procedures of an organization
goal of organizational design - ANSWER to allow managers to
translate strategy into reality
structure follows strategy - ANSWER implies that organizational
design must be flexible enough to accomodate the formulated
strategy and future growth/expansion
the 3 levers of organizational design - ANSWER 1. structure
2. culture
3. control systems
structure - ANSWER determines how work efforts of individuals
and teams are orchestrated
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culture - ANSWER shared norms and values of organizational
members
control systems - ANSWER internal governance mechanisms
used to align incentives of employees with owners
organizational structure - ANSWER determines how the work
efforts of individuals and teams are orchestrated and how
resources are distributed
- a key part of organizational design
- defines how jobs and tasks are divided and integrated
- delineanates reporting relationships up and down the
hierarchy
4 key elements of an organizational structure - ANSWER 1.
specialization
2. formalization
3. centralization
4. hierarchy
division of labor - ANSWER a process of splitting up a task into a
series of smaller tasks, each performed by a specialist
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organizational chart - ANSWER a diagram displaying how an
organization is structured based on 2 types of linkages:
1. vertical linkages
2. horizontal linkages
vertical linkages - ANSWER describe the hierarchical
relationship between supervisors and subordinates
horizontal linkages - ANSWER describe the relationships among
equals in an organization
informal linkages - ANSWER a third, unofficial linkage that
describes the personal and political relationships of
organizations
specialization - ANSWER describes the degree to which a task is
divided into separate jobs
- tends to increase with firm size
- fundamental trade-off between breadth and depth of
knowledge