GMS 200 Lecture Notes - Lecture 10: Organizational Chart, Hierarchical Organization, Strategic Management

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GMS 200 Full Course Notes
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GMS 200 Full Course Notes
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Document Summary

The process of arranging people and other resources to work together to accomplish a goal. It involves dividing up the work to be done and coordinating results to achieve a common purpose. However, you lack profit if you don"t have organization. Organization structure refers to the system of _____ that link together the work of diverse individuals and groups: tasks and workflows, reporting relationships, communication channels, all of the above, none of the above. A shadow organization made up of the unofficial, but often critical, working relationships between organizational members. Three common types of traditional organizational structures are __: centralised, decentral, and integrated, functional , horizontal, and vertical, divisional, functional, matrix. Members of functional departments share technical expertise, interests, and responsibilities. Members of each function work within their respective area of expertise. When each function is done properly, the business should operate successfully. Allows assignments to be consistent with technical training.

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