MGTA01H3 Lecture Notes - Performance Measurement, Continual Improvement Process, Flat Organization
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MGTA01H3 Full Course Notes
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Document Summary
All business have common structural and operating components. Organizational structure: specification of the jobs to be done within a business and how these jobs related to one another. They may look different, but each has all basic components. Organization chart: a physical depiction of the company"s structure showing employee titles and their relationship to one another. Chain of command: reporting relationships within business; the flow of decision making power in a firm. Job specialization: the process of identifying the specific jobs that need to be done and designating the people who will perform them. Broken into small components and each component is assigned. In small firms, one person can perform all the jobs: as firm grows, the need of specialize jobs increases, natural part of organizational growth. More efficient, jobs are easier to learn, easier to replace people who leave the organization.
