Chapter 8 Important Vocab

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Department
Management (MGT)
Course
MGTA01H3
Professor
Chris Bovaird
Semester
Fall

Description
Chapter 8 Vocab Organizational Structure: The specification of the jobs to be done within a business and how those jobs relate to one another Chain of Command: Reporting relationships within a business; the flow of decision- making power in a firm Organization Charts: A physical depiction of the companys structure showing employee titles and their relationship to one another Job Specialization: The process of identifying the specific jobs that need to be done and designating the people who will perform them Departmentalization: The process of grouping jobs into logical units Responsibility: The duty to perform an assigned task Centralized Organizations: Top managers retain most decision- making rights for themselves Decentralized Organizations: Lower and middle level m
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