UGBA 10- Midterm Exam Guide - Comprehensive Notes for the exam ( 32 pages long!)

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UGBA 10 Full Course Notes
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UGBA 10 Full Course Notes
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Document Summary

Easy business formation economic growth & stability prosperity. Swot analysis: determine what business strategy will be successful in achieving business goals. Organisation structure and leadership: how to structure organization. Depends on: purpose, mission, strategy, competition, size, stage of maturity. Ex: b&j started by driving to shops to sell their ice cream, then used a distributor! Who (& how many of them) reports to whom. Power : level of the organisation/number of layers: the chain of command is around , specialisation. About the number of tasks one performs in their job. Fewer tasks mean better focus and better execution. Where you want to maximise interdependence & coordination. Allows management to control critical parts of the business (ie. Same focus or high interaction same group and how to control them) coordinate during hurricane katrina. They said evacuate but provided no transportation. Different ways: by customer, by product, by proc: decision-making. You have a small group of ppl who control decision-making.