MGT363H5 Chapter Notes - Chapter 3: Reward System, Organizational Culture, Microsoft
Document Summary
Well-known credit union based in levis, quebec. Upholds its presence via caisse, business centres, subsidiary distribution networks, and virtual networks. In 2014, bought the canadian arm of state farm( a us mutual insurer); and became the second-largest property and casualty insurer. Growth strategy: focus on increasing its presence across canada. Number of levels in the hierarchy, span of control (managers and supervisors) Identifies the grouping together of individuals into departments and of departments into the total organization. Design of systems to ensure effective communication, coordination, and integration of efforts across departments. Organizational chart is the visual representation of a whole set of underlying activities and process in an organization. Shows various parts of an org. , interrelations, position in each department. Concept of org chart: what positions exist, how they are gorped, and who reports to whom. Thinking, planning, and decision making were made by the top management. Physical work performed by workers in the lower hierarchy by functions.