Textbook Notes (367,754)
Canada (161,370)
MGTA01H3 (583)
Chapter 8

chapter 8 and 10 notes

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Management (MGT)
Chris Bovaird

CHAPTER 8 ORGANIZING THE BUSINESS ENTERPRISE organizational structure: The specifications of the jobs to be done within a business and how those jobs relate to one another. THE CHAIN OF COMMAND organization chart: A physical depiction of the companys structure showing employee titles and their relationship to one another. chain of command: Reporting relationships within a business; the flow of decision- making power in a firm. THE BUILDING BLOCKS OF ORGANIZATIONAL STRUCTURE Specialization job specialization: The process of identifying the specific jobs that need to be done and designating the people who will perform them. **specialization and growth - ADVANTAGES: Individual jobs can be performed more efficiently, jobs are easier to learn, easier to replace people who leave organization - DISADVANTAGES: if jobs become too narrowly defined, people get bored, derive less satisfaction from their jobs and lose sight about how their contributions fit into the overall organization. Departmentalization departmentalization: The process of grouping jobs into logical units. profit centre: A separate company unit responsible for its own costs and profits. (e.g. each department is its own profit centre makes it easier to measure performance of sectors.) ESTABLISHING DECISION-MAKING HIERARCHY The development of the hierarchy results from a 3-step process: 1. Assigning tasks (determining who makes decisions and specifying how they should be www.notesolution.com
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