In general, a centralized company is mostly run in hierarchies. Donec aliquet. Genevieve's Children's Coalition. Planning b. Deliverable c. narrow; wider b. amount of differentiation. \text{Assets}\\ Typically organizational structure can be categorized based on several parameters and priorities. d. communication; no cost e. Strategic planning, _____ departments include all of those that provide specialized skills in support of _____ departments. Yet while flatter organizational structure proved quite effective in scaling things up. a. the ability of the organization to produce timely products. c. fifteen & 1.7 & (1.3) & 4.8 & 4.9 & 4.9\\ b. d. flexibility. b. centralized at the bottom. Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. It's the operating manual that tells members how the organization is put together and how it works. e. Identical, The functional, _____, and _____ are traditional approaches that rely on the chain of command to define departmental groupings and reporting relationships along the hierarchy. d. product Commonstock,$5parvalueTreasurystockRetainedearningsPaid-incapitalinexcessofpar-commonstock$510,00090,0002,340,0001,320,000. a. integration The next tier or link in the chain is a director. e. defensive, A pure functional structure is most appropriate for achieving: Indeed, as startups become established organizations, they might need to become way more structured as they have to tackle much broader engineering, administrative, legal, marketing, and sales problems. a. Lorem ipsum dolor sit amet, consectetur adipiscing elit. c. reengineering e. Marketing department, Which of the following refers to the number of employees reporting to a supervisor? Agile Finding the most appropriate organizational structure for a business depends on a number of factors. e. An ad hoc committee. Which of the following happens as organizations grow? The Leading Source of Insights On Business Model Strategy & Tech Business Models. While the practice keeps things simple, its a rather rigid organizational structure and, because there is no horizontal sharing of information, it can take a substantial amount of time to process information throughout the company. a. To run some parts of its business, it uses a different approach. Select all that apply. Barney and Betty work at Mountain Peak, Inc. a. virtual network With the traditional line organizational structure, the process of communicating information is very much narrowly focused. The debate over centralization vs. decentralization is still open. Those startups managed to build products much faster, with much less politicized, an iterative approach to growth, thus disrupting the incumbents. Where culture matters to create valuable companies able to scale (remember, culture might work as the glue that keeps a large number of people working together), a business model is an enabler for that. This approach is consistent with a _____ structure. It is important to highlight that the more a company grows, the more culture and organizational design might matter compared to business model innovation. Innovative Creations Corporation is designed along functional lines. b. Divisional c. Subordinates are located at various different locations. HR adopts the new onboarding process that your project team was tasked to develop. More specifically an organizational structure can be organized in: It is a type of organization where people are grouped according to their area of professional competence and specialization. e. process. Creating and Gathering a Group to Guide Your Initiative, Section 3. Commissions do not affect our editors' opinions or evaluations. Study with Quizlet and memorize flashcards containing terms like Which of the following refers to the deployment of organizational resources to achieve strategic goals? d. matrix e. Tall structure. Developing Multisector Task Forces or Action Committees for the Initiative, Section 4. Having an organizational structure that aligns with your companys goals and objectives is crucial. a. innovation. All Rights Reserved. c. geographic e. all of these. However, this change disrupts another team members work process: they need to do two additional tasks not related to the projects goal. a. Boundarylessness inAccountsReceivable3.917.01.3(8.1)(6.8)Chg.inInventory(2.9)1.34.9(2.9)(5.6)Chg.inPayables&AccruedComp.1.7(1.3)4.84.94.9CashfromOperations45.247.653.144.048.8CapitalExpenditures(26.6)(23.8)(97.5)(75.4)(40.0)CashfromInvestingActivities(26.6)(23.8)(97.5)(75.4)(40.0)DividendsPaid(5.2)(5.2)(5.2)(5.2)(5.6)Sale(orpurchase)ofstockDebtIssuance(PayDown)73.325.3CashfromFinancingActivities(5.2)(5.2)68.120.1(5.6)ChangeinCash13.418.623.7(11.3)3.2MydecoStockPrice$7.02$3.55$5.86$8.33$11.57\begin{array}{lccccc} left to right and top to bottom. c. Centralization; top How To Find The Cheapest Travel Insurance, 4 Common Types of Organizational Structures, How To Choose the Best Organizational Structure, Best Enterprise Learning Management Systems, SurePayroll Review: Plans, Pricing And Features, Departments or teams within the organization. e. functional or divisional, The outcome of information and cooperation is _____. It involves reporting to stakeholders across teams in addition to direct managers. For instance, in between the hierarchical and flatarchy, there might be several levels of organizations based on how loose are those hierarchies. \underline{\text{Cost of Goods Sold}} & (192.1) & (175.4) & (207.1) & (248.3) & (295.8)\\ The geographical structure is a good option for companies with a broad geographic footprint in an industry where it is essential to be close to their customers and suppliers. a. divisional, teams In text-based layouts such as websites and books, the eye goes from: answer choices. How changes are implemented within the organization c. virtual organization Question 8 e. Rules and procedures defining task activities are available. Regulatory bodies, such as the SEC and PCAOB, that govern the behavior of corporations. This kind of organization allows employees to specialize at best in specific functions. d. matrix structure. \text{Cash from Investing Activities} & (26.6) & (23.8) & (97.5) & (75.4) & (40.0)\\ From a broad perspective, it appears very similar to the product-based structure above. Commonstock,$5parvalue$510,000Treasurystock90,000Retainedearnings2,340,000Paid-incapitalinexcessofpar-commonstock1,320,000\begin{array}{lr} \text{Mydeco Stock Price} & \$7.02 & \$3.55 & \$5.86 & \$8.33 & \$11.57\\ For instance, large tech companies like Google have innovation units comprised of bets that seem completely unrelated to the companys current business model. c. Downsizing a. reorganization We learned this in these three decades of development for the Internet, where we were lean startups taking over large and established players. c. based on the team approach. This kind of structure can benefit companies that have several product lines or markets, but it can be challenging to scale. The Forbes Advisor editorial team is independent and objective. Fill in the blank: After the stakeholders assign the project manager, the goals of the project have to be approved, as well as the scope of the project and its _____. Functional structure In a functional structure, organizations are divided into specialized groups with specific roles and duties. All information starts at the top and is passed down, typically from one individual to the next. Which of the following best describes organizational structure? &&\quad \underline{\qquad\qquad} \qquad\qquad\quad \underline{\qquad\qquad} \\ Juan is a top manager at I.F.L., a matrix organization. A tight structure Which of the following are important project management responsibilities? Organization A with eleven hierarchical levels b. reengineering c. Organization C with eight hierarchical levels Performance information may have changed since the time of publication. a. amount of work specialization in an organization. e. Learning structure. As someone interviewing for a project management role, you ask questions about how team members provide feedback to one another, ways the company celebrates success, and whether risk-taking is encouraged. \text{Depreciation $\And$ Amortization} & 27.5 & 26.3 & 32.5 & 38.3 & 40.1\\ d. Functional structure a. diversification approach The ability of a corporation's management team to meet earnings . d. Division of labor b. planning d. accountability d. Top management becomes more autocratic. The coordinating council is composed of the executive director, her assistant, the media committee chair, and the chairs of each of the three task forces. e. a lack of hands-on control and weakened employee loyalty. Many companies use the traditional model of a centralized organizational structure. e. Continuous process production. In fact, a large organization has to keep its operations as efficient as possible to keep its operations make sense. e. None of these. May | 2.8K views, 54 likes, 15 loves, 21 comments, 4 shares, Facebook Watch Videos from ABS-CBN News: Start your day with ANC's rundown of news you need. c. the competitive global environment. The first element of structure is governance - some person or group has to make the decisions within the organization. \text{Accrued Compensation} & 7.6 & 6.3 & 7.5 & 7.7 & 9.4\\ To help support our reporting work, and to continue our ability to provide this content for free to our readers, we receive compensation from the companies that advertise on the Forbes Advisor site. a. c. weakened employee loyalty. Similar to the functional and product-based structure, a circular structure is also centralized and hierarchical, but instead of responsibility and decision-making authority flowing down vertically, responsibility and decision-making authority flow out from the center. Identifying internal strengths and weaknesses involves considering financial, physical, human, and organizational assets. b. team Which of the following profile of an organization emphasizes creating, innovating, visioning the future, managing change, risk-taking, rule breaking, experimentation, entrepreneurship, and uncertainty? d. leading e. virtual network structure. c. wide span of control. a. It allows for easy communication among project teams that sit across different functions. \underline{\text{Depreciation $\And$ Amortization}} & (27.5) & (26.3) & (32.5) & (38.3) & (40.1)\\ b. divisional c. a high degree of centralization. &\text{Returns and allowances} \\ Finance department c. emphasis on overall product and division goals. Which of the following typically is NOT considered a staff department? When assigning tasks to team members, what two factors should you mainly consider? c. Primary; functional b. centralized decision-making. e. Line; functional, Carly's Clothes, Inc. manufactures children's clothes. b. excellent coordination between functions. Nam risus ante, dapibus a molestie consequat, ultrices ac magna. Which of the following refers to an internal group that defines and maintains project standards across the organization? Select all that apply. c. authority d. tight vertical control Module 2: Organizational Structure, by Pathfinder International, is a concise manual describing pros and cons, together with suggestions for how one might change the organizational structure one has. d. Division of labor Indeed, innovation spurs from the most unexpected places in many cases, and an organization that is not ready to capture it might be well disrupted in the future. Running to reduce weight is an example of a(n) _________motivated activity; running because it "feels good" is an example of a(n) _________motivated activity. Unity of command d. operative c. Traditional divisions Your team is selected to implement a key project for your company's Office of Procurement. b. line manager \text{Shares outstanding (millions)} & 56.8 & 56.8 & 56.8 & 56.8 & 56.8\\ 2. d. virtual network structure. For instance, a marketing specialist may have reporting obligations within the marketing and product teams. Compared to YZ, Jacob's company has what type of organizational structure? Learn more. e. continuous process production, _____ refers to the fact that services are perishable and cannot be stored in inventory. Which of the following terms best describes the first step to your project having the desired impact once it goes live? They are inherent in the very idea of an organizational structure. This structure has centralized leadership and the vertical, hierarchical structure has clearly defined roles, job functions, chains of command and decision-making authority. e. service, The _____ is an organization structure that divides the major functions of the organization into separate companies. d. task force b. coordination; organization Which of the following change management tools are designed to illustrate how the company's values, norms, and employees behavior may be affected by change? \text{July 31, 2012 and July 31, 2013}\end{array} Which of the following is a plausible explanation as to why? He has two bosses, one a functional manager and the other a divisional manager. a. This employee has accountability in both directions. The startup culture has introduced flatter organization patterns. That is why its important to have innovation units or small teams of people that operate independently and are not necessarily aligned with the overall organizations goal and vision. The span of management Maintaining a Board of Directors, Section 8. Unterman, I. This is the individual (or office) that oversees a department or segment of the company. c. centralization Based on the organizational structure the company will also have a different shape. c. uses a divisional structure. The company produces a high volume of products using standardized production runs. c. Horizontally d. BCG approach Organizational Capabilities, Key Personnel, and Qualifications Describe the organizational structure of the Tribe and its ability to manage the proposed project. Which of the following best describes organizational structure? All aspects of one subject are discussed, then the aspects of the other. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. At the same time, its important that the company keeps looking at business model innovation as a long-term survival mechanism. a. Vertically \text{Earnings per share} & \$0.26 & \$0.08 & \$0.17 & \$0.21 & \$0.29\\ It affects the client's criteria for success. Please try again later. Take the case of Google, which transformed from a startup to a massive organization with over a hundred thousand employees as Google established its operations worldwide. That bit of messiness might be well repaid when those small innovation units stumble upon a new business line, which will become the core business in the years to come. By structure, we mean the framework around which the group is organized, the underpinnings which keep the coalition functioning. 1 / 1 point It involves reporting to stakeholders across teams in addition to direct managers. An organization strives for internal efficiency with a(n) _____ strategy. a. team Which of the following best describes an example of successful change management? Organizational Structure: An Overview, Developing a Strategic Plan and Organizational Structure, Chapter 9. c. virtual network approach b. matrix structure. Unity of command \text{Total Liabilities b. Question 7 Some of them might be: Lacking an organizational structure might make it difficult for the organization to grow efficiently. right to left and top to bottom. The Ste. a. Fill in the blank: During the planning phase of a project, you take steps that help you _____ to achieve your project goals. d. people; other resources A company's shared values, mission, and history. Lorem ipsum dolor sit amet, consectetur adipiscingsque dapi, ultrices ac magna. e. controlling, A task force is _____ committee(s) formed to solve a specific problem. c. Formal Jacob is studying his organization's: Recently, his organization began to contract out such functions as training, engineering, and computer service. d. virtual network Genevieve's Children's Coalition is a relatively large community-based group. Which of the following structures works best in an uncertain organizational environment? Then, there is a manager appointed to oversee the team assigned to complete each project. \text{Net Income} & 15.0 & 4.3 & 9.6 & 11.8 & 16.2\\ Which of the following refers to the degree to which organizational tasks are subdivided into individual jobs? b. Organic structure b. Boars' Nest's structure is too horizontal. A functional structure facilitates specialization, scalability and accountability. Question 3. Staff; line Flowcharts General aspects of each subject are discussed, then the specifics. For example, an employee who specializes in a particular product might have both the functional reporting line and a geographic reporting line. a. a standing Organizational design is a critical puzzle for making a company successful. b. Narrow b. managers spend much time resolving conflict. c. motivating 1 point Fusce dui lectus, congue ve ve,

ctum vitae odio. 1 point As your group grows and changes, so should your thinking on the group's structure. It is vested in people, not positions. See Table down below showing financial statement data and stock price data for Mydeco Corp. a. d. uses product-based structure. Which of the following factors is NOT associated with larger span of control? How to Develop an Organization Structure, by Tara Duggan, Demand Media, is an informational article on how to develop organization structure with a short step-by-step analysis. Productivity via a system meant to use the people part of the organization in the best possible way. d. cost leadership b. b. Sporadically Disadvantages of the virtual network approach include: Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. The matrix organizational structure described below is an example of a flat structure. b. d. differentiation As a project manager, youre trying to take all the right steps to prepare for the project. Manage Settings \underline{\text{Chg. in Payables $\And$ Accrued Comp.}} 1. But how do you structure a large company for business model innovation? e. career progress within functional departments. c. resources; the project Nam risus ante, dapibus a molestie consequat, ultrices ac magna. Stephanie works in one of seven research and development departments at Tara's Terrace, Inc. Donec aliquet. c. e-engineering What is the benchmark salary for people performing this project role? Fill in the blank: During the planning phase of a project, you take steps that help you _____ to achieve your project goals. The functional type of organizational structure is ideal for larger companies with a lot of departments and for companies that need to meet short timeframe deadlines. Theoretically, the organizational structure is critical for several reasons. d. small-batch production An organizational structure allows companies to shape their business model according to several criteria (like products, segments, geography, and so on) that would enable information to flow through the organizational layers for better decision-making, cultural development, and goal alignment across employees, managers, and executives. Boars' Nest Distributors is continually hampered by an inability to adapt to an unstable environment. This would suggest that Tara's Terrace has a: d. Functional Extend the income statement for Miss Muffins' Bakery to include a vertical analysis for 201220122012 and for 201320132013. The CEO's direct supervisors include VPs for the North American South American, European, and the Asian divisions. d. Flexible operations Finally, within each department, there are managers and employees. c. Time and resources spent on meetings a. functional structure. e. none of these. Developing an Ongoing Board of Directors, Section 5. \text{Accounts Receivable} & 87.6 & 70.6 & 69.3 & 77.4 & 84.2\\ Which is an advantage of the divisional structure? Moonshots do not have to be aligned with the core business model of the company. a. service production &\text{Cost of goods sold}&\underline{\qquad\qquad} \qquad\qquad\quad \underline{\qquad\qquad} \\ d. Human resources How members of the organization relate to and interact with one another , How changes are implemented within the organization, How the organizations identity and personality is demonstrated, How leadership creates operational processes within the organization, Top 15 Program Manager Interview Questions and Answers for 2022. e. finances; products, Which of the following is not an approach to structural design that reflects different uses of the chain of command? However, at the level of the bottler, once operations are established, Coca-Cola leaves them independent to run the business. b. Nichole will have problems with unity of command. a. uses a functional structure. Middle manager It differs from the traditional line structure by means of the existence of established channels for the horizontal sharing of information and direction, with a substantial increase in the sheer number of lines of communication. C It follows a traditional, top-down reporting structure with a clear chain of command. b. The pure functional structure does not enable the organization to be: b. efficient. Her organization uses the _____ approach to departmentalization. e. Task, Walt works for a large company. e. Virtual network approach, Kara's department is made up of people with similar skills and work activities. c. save feedback for completion of the project. Which term refers to the delivery of a completed project and its successful adoption by an organization? b. decentralization e. moderating manager, Lisa is responsible for coordinating the efforts of several different departments. c. divisional \text{Treasury stock} & 90,000\\ a. functional structure. There are several types of organizational structures commonly used by companies, nine of which we expand upon below. d. It emerges from the organizational values. e. all of these. Reporting charts to show the relationships among people and groups within the organization &\text{Cost of purchases}\\ Information provided on Forbes Advisor is for educational purposes only. b. differentiation. Organizational structures can move from vertical and pyramidal structures, with a rigid structure, to more horizontal, flat systems, which are way more fluid, and with much less space between employees and management. If applicable, include resumes and scope of work for consultants that Shooting Star, Inc. has slow response to external changes, centralized decision making, and poor coordination across departments. a. flexibility; competitiveness Meeting availability Fill in the blank: After the stakeholders assign the project manager, the goals of the project have to be approved, as well as the scope of the project and its _____. Nam risus ante, dapibus a molestie consequat, ultrices, a molestie consequat, ultrices ac magna. d. Teams Management layers are eliminated to save cost. How are new employees onboarded? Permanent b. product Organizations such as Amazon.com, Google, Facebook, and Priceline.com are examples of firms that are based on: Are you sure you want to rest your choices? Efficiency in the use and allocation of resources within the organization. d. A horizontal structure a. c. Research and development department Which answer best describes a Classic organizational structure? b. the project; people 1 point Select all that apply. d. matrix It affects the client's project satisfaction. 1. Which of the following best describes what is meant by corporate governance? Below are three of the most important factors to consider in choosing among the best organizational structures for a business: A traditional line organizational structure is truly the place to start for most companies, especially the smaller ones that dont necessarily comprise a vast number of departments or require a major number of links in the chain of command/communication. c. large-batch production b. enlarged tasks for employees. A matrix structure describes an organization that has multiple reporting lines of authority. Stand out and gain a competitive edge as a commercial banker, loan officer or credit analyst with advanced knowledge, real-world analysis skills, and career confidence. Specialization principle e. top leader, The _____ is the product or functional boss, who is responsible for one side of the matrix. Definition of roles within the organization, so that each employee knows its place and where she belongs. a. c. Kevin's span of management can be larger than Nichole's. a. In your discussions, your answers to the following list of questions may guide your decisions. Which of the following best describes organizational structure? a. it generates a large amount of conflict. e. there is little duplication of services across divisions. and B.A. The organizational structure becomes critical when trying to achieve a broader scale. When budgeting a project, what is the responsibility of a project manager? Clearly disseminating this information to employees: Regardless of the special type of organizational structure you choose, it should have the following components: A functionalor role-basedstructure is one of the most common organizational structures. a. Nichole's span of management can be larger than Kevin's. b. b. team based, horizontal Wilco Corporation has the following account balances at December 31, 2012. Each of the task forces has action committees as well. Which of the following best describes organizational structure? To prepare for the adoption of your recommended changes and to gather information, you incorporate surveys, flowcharts, and culture mapping. c. divisional What steps should you take? c. functional c. department boss d. Centralization; middle b. has a higher degree of work specialization. b. It is important to deal with structure early in the organization's development. Structural development can occur in proportion to other work the organization is doing, so that it does not crowd out that work. e. twenty, Shoshanna is manager of a customer service firm where she oversees five subordinates. IncomestatementRevenueCostofGoodsSoldGrossProfitSalesandMarketingAdministrationDepreciation&AmortizationEBITInterestIncome(Expense)PretaxIncomeIncomeTaxNetIncomeSharesoutstanding(millions)EarningspershareBalanceSheetAssetsCashAccountsReceivableInventoryTotalCurrentAssetsNetProperty,Plant&Equip.Goodwill&IntangiblesTotalAssetsLiabilities&StockholdersEquityAccountsPayableAccruedCompensationTotalCurrentLiabilitiesLong-termDebtTotalLiabilitiesStockholdersEquityTotalLiabilities&StockholdersEquityStatementofCashFlowsNetIncomeDepreciation&AmortizationChg. Which of the following structures is the leanest of all organization forms because little supervision is required? All of the following are the major disadvantages of the matrix structure EXCEPT: a. Functional It includes an internal group that defines and maintains project management standards across the organization. d. Small-batch production An organizational chart is a graphic that depicts the organizational structure. \underline{\text{Debt Issuance (Pay Down)}} & & & 73.3 & 25.3 & \\ This structure is more flexible to the hierarchical organization, as each division will run almost as an independent business, that has independent control over resources and money spent.

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