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HSB LAP-EC-023 Organizational Design of Business Vocab Activities

HSB LAP-EC-023 Organizational Design of Business Vocab Activities

AB
AuthorityThe formally-granted influence of a position to make decisions, pursue goals, and obtain the resources necessary to support those decisions and goals
Chain of commandThe flow of authority within an organization; also called line of command
CommunicationAn exchange of information in which the words and gestures are understood in the same way by both the speaker and the listener
DelegationAssigning tasks to subordinates
Division of laborDividing a large job into units, or job tasks, and assigning an individual to do each of the tasks
Divisional structureAn organizational design in which the firm is broken down into units according to factors such as product, process, territory, customer type, etc.
Functional structureAn organizational design in which the firm is broken into traditional departments, each with its own set of responsibilities and activities
InnovationSomething new, such as a new product, strategy, or process
Job specializationBecoming an expert in a specific work task
Lateral relationsThe amount of teamwork included in an organizational design
Line authorityFormal, direct authority that affects a business’s day-to-day operations
Line of commandSee chain of command
Matrix structureAn organizational design that combines the traditional functional structure with the divisional structure
ObjectivesGoals to be reached
Organizational chartA graphical representation of the flow of authority within an organization
Organizational designThe process of structuring a business’s people, information, and technology to enable the business to achieve its goals and to be successful; also called organizational structure
Organizational structureSee organizational design
Product managerAn individual who monitors one or more existing products and develops new products
ProductivityThe amount of work employees perform in a given period, usually their output per hour
ResponsibilityThe duty to get the job done
Scalar principleCreating authority that flows in a clear, continuous line
Span of controlThe measurement of how many workers are supervised by one manager
Staff authorityAdvisory authority, often without the ability to enforce or take action
Unity of commandA principle that states that no employee should answer to more than one supervisor at a time

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