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Chapter 4 BPM

AB
middle-levelMost of the operational planning in a business is the responsibility of THIS level of managers and supervisors
GoalsTHESE objective should always be communicated to employees
RevisedOnce standards are set in a department, they MUST be evaluated periodically and then ________________ as necessary revised
ProceduresTHESE can be developed to describe how a policy should be implemented
Unity of Commandthis concept requires that no employee have more than one supervisor at a time
Planningbenefit that managers receive from doing THIS include: guidance for making decisions, being able to determine if progress is being made, helps to communicate and coordinate activities.
Strategic planningprovides broad goals and direction for the entire business
achievableeffective goals must be
budgetA widely used financial planning tool
consistentThe benefits of having policies to guide decisions is that they will be more ______________________
procedureA list of steps to be followed for performing certain work
organizingThe management function responsible for arranging resources to complete work
Organizational Chartbenefits of an THIS are: shows to whom each employee reports, indicates lines of promotion, shows the departments in the business
Natural DivisionsWhen a new business first begins to organize activities into units, it should group activities into a few of THESE
AuthorityTHIS in an organization is delegated from top to bottom
line organizationAll authority can be traced in a direct line from the top to the bottom in THIS type of organization
accountableWhen an employee is responsible to another person in the organization for completing a task
line-and-staff organizationManagers have access to specialists for advice and assistance in THIS type of organization
matrix organizationmost flexible organizational structure for a business
visionA broad, lasting, and often inspirational view of a company’s reason for existing
decentralized organizationA business which is divided into smaller operating units, and managers who head the units have almost total responsibility and authority for operations.
self-directed work teamA team in which members together are responsible for the work assigned to the team.
business planA written document that describes the nature of the business, its goals and objectives, and how they will be achieved.
flattened organizationAn organization with fewer levels of management than traditional structures.
empowermentAuthority given to individual employees to make decisions and solve problems they encounter on their jobs with the resources available to them
line organizationBusiness structure in which all authority and responsibility can be traced in a direct line from the top executive down to the lowest employee level.
team organizationBusiness structure that divides employees into permanent work teams.
organizingDetermining how plans can be accomplished most effectively and arranging resources to complete work.
line-and-staff organizationThe addition of staff specialists to a line organization.
unity of commandIf an employee regularly receives instructions from more than one manager, there is a problem with THIS


Marketing Education/DECA
Terre Haute South High School
IN

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