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Building a Business Organization

This will help you study for your Chapter 7 test.

AB
In this type of organization, the authority can be traced in a line from the top of the organization to the bottom.Centralized
Another Name for Centralized OrganizationLine Authority
Gives authority to a number of managersDecentralized Organization
This type of business structure is usually departmentalizedFormal
involves subdividing resources and responsibilities to a specific unit or department in an organizationDepartmentalization
These organizations are usually more flexibleInformal
Using human and material resources to accomplish a business’s goalsManagement
Men and women with the greatest responsibility for planning, organizing, directing, controlling, and evaluating a company’s resourcesTop-Level Managers
Job titles include plant manager, operations manager, and department headMiddle-Level Managers
Duties would include overseeing a small group of workers with less experienceFirst-Line Managers
Setting objectives and making long- and short-term plans for meeting the objectivesPlanning
should set out the steps to be followed to meet the goals and should be flexible and allow for change.Plans
Obtaining and coordinating resources so that a business’s objectives can be metOrganizing
Involves influencing, teaching, guiding, and directing people to carry out their assigned tasks to meet goals that have been setLeading
Setting standards for work and Solving problems that prevent completion of required tasks according to those standardsControlling
could include sales quotas or project goalsStandards
Businesses have _______ that establishes which person or group has authority over other persons or groupsorganization


Business Education Teacher
Union County High School
Laurens, SC

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