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Chapter 4 POB

AB
Goalsthe results a business expects to achieve.
responsibilityobligation to do an assigned task is called
Strategic planningprovides broad goals and direction for the entire business
GoalsTHESE must be communicated to employees
broken linesStaff advice is usually illustrated on an organization chart with THESE
ProceduresTHESE can be developed to describe how a policy should be implemented.
GoalsTHESE keep the business focused on where it wants to be in the future and the results it expects to achieve.
a line organizationAll authority can be traced in a direct line from the top to the bottom in
OrganizingThe three major elements of effective _____________ are the division of work, the facilities and working conditions, and the employees.
Organization chart3 benefits of THIS are that it indicates lines of promotion, shows the departments that make up the business, shows to whom each employee reports.
ConsistentThe benefits of having policies to guide decisions is that decisions will be THIS
supervisorUnity of command requires that no employee have more than one ___________ at a time
bottomAuthority in an organization is delegated from top to ___________
flattened organizationAn organization with fewer levels of management than traditional structures.
visionA broad, long-term, and often inspirational view of a company’s reason for existing
self-directed work teamA team in which members together are responsible for the work assigned to the team
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
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.
decentralized organizationA business which is divided into smaller operating units, and managers who head the units have almost total responsibility and authority for operations
empowermentAuthority given to individual employees to make decisions and solve problems they encounter on their jobs with the resources available to them.
business planA written document that describes the nature of the business, its goals and objectives, and how they will be achieved.
team organizationBusiness structure that divides employees into permanent work teams.
standardsAfter THESE are set in a department, they should WILL need to be be revised.
managersALL levels of these are involved in planning not just top level
strategicThe results of THIS planning are goals and strategies that guide the entire business
Unity of commandIf an employee regularly receives instructions from more than one manager, there is a problem with
accountabilityThe obligation of an employee to accept responsibility for the outcomes of assigned tasks
operation plansExamples of THESE include developing a department budget, planning inventory levels, setting monthly production levels
In writingIn order to be effective, a business plan should always be THIS


Marketing Education/DECA
Terre Haute South High School
IN

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