The Five Forces Model is a commonly used method of Analyzing the competitive environment. b. a. \text{Liabilities $\And$ Stockholders Equity}\\ A functional structure Where do you want to be? GrosssalesReturnsandallowancesNetSalesCostofbeginninginventoryCostofpurchasesCostofendinginventoryCostofgoodssoldGrossProftTotalperatingExpensesNetincome. 1)A process by which Cooper centralizes decision-making by its top managers so that excessive spending can be identified, 2)A process by which Cooper creates economies of scale and scope by pursuing rapid growth initiatives, 3)A process by which Cooper standardizes capabilities across all business units and assures that high quality standards are met, 4)A process by which Cooper finds synergy with existing business units and improves operational efficiency, Explore over 16 million step-by-step answers from our library, m risus ants a molestie consequat, ultrices ac magna. In a _____ organization, the entire work flow is mechanized in a sophisticated and complex form of production technology. b. it makes efficient use of human resources. As a project manager, you want to integrate change management into your project. It clearly lays out the chain of command and reporting relationships, which, in turn, facilitates efficient communication and task delegation. a. This level of change is referred to as _____. b. functional leader &\text{Net income}&\quad \underline{\qquad\qquad} \qquad\qquad\quad \underline{\qquad\qquad} \\\\ b. Organizational structure, product, and business model are critical to enabling a company to scale up. e. Continuous process production. Those startups managed to build products much faster, with much less politicized, an iterative approach to growth, thus disrupting the incumbents. a. divisional, teams d. A functional structure Organ Rentals Corporation has been having numerous problems. a. along divisional lines. Policies b. five Planning b. Shooting Star, Inc. has slow response to external changes, centralized decision making, and poor coordination across departments. When departments are grouped together on the basis of organizational outputs, the organization is using a: 1 point ~How members of the organization relate to and interact with one another ~How changes are implemented within the organization ~How the organization's identity and personality is demonstrated How leadership creates operational processes within the organization A Question 2 e. moderating manager, Lisa is responsible for coordinating the efforts of several different departments. Washington, DC: American Public Health Association. for Mydeco Corp, Mydeco Corp. 20122016 \hspace{30mm} (All data as of fiscal year end; in million)million)million), Incomestatement20122013201420152016Revenue401.9361.6429.6513.6602.6CostofGoodsSold(192.1)(175.4)(207.1)(248.3)(295.8)GrossProfit209.8186.2222.5265.3306.8SalesandMarketing(65.0)(64.4)(84.3)(104.9)(121.1)Administration(61.8)(57.1)(59.0)(66.9)(79.8)Depreciation&Amortization(27.5)(26.3)(32.5)(38.3)(40.1)EBIT55.538.446.755.265.8InterestIncome(Expense)(32.4)(31.8)(32.0)(37.0)(40.9)PretaxIncome23.16.614.718.224.9IncomeTax(8.1)(2.3)(5.1)(6.4)(8.7)NetIncome15.04.39.611.816.2Sharesoutstanding(millions)56.856.856.856.856.8Earningspershare$0.26$0.08$0.17$0.21$0.29BalanceSheet20122013201420152016AssetsCash49.468.091.780.483.6AccountsReceivable87.670.669.377.484.2Inventory33.532.227.330.235.8TotalCurrentAssets170.5170.8188.3188.0203.6NetProperty,Plant&Equip.244.3243.3306.1349.6347.9Goodwill&Intangibles365.5365.5365.5365.5365.5TotalAssets780.3779.6859.9903.1917.0Liabilities&StockholdersEquityAccountsPayable18.818.822.427.130.3AccruedCompensation7.66.37.57.79.4TotalCurrentLiabilities26.425.129.934.839.7Long-termDebt498.9498.9572.2597.5597.5TotalLiabilities525.3524602.1632.3637.2StockholdersEquity255.0255.6257.8270.8279.8TotalLiabilities&StockholdersEquity780.3779.6859.9903.1917.0StatementofCashFlows20122013201420152016NetIncome15.04.39.611.816.2Depreciation&Amortization27.526.332.538.340.1Chg. A company's schedule and plans b. vertical structure Lorem ipsum doloricitur laoreet. It might make it difficult for employees to understand their place in the organization. Commissions do not affect our editors' opinions or evaluations. Specialization principle Conversely, with a decentralized organizational structure, teams have more autonomy to make decisions and there may be cross-collaboration between groups. e. mass, Swift Move Facilities manufacturers two different bicycle models. This structure can foster efficiency, teamwork and specialization, but it can also create barriers between the teams if communication isnt prioritized. Commonstock,$5parvalueTreasurystockRetainedearningsPaid-incapitalinexcessofpar-commonstock$510,00090,0002,340,0001,320,000. Read Also:Flat Organizational Structure In A Nutshell. c. There is good coordination across divisions. Success criteria, Question 7 c. Time and resources spent on meetings While most traditional companies run this kind of organizational structure, many startups that need to make sure its small teams remain flexible and adaptable might opt for a different structure, where people are incentivized to form cross-functional teams. e. all of these, Which of the following structures is most consistent with a strategy of stability? a. horizontal, vertical The company produces a high volume of products using standardized production runs. How changes are implemented within the organization Donec aliquet. $\And$ Stockholders Equity} & 780.3 & 779.6 & 859.9 & 903.1 & 917.0\\ Members of each have an ongoing dialogue with members of the coordinating council, and also with their action committees. 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 _____. And yet, over time, while with a tweaked organizational structure, they also turned into more hierarchical organizations! a. people; the project Which of the following characteristics distinguishes authority? Organizational structures differ in terms of departmentalization, which is broadly categorized as either functional or divisional. a. Scalar principle A Drawbacks in a current scientific process are mentioned and a new process is introduced which overcomes the drawbacks. Commonstock,$5parvalue$510,000Treasurystock90,000Retainedearnings2,340,000Paid-incapitalinexcessofpar-commonstock1,320,000\begin{array}{lr} d. Functional a. Donec aliquet. Relative to the functional structure, the divisional structure: As things scale, many of those former startups, now becoming tech giants (Apple, Google, Amazon), became much more hierarchical organizations! e. Span of management, The formal and legitimate right of a manager to make decisions is _____. With a matrix organizational structure, there are multiple reporting obligations. In part, thats because large corporations are extremely well aligned with their key customers. In contrast, his friend Rhonda, a customer service representative for YZ Retailers, has only four levels of management between her and the company CEO. a. department manager You estimate it will cost $10,000 up front. Recently, his organization began to contract out such functions as training, engineering, and computer service. Culture development based on the shape of the organization. Change management b. managers spend much time resolving conflict. You also estimate costs of $100 per month for the first 12 months, which equals $1,200 per year. d. formalization. b. Divisional It refers to the traditional, top-down reporting structure with a clear chain of command. Editorial Note: We earn a commission from partner links on Forbes Advisor. Which term refers to the delivery of a completed project and its successful adoption by an organization? Fusce dui lectus, congue ve ve,

ctum vitae odio. Select all that apply. Developing Multisector Task Forces or Action Committees for the Initiative, Section 4. b. Boars' Nest's structure is too horizontal. d. Project manager Organizational structures can be centralized or decentralized, hierarchical or circular, flat or vertical. d. vertical functional d. high quality technical problem solving. Stakeholder availability &\text{Cost of purchases}\\ \text{Balance Sheet} & 2012 & 2013 & 2014 & 2015 & 2016\\ Thats because often, opportunities that dont make sense in terms of the bottom line and key customers might also be those that, in the long run, will turn out to succeed. Productivity via a system meant to use the people part of the organization in the best possible way. b. 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. Classic examples of extremely centralized organizations are represented by Government and bureaucracies in general. All of the following are advantages of a functional structure EXCEPT: d. A horizontal structure Pellentesque dapibus efficitur laoreet. c. authority and responsibility in top management's hands. d. Subordinates are highly trained and need little direction. e. teams, networks. \text{Accrued Compensation} & 7.6 & 6.3 & 7.5 & 7.7 & 9.4\\ The spirit of coalition building. Course Hero is not sponsored or endorsed by any college or university. \end{array} b. It is a process of standardizing processes, organizational structure and capabilities, as well as centralizing decision-making for efficient and effective operations. Put it in the bottom right corner of the design. b. matrix structure. c. department boss e. give thorough instruction. e. Marketing department, Which of the following refers to the number of employees reporting to a supervisor? b. line manager As project manager, you approve a team members request to change the order of their tasks because they think it will be more efficient. It is a top-down approach. \text{Administration} & (61.8) & (57.1) & (59.0) & (66.9) & (79.8)\\ d. Top management becomes more autocratic. a. innovation. Which of the following best describes organizational structure? Which answer best describes a Classic organizational structure? This would suggest that Tara's Terrace has a: d. all of these Thank you for reading CFIs guide to the Best Organizational Structures for a Business. It is important to highlight that the more a company grows, the more culture and organizational design might matter compared to business model innovation. c. motivating Organizational structures are essentially blueprints that reveal how companies are run and managed and how information is passed within the organization. You should think about structure early in the development of your organization, but be aware that the type that fits best may change as your organization grows. a. Structured Query Language (known as SQL) is a programming language used to interact with a database. Excel Fundamentals - Formulas for Finance, Certified Banking & Credit Analyst (CBCA), Business Intelligence & Data Analyst (BIDA), Commercial Real Estate Finance Specialization, Environmental, Social & Governance Specialization, Cryptocurrency & Digital Assets Specialization (CDA), Business Intelligence Analyst Specialization, Financial Planning & Wealth Management Professional (FPWM). 1 point We learned this in these three decades of development for the Internet, where we were lean startups taking over large and established players. Finally, within each department, there are managers and employees. As a project manager, you learn that the stakeholders are changing the nature of the project and the teams deliverables will change as a result. It is a type of organization that blends elements of a functional and divisional structure. b. responsibility a. functional d. tight vertical control d. mechanistic technology. Select all that apply. Nam risus ante, dapibus a molestie consequat, ultrices ac magna. 1 point How the different members of an organization relate to one another Yet while flatter organizational structure proved quite effective in scaling things up. d. narrow; more \text{July 31, 2012 and July 31, 2013}\end{array} Unity of command Question 1 Which of the following best describe organizational structure? Access to over 100 million course-specific study resources, 24/7 help from Expert Tutors on 140+ subjects, Full access to over 1 million Textbook Solutions. Select all that apply. The work in Louise's department is low in task specialization. Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. 1 point b. b. vertical functional Positions and departments are deleted. Wide Question 2 The organizational structure is how the company delegates roles, responsibilities, job functions, accountability and decision-making authority. a. Boars' Nest's structure is too loose. e. enlarged tasks for employees. Juan is a top manager at I.F.L., a matrix organization. We do not offer financial advice, advisory or brokerage services, nor do we recommend or advise individuals or to buy or sell particular stocks or securities. The geographical structure enables the company to create bespoke organizational structures that align with the locations culture, language and professional systems. 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. b. amount of differentiation. a. Nichole's span of management can be larger than Kevin's. b. a permanent d. The management chain e. functional approach, In the _____ structure, the organization is viewed as a central hub surrounded by a network of outside specialists which are sometimes spread all over the world. For instance, in between the hierarchical and flatarchy, there might be several levels of organizations based on how loose are those hierarchies. Accounting All of the following are advantages of a divisional structure EXCEPT: c. easy pinpointing of responsibility for product problems. a. differentiation The span of management This approach is consistent with a _____ structure. What is the benchmark salary for people performing this project role? 1. Unity of direction d. chain of command. \underline{\text{Interest Income (Expense)}} & (32.4) & (31.8) & (32.0) & (37.0) & (40.9)\\ However, at the level of the bottler, once operations are established, Coca-Cola leaves them independent to run the business. a. division of labor. b. delegation Which of the following happens as organizations grow? To get the best possible experience please use the latest version of Chrome, Firefox, Safari, or Microsoft Edge to view this website. b. has a higher degree of work specialization. List of Excel Shortcuts 'Cause, you know, the strategies you use to stop a ninth grader from bringing a gun to school just aren't the same as the ones you use to stop a 40-year-old man on unemployment from beating his wife.". 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 _____. What steps should you take? e. matrix structure. It also shows who has the power to make important decisions. \text{Total Current Assets} & 170.5 & 170.8 & 188.3 & 188.0 & 203.6\\ b. the possibility of losing an important part of the organization. e. Tall structure. However, this structure runs the risk of being too confining and it can impede employee growth. Question 7 e. twenty, Shoshanna is manager of a customer service firm where she oversees five subordinates. For example, an employee who specializes in a particular product might have both the functional reporting line and a geographic reporting line. B A new scientific process is mentioned and pros and cons of the process are discussed. Lorem ipsum dolor sit amet, consectetur adipiscing elit. d. differentiation d. top leader &\text{Cost of beginning inventory}\\ b. modular At the same time, its important that the company keeps looking at business model innovation as a long-term survival mechanism. In short, after a certain threshold of the scale of a product into a company, which starts to hire thousands of employees, it seems there is no going back from hierarchy to flatarchy. An organizational structure creates this framework. d. Small-batch production a. integration The distribution can be formal or informal, temporary or enduring, but every organization will have some type of division of labor. So they can demonstrate how a project supports the company's mission and values c. matrix, teams \text{Total Liabilities b. Nichole will have problems with unity of command. It's All About the Base: A Guide to Building a Grassroots Organizing Programfrom Community Catalyst. An example is Googles early days, a flat organization with functional teams organized around projects. For instance, some organizations are typically hierarchic, which implies a top-down approach of information flow and definition of roles. a. matrix a. diversification approach The Ste. 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. It is important to deal with structure early in the organization's development. c. permanent committee This is an example of poor _____. d. Narrower spans of management The Tool Box needs your help The team approach to departmentalization is a response to: 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. c. A divisional structure Other types of organizational structure might also be based on several factors. b. tangible output. Layoffs Which of the following best describes organizational structure? Processes, Question 10 While this sounds interesting in theory, for larger organizations where most of the activities are focused on keeping and maintaining existing processes intrapreneurship might not be viable if applied to the whole organization. In business, what is the management framework within which decisions are made and accountability is determined? c. degree of centralization. The line of authority Agile A company's structure, hierarchy, and goals a. "All of it is interrelated, and all of it applies to our mission of increasing the safety of residents of South Haven, as well as that of our visitors. For example, from the director of a coalition to reduce violence in a medium-sized city: "Currently, we have three operational task forces. e. flat. It allows for easy communication among project teams that sit across different functions. 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. The pure functional structure does not enable the organization to be: Flowcharts to illustrate the project's development process An organization's external environment is also referred to as the general environment. c. Traditional divisions a. it increases employee participation. Swift Move uses what type of technology structure? Functional Organizational Structure One of the most common types of organizational structures, the functional structure departmentalizes an organization based on common job functions. e. all of these. As it might make people report to several bosses within the same organization and the communication flow might become too challenging as this might also generate confusion in the executive and management. Increased barriers among departments Moonshots do not have to be aligned with the core business model of the company. Berkowitz, W.,&Wolff, T. (1999). &2013& A tight structure Human Resources department Meeting availability

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