IB Business Management SL - 2.2. Organizational structure

studied byStudied by 5 people
0.0(0)
Get a hint
Hint

Levels of hierarchy

1 / 17

18 Terms

1

Levels of hierarchy

The level of responsibility in the business

New cards
2

Chain of command

The formal route that a decision in an organization must follow, usually from the top to the bottom

New cards
3

Span of control

The number of subordinates directly under the authority of a manager

New cards
4

Delegation

Giving the subordinate the authority to make a particular decision

New cards
5

Centralization

All major decisions in the business are made by a small group (managers) that works closely with the CEO

New cards
6

Decentralization

Daily operations and decisions are delegated to middle and lower-level managers

New cards
7

Bureaucracy

The relative importance of rules and procedures. More bureaucracy means more rules and paperwork.

New cards
8

De-layering

Removing a layer in the hierarchy of the business, intended to make the business less bureaucratic

New cards
9

Reasons for de-layering

Costs are reduced, communication speed is increased, delegation is fomented

New cards
10

Tall organizational structure

Many levels of hierarchy, narrow spans of control, long chains of command, centralized.

New cards
11

Flat organizational structure

Few levels of hierarchy, wider spans of control, shorter chains of command, decentralized

New cards
12

Organizational structure by hierarchy

Shows the chain of command in a particular business

New cards
13

Organizational structure by function

An organizational structure where employees are grouped by departments

New cards
14

Organizational structure by product

An organizational structure based on what a particular business produces

New cards
15

Organizational structure by region

Organizational structure present in businesses that carry out certain activities in different parts of the world.

New cards
16

Project-based organization

A market structure in which employees are organized around different projects that a firm carries out

New cards
17

Shamrock organization

A market structure in which a business trims its workforce to retain only multi-skilled core. All other non-central functions are outsourced.

New cards
18

Organizational roles

CEO, Director, Manager, Supervisor, Employee

New cards

Explore top notes

note Note
studied byStudied by 12 people
... ago
5.0(1)
note Note
studied byStudied by 26 people
... ago
5.0(1)
note Note
studied byStudied by 126825 people
... ago
4.9(606)
note Note
studied byStudied by 13 people
... ago
5.0(1)
note Note
studied byStudied by 18124 people
... ago
4.7(73)
note Note
studied byStudied by 47 people
... ago
5.0(1)
note Note
studied byStudied by 54 people
... ago
5.0(1)
note Note
studied byStudied by 672 people
... ago
4.2(5)

Explore top flashcards

flashcards Flashcard (23)
studied byStudied by 174 people
... ago
5.0(1)
flashcards Flashcard (28)
studied byStudied by 6 people
... ago
5.0(1)
flashcards Flashcard (67)
studied byStudied by 3 people
... ago
5.0(1)
flashcards Flashcard (38)
studied byStudied by 74 people
... ago
5.0(4)
flashcards Flashcard (24)
studied byStudied by 1 person
... ago
5.0(1)
flashcards Flashcard (187)
studied byStudied by 18 people
... ago
5.0(2)
flashcards Flashcard (238)
studied byStudied by 2491 people
... ago
5.0(10)
flashcards Flashcard (21)
studied byStudied by 7 people
... ago
5.0(1)
robot