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1.04 SM-064 glossary

business management 1

QuestionAnswer
Authority the formally granted influence of an individual to make decisions, pursue goals and obtain of resources necessary to support those decisions and goals.
chain of command the flow of authority within an organization.
departmentalization the way departments are defined and arranged.
division of labor the process of dividing of a large job into units or job tasks and assigning an individual to do each of the tasks
functional structure an organizational design in which the firm is broken down into units according to factors such as product process territory customer type, etc.
matrix struture
organizational chart
organizing structure
organizing
scalar principle
span of control
specialization
unity of command
Created by: melina.n499
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