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1.04 SM-064 glossary
business management 1
Question | Answer |
---|---|
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 |