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BM-105

Ec-103

TermDefinition
Authority The formally granted of an individual to make decisions, pursue goals, and obtain the resources necessary to support those decisions goals
Chain of command The flow of authority within an organization; also called line of authority
Communication An exchange if information in which the words and gestures are understood in the same way by both speakers and the listeners
Delegation Assigning tasks to subordinates
Division of labor Dividing a large job into units , or job tasks , and assigning an individual todo each of the tasks
Divisional Structure An organizational design in which the firm is broken into units according to factors such as products, process, territory , customer type, etc.
Functional Structures An organizational design in which the firm is broken into traditional departments, each with its own set of responsibilities and activities.
Innovation The creation or discovery of something new, such as new product, strategy, or process
Job Specialization Becoming an expert in specific work task
Lateral Relations The amount of teamwork included in an organizational design
Line Authority Formal, Direct authority that affects a business day-to-day operations
Line of command See chain of command
Matrix Structures An organizational design that combines the traditional functional structure with the divisional structure
Objectives Goals to be reached
Organizational Charts A graphical representations of flow of authority within an organization
Organizational Structure See organizational design
Productions manager An individual who monitors one or more existing products and develops new products
Productivity The amount of work employees perform in given period and develops new products
Responsibility The duty to get a job done
Scalar Principles Creating authority that flows in a clear, continuous lie
Span of control The measurement of how many workers are supervised by one manager
Staff authority Advisory authority, often without ability to enforce or take action
Created by: Kenron.m201
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