Exam 11: Organizational Structure

A(n)________ is one that identifies a set of business capabilities central to high-profitability operations and then builds a virtual organization around those capabilities.

When a firm diversifies,top management may be:

Manufacturers often organize sales into divisions based on:

Management icon Jack Welch coined the term _________ to characterize his vision of what he wanted GE to become.

Twenty-first-century corporations reflect:

A divisional structure allows corporate management to ________ for the strategic management of distinct business entities.

_______ means removing human minds and hands from an organization's most routine tasks and replacing them with computers and networks.

Specialization among workers is most used in a:

________ exist between different departments or functions in a firm.

The _______ is an adaptation of the divisional structure whereby various divisions or parts of divisions are grouped together based on some common strategic elements,usually linked to distinct product/market differences.

The structure of a simple organization:

The ______ is where the corporate entity is a broad collection of often unrelated businesses and divisions such that it acts as financial overseer having the ownership interest in various parts of the company but has little direct managerial involvement.

_______ is the most rapidly growing segment of the outsourcing services industry worldwide.

Once a business grows from a simple structure,it usually leads to the need for a:

Simple structures encourage employees to:

In the twentieth century,successful organizations required:

The team in a product-team structure is usually created at _______ and they stay with it indefinitely if it becomes a viable business.

__________ such as project teams or planning committees is frequently used in functionally organized firms to enhance coordination and to facilitate understanding across functional areas.

The divisions in a _______ operate autonomously.

Team members in a product-team structure are: