7.1 Biz Organizations & Mgmt

Match the following

• Workers with various skills and experience are brought together to solve a specific problem or task

• organizational structure

• Workers that share the same skill set and expertise are brought together for a specific function

• line of authority

• business identifies the hierarchy of the employees within the business

• Matrix organizational structure

• authority structure in a company from the highest to the lowest levels

• Functional organizational structure

• Organizational structure

• supports the four functions of business & It helps the efficiency of the flow of communication between the functions

Once the ​ (a)   is established, the company can create ​ (b)   .

• mission
• goals
• picture
• dreams

outlines how company decisions are made

• Goal

• Structure

• policy

• procedure

describes how tasks should be completed

• policy

• procedure

• outline

• to-do list

is a diagram that shows the structure of an organization - who answers to whom

• Organizational structure

• Flow Chart

• my boss

• organizational chart

Match the following

• All of the authority within a business rests with top management.

• Decentralized organization

• Authority within a business is given to various managers that run their own departments.

• Centralized organization

• Responsibilities and authority are divided among certain areas or departments within the business.

• Departmentalization

is the process of controlling and making decisions about a business

• senior management

• middle management

• supervisory

• management

Match the following

• consists of a company’s board of directors, president, and other high-ranking managers

• Middle management

• First-line management

• senior management

• consists of a company’s division managers and department directors

• supervisory management

• Top management

• Top management

• coordinates and supervises the activities and duties of employees

• First-line management

How many functions of management are there in business?

• 4

• 5

• 6

• 7

Match the following

• is the process of setting goals and deciding how to accomplish them

• detailed

• A well-written management plan is

• The steps involved in reaching goals are then developed into a

• is an outline of the actions needed to accomplish a goal

• Planning

• plan

• plan