The Coca-Cola Company is the world leading beverage organization in manufacturing industry with a history of 126 years‚ operating in more than 200 countries worldwide. Coca-Cola is the world’s most valuable brand in which the company features 15 billion dollars brands that includes Diet Coke‚ Coca-Cola Zero‚ Sprite‚ Fanta‚ Minute Maid and others (The Coca-Cola Company‚ 2006-2012). The company is not a single entity as the organizational operations required cooperation with almost 300 bottling partners
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McKinsey Consulting Company Increased height of company organization structures Presidents Office President of each division Centralization or Decentralization (tending toward) Decentralization 1. Delegate decision making authority to middle and lower level managers 2. Adapt to local conditions. Promotes flexibility 3. Fewer managers needed Centralization 1. Facilitates coordination and planning 2. Decisions fit broad organizational objectives Management Policy – Guidelines for
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Pfeffer & Veiga: Putting People First for Organisational Success Introduction In the practice of management‚ managers are attempting to achieve the better business performance‚ by using diverse methods‚ such as outsourcing‚ expansion‚ as well as focusing on research & design and so forth‚ Pfeffer and Veiga (1999) in their article pointed out most managers had overlooked the role of people in the business success. Pfeffer and Veiga (1999) were convinced that people should rank top in the list of
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Chapter 10 1. Make a list of Starbucks’ goals. Describe what type of goal each is. Then‚ describe how that stated goal might affect how the following employees do their jobs: Open 1200 new stores. Revenue growth of 10 to 13 percent. Earnings per share growth of 15 to 20 percent Develop new coffee products Stay true to its global social responsibilities a) A part-time store employee‚ a barista in Omaha A part time Barista has to contribute to keeping the quality and value of the drinks
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Introduction There is no particular definition of an organization. Different authors have defined organization in different ways. Therefore‚ organization can be define as an institute where a group of people work together to achieve certain goals and objectives. Organization has a distinct purpose and follows a particular strategy to goals or set of goals. Whereas structure is the manner‚ in which something is build. This structure defines and limits the behavior of the members of an organization
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Span of Control * Very Important Key element as it determines the number of people one manager can manage as well as the number of levels and managers an organization has. IV. Centralization and Decentralization * Centralization is more specific to upper levels making the decisions. Decentralization is geared toward the lower levels making decisions. V. Departmentalization * The basis of job grouping in which every organization has a specific way of classifying and grouping
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------------------------------------------------- Top of Form | | | | | Organizational structure is made up of key elements. Which of the following is not one of these elements? | | | | | decentralization | | co-ordination | | span of control | | centralization | | chain of command | | | | | | | | | | | | Which of the following is one of the six key elements a manager needs to consider when designing an organization’s structure? |
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controls should have been implemented. Firstly‚ there was lack of direction because the president of the company was not very regular in showing his presence. He left the firm to an untrained and unskilled accountant. Secondly‚ there was a problem in centralization of resources. Thirdly‚ there was a lack in action control. The managers didn’t know what and how to perform as there was no feedback given to them. They also lacked in Personnel controls in terms of motivation given to employees. After the takeover
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GENERAL PRINCIPLES OF MANAGEMENT Seminar By: Mithra.S Context: 1. What is Management? 2. Functions of Management a. Planning b. Organizing c. Directing d. Controlling 3. Major functional areas of Management e. Production Management f. Personnel Management g. Marketing Management h. Financial Management 4. Fayol’s 14 Principles of Management 5. Managerial Qualities and Training WHAT IS MANAGEMENT? Management is basically concerned
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personnel provide input or are actually given the discretion to make decisions‚ the more _____ there is within an organization. a. centralization b. work specialization c. departmentalization d. decentralization 2. The _____ is a structure characterized by extensive departmentalization‚ high formalization‚ a limited information network‚ and centralization. a. mechanistic model b. organic model c. adhocracy d. simple structure 3. What is a small‚ core organization that outsources
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