restructure S&F Online to create a unified team‚ our goal is to address six key elements that managers need to concentrate on when redesigning an organizational structure. These building blocks of the organization are: work specialization‚ departmentalization‚ chain of command‚ span of control‚ centralization and decentralization and formalization (Robbins & Judge‚ 2007). However‚ we realize that when new forces come into an organization the results are not always easy or pleasant for those involved
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2003). The top managers of the organizations spend most of efforts to design the organization structure‚ in order to approach their objectives. To design the organizational structure‚ it involves six key elements‚ such as: work specialization‚ departmentalization‚ chain-of-command‚ span of control‚ centralization and
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There are many different definitions for Conflict of Interest‚ but most all mean the same or point to the same direction. When gifts‚ outside activities such as consulting‚ or financial and fiduciary interest have potential to create a certain decision or commitment with a business it is considered conflict of interest. Although there are numerous definitions the one adopted by the Institute of Medicine is helpful. It states‚ “A conflict of interest is a set of circumstances that creates a risk that
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2000‚ US based Citibank and South Africa based Standard Bank started providing financial services in Tanzania. Both the banks claimed to possess global “best practices” in managing their organizational structures and human resource management policies. All foreign investors to Tanzania faced the same sort of pressure of thinking GLOBALLY but acting LOCALLY. Now we have to find out whether their actions really reflect “HR best practices” or not. Citibank Ltd. in Tanzania: Citibank opened three
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chart‚ describes how an organization is supposed to work. The informal structure of organization consists of the unofficial working relationships among members. Study Question 2: What are the major types of organization structures? Departmentalization is the process of grouping people together in formal work units or teams. In functional structures‚ people with similar skills who perform similar activities are grouped together under a common manager. In divisional structures‚ people who
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Chapter 10 Designing Adaptive Organizations Chapter Outline I. Organizing the Vertical Structure A. Work Specialization B. Chain of Command C. Span of Management D. Centralization and Decentralization II. Departmentalization A. Vertical Functional Approach B. Divisional Approach C. Matrix Approach D. Team Approach 5. The Virtual Network Approach F. Advantages and Disadvantages of Each Structure III Organizing for Horizontal Coordination 1. The Need for Coordination 2. Task Forces
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SAMPLE of MID-TERM EXAM QUESTIONS SUBJECT: INTRODUCTION TO BUSINESS (QSA 0274) and BUSINESS STUDIES (QSA 0294) SECTION A: MULTIPLE CHOICE QUESTIONS (15 MARKS) Instruction: Answer all questions. Circle the correct answers in the answer box provided. Use pen. 1. When medical research indicated that a high-fiber diet might help reduce one’s risk of colon cancer‚ a few producers of fiber cereals
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Organizational Structure Defined An organizational structure is a composition that specifies a company’s hierarchical structure. There are various kinds of conformations that organizations can choose to build their business around. The organizational structure exemplifies the way in which control and business affairs have been appointed within the organization. Organizational structure encompasses the design of an organization though people positioning and responsibilities in order
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VAN MAHAN Professional Summary Vani is a Marketing professional. She has had the opportunity to work in Online Marketing and Market Research domains with Rocket Internet‚ Singapore and Brandscapes Worldwide‚ India. Vani has worked with Rocket Internet‚ one of the largest and most successful international online venture builders. She was a part of Zalora‚ an online fashion retail venture of Rocket Internet. Vani was responsible for Search Engine Marketing (SEM) for Zalora Philippines. She was
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Contents Introduction and Background 2 Industry 2 Fairmont 2 Marriott 2 Why These Two Companies? 3 Environmental Analysis 4 General Factors 4 Specific Factors 4 Customers 5 Environmental Uncertainty 5 Shareholders/Stakeholders and their Interests 5 Hotel Industry Changes in 3 to 5 years 5 Organizational Culture 6 How Is Company Culture Established? 6 How is Culture Developed? 6 How is Culture Maintained? 7 Social Responsibility and Ethics 8 Reputation 8 Ecological Footprint
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