Benefits & Disadvantages of a Functional Organizational Structure The functional organizational structure groups employees according to broad business activities‚ resulting in departments such as finance‚ marketing and production. These departments might be further divided‚ depending on a company’s size and needs. Departmental managers supervise a wide base of employees below them. These managers are in turn supervised by more-powerful managers‚ who answer to one powerful boss‚ perhaps a CEO
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Advantages and Diadvantages of a duoppolistic Market structure jaiveer Khurana GBBA10028 09/10/2013 Advantages and Disadvantages of a Duopolistic Market structure A duopolistic market structure is a form of oligopoly in which two main companies dominate most of the market share of a particular product or a service. The impact on the market is quite similar to that of a monopoly. In a duopolistic market structure the companies that have a duopoly reap the full benefits of controlling the price
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customers‚ clients‚ and the community. For those that consist of more than one person‚ internal as well as external relationships have to be created and maintained. Organisations therefore consist of individuals‚ groups‚ and relationships. Objectives‚ structures‚ systems and processes are then created to give direction and order to activities and interactions. OB is thus of great concern to anyone who organises‚ creates‚ orders‚ directs‚ manages‚ or supervises the activities of others. It is also of concern
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concept "Matrix-Organisation" exists. Nevertheless some general principles can be found: -While in the conventional organisation forms just one criterion is selected and used for the structure on a certain level‚ it is typical for the matrix organisation that simultaneously and with equal rights two or more structure features are taken into consideration. -Thereby emerges a "mixed organisation form"‚ which also contains a horizontal responsibility as an addition to the vertical hierarchy. Under the
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Design and Structure (Advantages and Disadvantages) Each person assumes a role within the organization‚ and the organizational structure determines the reporting relationship between the individuals. The organization’s strategy determines the organizational structure that will work best for a business at a particular point in time. For example‚ a small business that hires only experienced personnel‚ who require limited supervision‚ will likely adopt a different organizational structure than will
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What are the advantages and disadvantages of the Matrix form of structure? Organisational structure refers to the way that tasks and responsibilities are allocated to individuals and the ways that individuals are grouped together into offices‚ departments‚ and divisions. Mangers often describe their organisation by drawing an organisation chart which shows the structure of an organisation and the relationships and relative ranks of its profits and positions. When small businesses are started
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Working as a team in a project environment is quite complex. The complexity increases when the number of members within group increases or project becomes bigger. There always will be issues within a team because people behave differently from each other and it is only a matter of time when the group will face their first issue. Issues will cause friction between team members which then will lead to time lost and low productivity. To become a winning team it was important to resolve any issues within
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evaluate and discuss critically three different principles of project management under the following tasks : Task 1 Task 2 Task 3 Organisation Structure Risk Management Project Planning The details of the tasks are explained below: TASK 1: ORGANISATION STRUCTURE Question Discuss the relative advantages and disadvantages of the functional‚ matrix‚ and dedicated team approaches to managing projects. [20 marks] TASK 2: PROJECT RISK MANAGEMENT GiGi Incorporated The rapid growth of the telecommunications
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and five disadvantages of using case structures to program multiple alternative decisions Advantages: 1. Easier to debug 2. Easier to read 3. Easier to understand 4. Easier to maintain 5. Faster execution Disadvantages 1. Frequent source of bugs 2. Have a longer program than necessary 3. Error control harder to manage 4. Debugging may have issues 5. Program may look right and run right in part of the program but not in another List five advantages and five disadvantages of using
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Densie Keaton Social Networking Advantages and Disadvantages HLT 610 Grand Canyon University Finding the advantages and disadvantages of social networking for career advancement was to say the least interesting. The employment advancement with Social media in education can teach students marketing skills early on in the process. When using sites like Facebook‚ twitter‚ and Instagram individuals are able to send information about themselves out to millions of people. If that same person
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