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Question 4: Structure can be shown visually in an organizational chart. When managers create or change the structure, they're engaged in organizational design, a process that involves decisions about six key elements: work specialization, departmentalization, chain of command, span of control, centralization and decentralization, and formalization. Define each of these key elements

Question 4: Structure can be shown visually in an organizational chart. When managers create or change the structure, they're engaged in organizational design, a process that involves decisions about six key elements: work specialization, departmentalization, chain of command, span of control, centralization and decentralization, and formalization. Define each of these key elements

Understanding Business
Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Question 4: Structure can be shown visually in an organizational chart. When managers create or change the structure, they're engaged in organizational design, a process that involves decisions about six key elements: work specialization, departmentalization, chain of command, span of control, centralization and decentralization, and formalization. Define each of these key elements Question 5: BCG matrix is a strategy tool that guides resource allocation decisions on the basis of market share and growth rate of SBUS. It includes Four Categories: Store
Transcribed Image Text:Question 4: Structure can be shown visually in an organizational chart. When managers create or change the structure, they're engaged in organizational design, a process that involves decisions about six key elements: work specialization, departmentalization, chain of command, span of control, centralization and decentralization, and formalization. Define each of these key elements Question 5: BCG matrix is a strategy tool that guides resource allocation decisions on the basis of market share and growth rate of SBUS. It includes Four Categories: Store
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