Business Essentials (12th Edition) (What's New in Intro to Business)
Business Essentials (12th Edition) (What's New in Intro to Business)
12th Edition
ISBN: 9780134728391
Author: Ronald J. Ebert, Ricky W. Griffin
Publisher: PEARSON
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Chapter 6, Problem 6.12A
Summary Introduction

To explain: A sample organization chart for the new business venture.

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Draw a possible organization chart with this information below (can use other companies charts as examples) From what I understand, CEO(?)President (ray)CIO (ben) Then there are 6 directors listed, but should there be more positions under these directors like other managers or staff that are supossed to be assumed?
What is organizational effectiveness? Suppose you are leading a new social venture that aims to help reduce illiteracy. How would you measure the effectiveness of your social venture? What metrics would you use? Why do you think a multi-dimensional approach of effectiveness is appropriate for social ventures? Efficiency is also discussed in this chapter. Based on your understanding of effectiveness and efficiency, explain when a social venture is effective and efficient. Can a social venture be effective without being efficient or vice versa? Provide examples as appropriate.
Imagine that the start-up company that you proposed to create for your assignment is very successful in twenty years and a large component of it becomes virtual. Outline the focus of your start-up company, its products and services, and its customers. Describe three factors that could make a significant part of the start-up company operations to become virtual. Describe two ways you would manage the virtual component of your business.
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