Departmentalization Study guides, Class notes & Summaries

C201 Business AcumenWhich part of the organizing process aids in effective and efficient progress toward planned goals and often results in changes within the organization? - correct answer Evaluating results What is the result of a company increasing the delegation of authority and the span of control? - correct answer Increased number of direct reports per manager Which two key elements does an effective organization include? - correct answer Human interaction, structure Why doe...

Job specialization - is the degree to which the overall task of the organization is broken down and divided into smaller component parts. For example, when Walt Disney started his company, he did everything himself—wrote cartoons, drew them, added the character voices, and then marketed them to theaters. As the business grew, though, he eventually hired others to perform many of these same functions. Job rotation - involves systematically moving employees from one job to another. A ...

WGU D080 Terms exchange rate system - Answer A system where a currency's value is tied to the value of another single currency, to a basket of other currencies, or to another measure of value, such as gold WGU D080 Terms Verified 100% Correct… fixed-rate currency exchange system - Answer When a country's currency value is fixed or pegged by a monetary authority against the value of another currency, a basket of currencies, or another measure of value flat structures - Answer Organiz...

Human Interaction & Structure ANSWER: Which two key elements does an effective organization include? It establishes a direct flow of authority ANSWER: Why does a line organization structure function most effectively in a crisis situation? Departmentalization ANSWER: A company might divide itself into smaller groups that best match the types of customers it serves. What is this an example of? Achievement of company goals ANSWER: Which primary driver does management use for an organ...

Which part of the organizing process aids in effective and efficient progress toward planned goals and often results in changes within the organization? A. Promoting vision B. Evaluating results C. Turning strategy into action D. Determining the specific activities - ANSWER B. Evaluating results What is the result of a company increasing the delegation of authority and the span of control? A. Centralized decision making B. Increased number of managers at the upper management level ...

Human Interaction & Structure - Answer Which two key elements does an effective organization include? It establishes a direct flow of authority - Answer Why does a line organization structure function most effectively in a crisis situation? Departmentalization - Answer A company might divide itself into smaller groups that best match the types of customers it serves. What is this an example of? Achievement of company goals - Answer Which primary driver does management use for an...

Which part of the organizing process aids in effective and efficient progress toward planned goals and often results in changes within the organization? - -Evaluating results What is the result of a company increasing the delegation of authority and the span of control? - - Increased decision-making authority given to employees Which two key elements does an effective organization include? Choose 2 answers - -Human interaction Structure Why does a line organizational structure function mo...

Management - Answer-The process of coordinating people and other resources to achieve goals of an organization Mission - Answer-Planning: Statement of basic purpose. Answers two questions: 1. Who are our customers? 2. What is our core competency? SWOT Analysis - Answer-Strengths, Weaknesses, Opportunities, Threats S.M.A.R.T. Goals - Answer-Specific, Measurable, Attainable, Relevant, and Time Specific Strategic Plan - Answer-Long-Term, Big Plan from upper management Tactical Plan - Answer...

WGU C201Which part of the organizing process aids in effective and efficient progress toward planned goals and often results in changes within the organization? - correct answer Evaluating results What is the result of a company increasing the delegation of authority and the span of control? - correct answer Increased decision-making authority given to employees Which two key elements does an effective organization include? - correct answer Human interaction; Structure Why does a ...

Business Acumen C201 WGU Questions with solutions 2024 Human Interaction & Structure Which two key elements does an effective organization include? It establishes a direct flow of authority Why does a line organization structure function most effectively in a crisis situation? Brainpower Read More Previous Play Next Rewind 10 seconds Move forward 10 seconds Unmute 0:09 / 0:15 Full screen Departmentalization A company might divide itself into smaller groups that be...