5 Questions
Why is it important for an IC's structures and systems to be consistent with each other and with the environmental context in which the organization is operating?
To ensure efficient and effective integration of the company's worldwide business activities.
What is organizational structure?
The way an organization formally arranges its domestic and international units and activities and the relationships among these components.
What are the two main issues to consider in designing an IC's structure?
Departmentalizing to most effectively take advantage of efficiencies gained from specialization of labor, and coordinating the resulting departments' activities to meet the firm's overall objectives.
What are the four elements that need to be considered when designing the structure of an IC?
Product and technical expertise for the company's different businesses, geographic expertise on the countries and regions in which the company operates, customer expertise to gauge the similarity of client groups, industries, market segments, or population groups that transcend the boundaries of individual countries or regions, and functional expertise in the company's value chain activities.
Does structure follow strategy?
Yes, in that the IC's strategic planning process often discloses a need to alter the organization.
"Mastering Organization Structure: Test Your Knowledge" - Test your understanding of organization structure with this informative quiz. From formal power and authority to the relationships between units and activities, this quiz covers all the essentials. Take your organizational skills to the next level and impress your colleagues with your knowledge. Keywords: organization structure, authority, relationships, chart, development.
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