Organizational Design Flashcard

Front

What is Indirect Compensation (IC)?

Back

Indirect Compensation refers to non-monetary benefits provided to employees, such as awards, recognition, and other perks that enhance their overall job satisfaction.

Front

What is Matrix-Project Design in organizational structure?

Back

Matrix-Project Design is an organizational structure where employees are assigned to specific projects and report to both functional and project managers, allowing for flexibility and collaboration.

Front

What characterizes a Simple Design organizational structure?

Back

A Simple Design structure is typically found in small businesses where the owner oversees all operations and decision-making, resulting in a flat hierarchy.

Front

What is the purpose of Compensation in an organization?

Back

Compensation involves reviewing and adjusting salary structures to ensure competitive pay that aligns with industry standards and employee roles.

Front

What is the primary role of a marketing department?

Back

The primary role of a marketing department is to create demand and drive revenue for the company through strategies like market research and advertising.

Front

Define Direct Compensation (DC).

Back

Direct Compensation refers to monetary payments made to employees, including salaries, wages, bonuses, and commissions.

Front

What is Functional Design in organizational structure?

Back

Functional Design is an organizational structure where employees are grouped based on their specific functions or roles, such as marketing, finance, and operations.

Front

What is Team Design in organizational structure?

Back

Team Design is an organizational structure that emphasizes collaboration among employees who work together in teams to achieve common goals.

Front

What is Divisional Design in organizational structure?

Back

Divisional Design is an organizational structure where the company is divided into semi-autonomous units or divisions, each responsible for its own operations and performance.

Front

What is Performance Appraisal?

Back

Performance Appraisal is the process of evaluating an employee's performance and providing feedback to improve future performance.