The process by which a manager assigns tasks to subordinates.

What is Line Authority?

Direct chain of command from top to bottom.

What is Staff Authority?

Authority based on expertise, advising line managers.

What is Committee and Team Authority?

Decision-making power given to teams or committees.

What is Functional Structure?

Organizing by business functions (e.g., marketing, finance).

What is Divisional Structure?

Grouping activities based on distinct products or services.

What is Matrix Structure?

Combining two structures where employees report to two managers.

What is International Structure?

Structure managing international operations and strategies.

Set of forces that cause people to behave in certain ways.

What is Maslow's Hierarchy of Needs?

Model suggesting basic needs must be met before higher needs motivate.

What is the Two-Factor Theory?

Job satisfaction depends on hygiene and motivation factors.

What does Theory X assume about people?

Assumes people are lazy and need close supervision.

What does Theory Y assume about people?

Assumes people are self-motivated and seek responsibility.

What is Expectancy Theory?

Motivation depends on expected rewards that seem attainable.

What is Equity Theory?

People compare their inputs and outcomes with others.

What is Human Resource Management (HRM)?

Organizational activities to attract, develop, and maintain an effective workforce.

What is Forecasting HR Supply?

Predicting the future availability of employees internally and externally.

Planning for future staffing needs based on organizational goals.

Attracting qualified persons to apply for job openings.

Hiring the right mix of people for the organization.

What is Selecting Employees?

Choosing whom to hire after recruitment.

What is Training in HR?

Teaching employees how to perform their current jobs.

What is Development in HR?

Preparing managers/professionals for current and future jobs.

What is Performance Appraisal?

Evaluating employee performance to guide decisions and feedback.

What is 360-Degree Feedback?

Evaluation from boss, peers, and subordinates.

Creating, communicating, delivering, and exchanging offerings of value.

What does Delivering Value mean?

Offering products that provide better benefits relative to their costs.

What is the Marketing Mix (4 Ps)?

Product, Price, Place, and Promotion working together.

What is a Target Market?

Specific group a firm focuses its marketing efforts on.

What is Market Segmentation?

Dividing a market into categories of similar customer types.

What is Product Positioning?

Fixing and communicating the nature of a product to a target segment.

Collecting, analyzing, and sharing financial information.

Recording accounting transactions.

What is Financial Accounting?

Serving external users with general financial reports.

What is Managerial Accounting?

Serving internal users with detailed decision-making reports.

Resources expected to bring future benefits.

What is Owners' Equity?

Owners' claims on assets after debts are paid.

What are Financial Statements?

Reports that summarize financial status and aid decision-making.

What is a Balance Sheet?

Snapshot of assets, liabilities, and equity at a point in time.

What is an Income Statement?

Shows revenues and expenses over a period to reveal profit or loss.

What is a Statement of Cash Flows?

Tracks cash inflows and outflows through operating, investing, and financing activities.

Organizational Concepts and Theories Flashcards

Student preview

49 questions

Show all answers

1.

FLASHCARD QUESTION

Front

What does an Organization Chart show?

Back

It shows a company's structure and where employees fit.

2.

FLASHCARD QUESTION

Front

What is the Chain of Command?

Back

It shows the reporting relationships within the company.

3.

FLASHCARD QUESTION

Front

What is Departmentalization?

Back

Grouping similar or related jobs into logical units within an organization.

4.

FLASHCARD QUESTION

Front

What is Specialization in an organization?

Back

Breaking down a complex job into smaller tasks assigned to different individuals or groups.

5.

FLASHCARD QUESTION

Front

What is Organizational Structure?

Back

Specification of jobs and how they relate within an organization.

6.

FLASHCARD QUESTION

Front

What is Centralization?

Back

Decision-making authority concentrated at the top levels.

7.

FLASHCARD QUESTION

Front

What is Decentralization?

Back

Distributing decision-making authority to lower levels.

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Continue with Google

Continue with Email

Continue with Classlink

Continue with Clever

or continue with

Microsoft

Apple

Others

Already have an account?

Similar Resources on Wayground

41 questions

Writing Final

Flashcard

•

9th - 12th Grade

34 questions

3ESO UNIT 2 Flashcards

Flashcard

•

10th Grade

55 questions

Psych Unit 4: Learning and Language

Flashcard

•

11th Grade - University

50 questions

Faire & Jouer

Flashcard

•

KG - University

48 questions

Eng 102

Flashcard

•

11th Grade

40 questions

Close-up B1+ Unit 5 Quiz

Flashcard

•

12th Grade

Popular Resources on Wayground

15 questions

Fractions on a Number Line

Quiz

•

3rd Grade

20 questions

Equivalent Fractions

Quiz

•

3rd Grade

25 questions

Multiplication Facts

Quiz

•

5th Grade

54 questions

Analyzing Line Graphs & Tables

Quiz

•

4th Grade

$fractions$

22 questions

fractions

Quiz

•

3rd Grade

20 questions

Main Idea and Details

Quiz

•

5th Grade

20 questions

Context Clues

Quiz

•

6th Grade

15 questions

Equivalent Fractions

Quiz

•

4th Grade

Discover more resources for Business

13 questions

BizInnovator Startup - Experience and Overview

Quiz

•

9th - 12th Grade

15 questions

SMART Goals Setting

Quiz

•

9th - 12th Grade