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BP-Lecture Notes on 9-21-07

BP-Lecture Notes on 9-21-07 - finance sales production 2...

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I. Traditional Form of business -Departmentalization Managers have 4 responsibilities 1. Planning 2. Organizing 3. Leading 4. Controlling Organizing i. Division of Labor: Determine work or dividing taks ii. iii. Delegation: Assigning authorities/responsibilities Formal Organization – Authority, objectives, rigid means of control, connected departments with heads of departments(human resources, financial, material, info resources) Informal Organization – Diffused authority, free flowing means of control, flat organization 1. Functional – Organization by functions of a business (management, marketing,
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Unformatted text preview: finance, sales, production) 2. Product – Organized by product sold a. Legal services departmentalized by real estate law, divorce law, defense attorneys 3. Process – Organized by the manufacturing process (assembly lines, car assembly) 4. Customer – Organized by customers each department targets 5. Geographic – Organized by location a. International – Trade agreements, imports/exports b. Transnational – Workers and managers in foreign nation are from foreign nation because they know their own country better c. Multinational – All decisions handled by headquarters...
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BP-Lecture Notes on 9-21-07 - finance sales production 2...

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