An organization that has direct two way lines of

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an organization that has direct two way lines ofresponsibility, authority, and communication runningfrom the top to the bottom of the organization, with allpeople reporting to only one supervisorline personnelemployees who are part of the chain of command that isresponsible for achieving organizational goalsstaff personnelemployees who advise and assist line personnel inmeeting their goalsmatrix organizationsan organization in which specialists from different partsof the organization are brought together to work onspecific projects but still remain part of a line and staffstructurecross functional self manage teamsgroups of employees from different departments whowork together on a long term basis
networkingusing communications technology and other means tolink organizations and allow them to work together oncommon objectivesreal timethe present moment or the actual time in whichsomething takes placevirtual corporationa temporary networked organization made up ofreplaceable firms that join and leave as neededbenchmarkingcomparing an organizations practices, processes, andproducts against the worlds bestcore competenciesthose functions that the organization can do as well asor better than any other organization in the worlddigital nativesyoung people who have grown up using the internet andsocial networkingrestructuringredesigning an organization so that it can moreeffectively and efficiently serve it customersinverted organizationan organization that has contact people at the top andthe ceo at the bottom of the organization chartorganization (or corporate) culturewidely shared values within an organization thatprovide unity and cooperation to achieve common goalsformal organizationthe structure that details lines of responsibility, andposition; that is, the structure shown on org charts
informal organizationthe system that develops spontaneously as employeesmeet and form cliques, relationships, and lines ofauthority outside the formal orgOperations ManagementThe development and administration of the activitiesinvolved in transforming resources into goods andservicesA specialized area in management that converts ortransforms resources (including human resources) intogoods and services.ManufacturingThe activities and processes used in making tangibleproducts; also called productionProductionthe act of making, creating or manufacturingOperationsthe activities and processes used in making bothtangible and intangible products.

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Term
Fall
Professor
N/A
Tags
Business, Management, Capitalism, The Land, following statements

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