ECON 1 Lecture Notes - Lecture 28: British Association For Immediate Care, Mass Production, Meritocracy
Document Summary
5 september 2016 robbins chapters 4, 6, 7, 10 and 12 (14) Organizations: organizations vary in terms of their strategy, their structure, their processes, their culture, organizational structure is more predetermined. It is there on your first day on the job: what works at one company may not work in another, therefore it would be helpful to classify organizations into certain types. It will help your career if you understand how organizations work. Organizations need to formally coordinate the interaction patterns between their members and manage their activities. Organization structure defines : how tasks are allocated, areas of responsibility and authority, reporting relationships, formal coordinating mechanisms and interaction patterns between organizational members. Three components of organization structure: complexity, formalization, centralization, complexity. Refers to the extent of differentiation within an organization. Vertical differentiation (the number of levels in management hierarchy: span of control = avg. Spatial dispersion (extent to which units are dispersed geographically)
