MGMT 100 Study Guide - Final Guide: Organizational Culture, Flat Organization
Document Summary
Comparing an organization"s practices, processes, and products against the world"s best. bureaucracy. An organization with many layers of managers who set rules and regulations and oversee all decisions. centralized authority. An organization structure in which decision-making authority is maintained at the top level of management at the company"s headquarters. chain of command. The line of authority that moves from the top of a hierarchy to the lowest level. continuous improvement. Constantly improving the way the organization does things so that customer needs can be better satisfied. core competencies. Those functions that an organization can do as well as or better than any other organization in the world. decentralized authority. An organization structure in which decision-making authority is delegated to lower level managers more familiar with local conditions than headquarters management could be. departmentalization. Dividing an organization into separate units. economies of scale.
