Holacracy - Answer-Decision making is distributed through loose collections or circles of self-organizing teams
Organizational design - Answer-Creating, implementing, monitoring and modifying the structure, processes and procedures of an organization (effectively translate chosen strategy into r...
WPC 480 Ch 11 Exam Questions and
Answers
Holacracy - Answer-Decision making is distributed through loose collections or circles of
self-organizing teams
Organizational design - Answer-Creating, implementing, monitoring and modifying the
structure, processes and procedures of an organization (effectively translate chosen
strategy into realized one)
Number one reason boards fire CEO - Answer-Inability to implement strategy
Inertia - Answer-firm's resistance to change in status quo which can lead to failure
Pattern for successful firms - Answer-1. mastery of current environment
2. success financially
3. structures/measures to accommodate/manage size
4. organizational inertia that minimizes opportunity and challenges
Organizational structure - Answer-Key to determining how the work efforts of individuals
and teams are orchestrated and resources are distributed (key blocks: specialization,
formalization, centralization, hierarchy)
Specialization - Answer-Degree to which a task is divided into separate jobs
Formalization - Answer-Captures extent to which employee behavior is steered by rules
and procedures
Centralization - Answer-Degree to which decision making is concentrated at the top of
the organization
Hierarchy - Answer-Determines formal position-based reporting lines and thus stipulates
who reports to whom
Span of control - Answer-Number of employees that directly report to a manager
Mechanistic Organization - Answer-High degree of specialization and formalization and
by tall hierarchy that relies on centralized decision making
Organic organization - Answer-Low degree of specialization/formalization, flat
organization structure and decentralized decision making
Simple structure - Answer-Founders tend to make all important strategic decision as
well as run day to day operations
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller lectknancy. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $10.49. You're not tied to anything after your purchase.
