Buad 304 final - Study guides, Class notes & Summaries

BUAD 304 Final Exam | Questions and Answers How jobs in a company are formally grouped, divided, and coordinated is called organizational structure Name the six aspects of organizational structure (hint SF DC WC) -span of control -formalization -departmentalization -chain of command -work specialization -centralization How wide or lean a company structure is referred to as its span of control How standardized a job is in an organization is called Formalization Just like how the army has a form...

Why are groups and teams helpful? correct answers Tasks are becoming more complex Tasks are becoming more interdependent There is a need for more flexible labor force There is a need for faster response to change What are the five main benefits of using a team correct answers build relationships combine resources increases creativity share ideas jointly solve problems simple group tasks correct answers independent people can work alone on jobs Complex group tasks correct ans...

With this summary document, you'll be able to quickly and confidently look up the information you need and revise your knowledge of all the required terms.

This document distills the key concepts and principles covered in BUAD 304 into a concise, easy-to-understand format. In my experience, this class relied on the textbook for exams, so reading it and "summarizing" it into this document was the most effective way of ensuring I knew everything that I needed.