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Business

16 cards·by Keyannah2017
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Matrix structure
Combines vertical and horizontal lines of authority forming a matrix shape in the organization chart
Line and staff structure
Not only utilized the chain of command from a line of structure but also provides line managers with specialists called staff managers
Span of Managerment
Which is the number of workers who report directly to one manager
Centralization
Systematically works to concretrate authority of the upper levels
Decentralized
Management consciously attempts to spread authority widely across various organizations levels
Administration manager
Not associated with any specific functional area but provides overall administrative guidance and leadership
Conceptual skills
Involved the ability to think in abstract terms. Allow managers to see the bigger picture
Analytic skills
Identity problems correctly generate reasonable alternatives and select the best alternative to solve problems
Interpersonal skills
Involved the ability to deal effectively with other people both inside and outside and organization
Total quality management
Coordination of effort direct at improving customer statisfaction increasing employee participation, strengthening supplies partnerships and
Leadership
Has been defined broadly as the ability to influence other
Communication skills
Both oral and written involved the ability to speak listen and write effectively
Technical skills
Specific skills needed to accomplish a specialized activity
SWOT
Identification of a firms strengths weaknesses, opportunities and threats to to see whatcompanies are good at
SMART
Specific, measurable, attainable, relevant, and timely
Financial management
Primarily responsible for an organization financial resources