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Chapter-Eight

ORGANIZING THE BUSINESS
Learning objectives

   To define the term organizing.
   To describe formal and informal organizations.
   To distinguish between line and staff authority.
   To discuss centralized versus decentralized decision
    making authority.
   To identify what a manager can learn about an
    organization by reviewing an organization chart.
   To identify the principles of organizing.
   To compare the advantages and disadvantages of
    functional, product and territorial structures.
   To explain what types of structures cimbine to form a
    matrix organization.

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Chapter eight

  • 2. Learning objectives To define the term organizing. To describe formal and informal organizations. To distinguish between line and staff authority. To discuss centralized versus decentralized decision making authority. To identify what a manager can learn about an organization by reviewing an organization chart. To identify the principles of organizing. To compare the advantages and disadvantages of functional, product and territorial structures. To explain what types of structures cimbine to form a matrix organization.