A. What is the importance of organizing in business companies? _____________________________________________________________________________________________________________________________________________________________________ B. Is the term “specialization” synonymous with the term “differentiation?” Explain. _____________________________________________________________________________________________________________________________________________________________________ C. What are the types of organization structures? _____________________________________________________________________________________________________________________________________________________________________
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A. What is the importance of organizing in business companies? _____________________________________________________________________________________________________________________________________________________________________ B. Is the term “specialization” synonymous with the term “differentiation?” Explain. _____________________________________________________________________________________________________________________________________________________________________ C.
Answer:
A. Organizing business companies is important because it improves monitoring and accountability. It also helps businesses identify the resources it needs to grow. Finally it is also necessary for product diversification, such as building a new product line, contributes to business efficiency and helps reduce waste.
B. Yes because specialization and differentiation are the structural adaptation of certain body parts for a particular function.
C. The types of organizational structure are as follows:
Explanation:
Organizational structure is a set of policies, roles, relationships and responsibilities that determine how a company’s activities should be directed to achieve goals. It also oversees the flow of information through company levels and outlines reporting relevance among midlevel staff, senior management, executives and owners. This is an effective hierarchy for a company, although some organizational structures emphasize an almost total lack of hierarchy.
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