11. Organizations exist because of their ability to create value and acceptable outcomes for stakeholders. Describe and explain how organizations create value and influence stakeholders? What is the role of entrepreneurship in this process? According to Jones, there are three stages that must take place in order for value to be created. Depending on how an organization pulls from its environment, heavily reflects its chances to produce goods and services, which affects the actual value the organization
Words: 466 - Pages: 2
Chapter I Introduction Recently, we have been given the opportunity to know more about Davao Medical Hospital, which has been greatly of interest to us. The Hospital has become part of our lives for more than four years now. We spend 24 hours every week in Davao Medical Hospital for our duties. That is why today, and for a few days more, We as a group are indeed very grateful that upon the day we shall bid goodbye to Ateneo de Davao University, the institution who have inculcated
Words: 8816 - Pages: 36
Organizational structure 1.1.1 Background of Organizational structure The environment is dynamic and is changing day by day. Organization set up in such dynamic environment needs to adapt and survive in such hostile conditions to achieve the organizational goals and objective. Organizational structures developed from the ancient times of hunters and collectors in tribal organizations through highly royal and clerical power structures to industrial structures and today's post-industrial structures. As pointed
Words: 2272 - Pages: 10
Organizational Structure – Virgin America Virgin America is the newest airline created by the well-known businessman Sir Richard Branson. He started announcing his plans to create a brand new airline in United States back in 2004. He wanted to have a major airline center in San Francisco international airport. Numerous financiers were not sure if virgin America was right place for their investments. Because of these thoughts virgin America had a tough time getting financed. After some time
Words: 1086 - Pages: 5
the three types of goals that are very important to the strategy of any organization. Also will explain why the many different types of planning and organizing are very important to any business and or organization. Also we will thoroughly examine all of the elements and or factors that are involved in creating an effective strategy for an organization. Hopefully all questions will be answered. Explain why the three types of goals are important to the strategy of an organization. Strategic
Words: 978 - Pages: 4
Compare the functional structure to that of the divisional structure, including the nature of their design, their respective advantages and disadvantages, and the types of environments in which each might best be used. What role may these factors have had at Citibank in 2009? FUNCTIONAL Nature of Design Functional departmentalization High level of centralization Jobs are narrow and highly specialized Best used for creating specific, uniform products Advantages High efficiency Little
Words: 418 - Pages: 2
Discussion on organizational structure Chapter 11 discusses a great deal on the various organization structures along with their advantages and disadvantages. It was interesting to read the subtle differences between the various organizational structures (specially the matrix Vs functional organizational structures) and relate to it my work life. Chapter 11 talks about the following traditional structures Simple organization structure: “Structure in which there is an owner and a few employees
Words: 654 - Pages: 3
today it is important to understand the general characteristics of market structures and the impact of market liquidity, competitiveness, and efficiency on financial managers. Clarifying market structures will show the basic constructs that financial managers work under. With the basic understanding of market structures and how they influence financial managers or how financial managers influence their given market structures we will identify two problems that are faced in current markets chosen from
Words: 1113 - Pages: 5
Business Structures Marlana Sisson August 10, 2014 University of Phoenix James Ciaramella FIN/571 When beginning a business, it is extremely important that the owners of the business decide the organizational form that will be beneficial to maximize the value of the firm. The owners must consider the size of the business, the taxation of the business, the liability of the owners and the ability to raise capital to finance the business (Parrino, Kidwell & Bates, 2012). The owners will
Words: 653 - Pages: 3
instructor, are in the "Details" section below. Date Taken: 10/20/2013 Time Spent: 1 h , 58 min , 37 secs Points Received: 9 / 10 (90%) Question Type: # Of Questions: # Correct: Multiple Choice 10 9 Grade Details - All Questions Question 1. Question : German sociologist Max Weber defined basic characteristics that enabled organizations to run effectively. These characteristics are coordinated through all but one of the following measures: Student Answer: Effective communication
Words: 579 - Pages: 3
