Intro to Business – 11/04/09

I. Bellwork
A. Provide and example of a business that you believe is well run.
B. Explain why you believe it is well run.

II. Objectives:

Understand important principles in designing an effective organization
Compare alternative organizational structures for businesses

III. Notebook Work – Outline and Discuss
5-3 Organizational Structure for Business pgs. 115-118
A. Designing an Effective Business Organization
1. Setting Direction
a. Mission statement – Definition & Importance
b. Goals – Definition & Importance
c. Policies -Definition
d. Procedures -Definition
2. Principles of Effective Organizations
a. Responsibility, Authority, and Accountability
Explain
b. Unity of Command
Explain
c. Span of Control
Explain
B. Types of Organizational Structures
organizational chart – define
1. Function Organization Structure
Explain
Advantage & Disadvantage
2. Matrix Organization
Explain
Advantage & Disadvantage