Discuss, How can organizations design their structures to foster innovation and entrepreneurial spirit?
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Discuss, How can organizations design their structures to foster innovation and entrepreneurial spirit?
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- What are the key principles of organization that organizations can apply to optimize their structure, processes, and systems for increased efficiency, productivity, and effectiveness? How can these principles be tailored to fit the unique needs and goals of different types of organizations, such as for-profit businesses, non-profit organizations, and government agencies?Explain the process of Organization design.State the various types of business organizations that exist and explain the distinguishing characteristics of each.
- What is a functional organization? What are its advantages and disadvantages?Chapter 11 discusses the various forms of business structures. Which form do you feel would be the most advantageous? Why? Which form do you feel would come with the most liabilities? Why? Would your answers change depending on the number of people and the type of business involved?How can an inappropriate organisational structure hinder a business's performance?