B Com Exam  >  B Com Videos  >  Contemporary Management  >  Organizational Designs, Contemporary Management

Organizational Designs, Contemporary Management Video Lecture | Contemporary Management - B Com

52 videos|42 docs|12 tests

FAQs on Organizational Designs, Contemporary Management Video Lecture - Contemporary Management - B Com

1. What are the different types of organizational designs?
Ans. There are several types of organizational designs, including functional, divisional, matrix, team-based, and network designs. Functional design groups employees based on their skills and expertise, divisional design organizes employees according to products or services, matrix design combines functional and divisional structures, team-based design promotes collaboration and self-management, and network design focuses on outsourcing and partnering with external organizations.
2. What are the advantages of a functional organizational design?
Ans. A functional organizational design offers several advantages. It allows for specialization and expertise in specific areas, promotes efficiency and cost-effectiveness, facilitates coordination within departments, and provides clear career paths and development opportunities within functional units. Additionally, decision-making and communication processes are streamlined, as employees report to a single supervisor within their functional area.
3. How does a matrix organizational design work?
Ans. In a matrix organizational design, employees report to both a functional manager and a project or product manager. This structure allows for the utilization of specialized skills from different functional areas, promotes cross-functional collaboration, and enhances flexibility and adaptability. However, it can also result in complexity and confusion due to shared authority and potential conflicts between functional and project managers.
4. What is the role of organizational design in contemporary management?
Ans. Organizational design plays a crucial role in contemporary management by determining how tasks, responsibilities, and authority are distributed within a company. It influences employee motivation, communication, and collaboration, as well as the overall efficiency and effectiveness of the organization. A well-designed structure aligns with the company's strategy, enhances agility, and supports innovation and change management.
5. How does a network organizational design differ from other designs?
Ans. A network organizational design differs from other designs as it focuses on outsourcing and collaborating with external organizations to perform various functions. It emphasizes partnerships, alliances, and subcontracting rather than maintaining all activities within the company. This design allows organizations to leverage external expertise, resources, and capabilities, enabling them to be more flexible, adaptable, and responsive to market changes.
Explore Courses for B Com exam
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev
Related Searches

Objective type Questions

,

Extra Questions

,

pdf

,

Viva Questions

,

video lectures

,

ppt

,

Important questions

,

Organizational Designs

,

past year papers

,

Exam

,

mock tests for examination

,

Sample Paper

,

Organizational Designs

,

shortcuts and tricks

,

Previous Year Questions with Solutions

,

Contemporary Management Video Lecture | Contemporary Management - B Com

,

Summary

,

Semester Notes

,

Organizational Designs

,

MCQs

,

Free

,

practice quizzes

,

study material

,

Contemporary Management Video Lecture | Contemporary Management - B Com

,

Contemporary Management Video Lecture | Contemporary Management - B Com

;