Organizational Structures
This type of structure is characterized by flexibility and a decentralized decision-making process.
What is an organic structure?
This leadership style emphasizes clear rewards and consequences for achieving or failing to meet objectives.
What is transactional leadership?
This ethical principle emphasizes achieving the greatest good for the greatest number.
What is utilitarianism?
In low-context cultures, communication relies heavily on this.
What is explicit verbal communication?
This type of entrepreneur starts multiple businesses over their career. This type of entrepreneur starts multiple businesses over their career.
What is a multipreneur?
Employees in this structure report to both functional and project managers.
What is a matrix structure?
This leadership style focuses on inspiring and motivating employees to exceed expectations.
What is transformational leadership?
A company's commitment to considering the social and environmental impact of its actions is called this.
What is corporate social responsibility (CSR)?
This cultural dimension, identified by Hofstede, refers to how comfortable a society is with uncertainty and ambiguity.
What is uncertainty avoidance?
A person who innovates from within a company, rather than starting their own business, is called this.
What is an intrapreneur?
Roles and responsibilities in this structure are highly formalized and hierarchical.
What is a mechanistic structure?
Leaders who prioritize the growth and well-being of their team members demonstrate this style.
What is servant leadership?
The ethical dilemma where one must choose between two undesirable outcomes, neither of which solves the issue completely, is called this.
What is an ethical dilemma?
In high power distance cultures, decisions are typically made in this manner.
What is centralized decision-making?
This section of a business plan outlines the company's goals, strategies, and target market in a clear, concise manner.
What is the executive summary?
This structure is common in large organizations with different product lines or geographical locations, and it allows divisions to function autonomously.
What is a divisional structure?
This leadership style allows employees the most autonomy and minimizes direct supervision.
What is laissez-faire leadership?
This ethical theory emphasizes treating everyone equally and ensuring justice in decision-making.
What is fairness or justice theory?
This leadership style, often found in high power distance cultures, involves leaders providing clear direction and controlling most decision-making.
What is autocratic leadership?
This is a major challenge faced by entrepreneurs in the early stages of their businesses.
What is limited resources and budget?
This structure focuses on teams, temporary task forces, and flexible project management, often found in dynamic industries.
What is a network structure?
This leadership style involves adapting the approach based on the needs of the situation and the readiness of the team.
What is situational leadership?
A company deciding to reduce its environmental impact by lowering carbon emissions is an example of this type of ethical approach.
What is sustainability-focused corporate social responsibility?
This communication style, common in collectivist cultures, relies on implicit cues and the social context rather than direct verbal messages.
What is high-context communication?
This term describes a business's ability to identify and respond to new opportunities or threats in the marketplace, ensuring its long-term sustainability.
What is business agility?