Glossary: Organizational structure

IB Business Management: Glossary: Organizational structure

BureaucracyThe administrative systems within an organization, such as the formal policies and procedures of the business. It includes the formal rules, regulations and procedures of the organization.CentralizationThe situation where decision-making is predominantly made by a very small group of senior managers at the top of the organizational hierarchy.Chain of commandThe formal lines of authority in an organization....

To access the entire contents of this site, you need to log in or subscribe to it.

You can also request a Free trial or check the blog (which is also free)

All materials on this website are for the exclusive use of teachers and students at subscribing schools for the period of their subscription. Any unauthorised copying or posting of materials on other websites is an infringement of our copyright and could result in your account being blocked and legal action being taken against you.