What does the elements of management structure mean
Answers
Answer:
Management experts use the six basic elements of organizational structure to devise the right plan for a specific company. These elements are: departmentalization, chain of command, span of control, centralization or decentralization, work specialization and the degree of formalization.
Answer:
A strategic, carefully planned organizational structure helps a business run effectively and efficiently. An ineffective structure can cause significant problems for a company, including lost profits, rapid employee turnover and loss in productivity.
Management experts use the six basic elements of organizational structure to devise the right plan for a specific company. These elements are: departmentalization, chain of command, span of control, centralization or decentralization, work specialization and the degree of formalization. Each of these elements affects how workers engage with each other, management and their jobs in order to achieve the employer’s goals.