Monday, October 7, 2019
Discussion Questions Essay Example | Topics and Well Written Essays - 250 words - 2
Discussion Questions - Essay Example (Craig Dobbins). This part has to do with the organizational structure of the said company. Organizational Structure is defined as ââ¬Å"Theà framework, typicallyà hierarchical, within which an organization arranges itsà linesà ofà authorityà andà communications, andà allocatesà rightsà andà duties.à Organizationalà structureà determines the manner and extent to whichà roles,à power, andà responsibilitiesà are delegated, controlled, and coordinated, and howà information flowsà betweenà levels of management.â⬠(BusinessDictionary.com, 2012). If an organization has a flexible, decentralized organizational structure then it is easier for information to flow vertically through the different hierarchies and thus itââ¬â¢ll be easier for information about strategic environmental factors to come to the notice of strategy makers of the organization has a flexible structure. To make sure that the strategy makers use this information appropriately, top management can implement an internal audit/control system to keep check on subordinate management levels and what they are doing. Internal controls protect the organization against internal fraud, resource wastage, increases reliability, increases security and helps evaluate performance. (Internal Audit, Kansas State University, 2003). This way there is less chance of inefficiency and mismanagement. 2. Craig Dobbins. ââ¬Å"Strategic Planning: External Environment Scanningâ⬠. Center for Food and Agricultural Business, Purdue University. Accessed on: June 20, 2012.
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