Structure & Strategies for success

High school
Coursework
Finance & Accounting
Pages 4 (1004 words)
Download 0
Structure An organizational structure consists of activities such as task allocation, coordination and supervision, which are directed towards the achievement of organizational aims. It can also be considered as the viewing glass or perspective through which individuals see their organization and its environment (Anderson 23)…

Introduction

The matrix organization will use the teams of employees to accomplish the set work and take advantage of the strengths and make up for the weaknesses of functional and decentralized forms as we are providing more than one product and service. A strong or project matrix will be adopted where a project manager will be responsible for a particular product. Functional managers will provide technical expertise and assign resources as needed. The format used in the organization will ensure successful implementation of the organization’s purpose and function. The organization will be led by a Chief Executive Officer and will have seventy five employees. Under the executive officer will be the various departmental heads. The organization will have six major departments which include; Product Management, Information and Communications Technology, Research and Development, Sales and Marketing, Finance and Human Resources. Under product management each product and service will have a line manager and staff under him or her who will be in charge of all operations of the product from its development to the distribution to the customer. Each product or service will be handled as an independent item but may be combined for promotional purposes. ...
Download paper
Not exactly what you need?

Related papers

Determinants of Capital Structure of Listed Saudi Arabian Companies
The main purpose of this study is to identify and describe the principal determinants of capital structure for Saudi Arabian firms, when the firms are classified as to their industry. Likewise, there are distinguishing features of Islamic finance that may well set it apart from conventional finance, and may possibly influence the decision of finance managers to adopt a particular level of debt…
Marketing strategies for growth overseas at Tesco
The marketing strategy determines the strategic objectives of the business and also centres it as a market-oriented system designed to fulfil consumer needs. An international marketing strategy must consider the external forces that impede or enhance profit and branding success. These include the five forces offered by Michael Porter associated with new entrants, supplier and buyer bargaining…
Hedging Strategies Adopted by Airlines Organizations for Hedging their Foreign
It was found that these organizations continue to use hedging strategies like foreign currency contracts, foreign currency swaps, foreign currency forwards and interest rate swaps. They also use a policy of matching receivables and payables and a mix of floating and fixed interest rates to provide stability across their diverse operations. There is also a visible change towards greater acceptance…
Pairs Trading And Strategies And The CAPM
Besides testing a model, this study will also be testing market efficiency and using use Cointegration as a decision rule for pair selection, try to ascertain whether different and more efficient rules may be implemented. In order to calculate asset returns we need the Capital Asset Pricing Model (CAPM) which gives predictions on how to measure risk and the relationship between risk and return.…
Strategies for financial success: vestas wind systems
In the year 2007, the company’s market share was 28% which then came down to 12.6% in 2009. The company operates globally including countries like Italy, Britain, Sweden, Germany, United States, Australia, China, India, Norway, and of course Denmark. Business Strategy & R&D The company has over 30 years experience in the field of wind power. The company has successfully installed wind turbines…
Marketing strategies
In order to find the strategies and evaluate the factors which will help Murgitroyd to grab the market share at China and expand their business in the next 24 months the company’s strength, weakness, opportunities and threats are evaluated which will help the company to implement their strategies successfully. The global market opportunities are assessed by finding the sales potential in the…
Organisational Structure and Design
Nokia is seeking to understand on how to sustain business sustainability in the long term. Introduction Nokia Corporation is an international leader in cellular communications whose products have turned out to be part of a fundamental part of community’s lives around the globe. The corporation’s hi-tech and design novelties have made its trade name among the most acknowledged in the globe.…