Chapter 6 Organizing the Business

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Learning Objectives

After reading this chapter, you should be able to:

  1. 6-1 Discuss the factors that influence a firm’s organizational structure.

  2. 6-2 Explain specialization and departmentalization as two of the building blocks of organizational structure.

  3. 6-3 Describe centralization and decentralization, delegation, and authority as the key ingredients in establishing the decision-making hierarchy.

  4. 6-4 Explain the differences ...

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