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Chapters 5,6 and 7

Horizontales
number of people supervised by one manager
the amount of money lost and expenses as a result of not having enough inventory to fulfill customer demand
labor, equipment, materials, and other resources are brought to the geographic location where all production work is done
Type of organizational structure. characteristic of centralized companies with multiple layers of management
planning, organizing, leading, and controlling an organization’s financial, physical, human, and information resources to achieve its goals.
Type of departmentalization characterized by dividing an organization according to groups’ functions or activities
providing products where customers will want them
reporting relationships within a company
a form of inventory management that requires working closely with suppliers so that raw materials arrive as production is scheduled to begin, but no sooner
Verticales
abilities to think in the abstract, diagnose and analyze different situations, and see beyond the present situation
identifying aspects of a business or its environment that might entail changes in strategy
costs that are associated with storing inventory that remains unsold
the process of gathering and measuring information on variables of interest
one of the simplest types of organizational structures. Its authority flows from top to bottom
Type of organizational structure. Characteristic of decentralized companies with relatively few layers of management