l ecture 1: l aunching a b usiness organizational forms organizational structures problems of a...
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LECTURE 1: LAUNCHING A BUSINESS
Organizational FormsOrganizational StructuresProblems of a Start-Up
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LECTURE 1: LAUNCHING A BUSINESS
1. Problems of a Start-Up2. Organizational Forms3. Organizational Structures
![Page 3: L ECTURE 1: L AUNCHING A B USINESS Organizational Forms Organizational Structures Problems of a Start-Up](https://reader035.vdocuments.site/reader035/viewer/2022070418/5697bfc51a28abf838ca67a7/html5/thumbnails/3.jpg)
PROBLEMS OF A START-UP
…you name them!
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LECTURE 1: LAUNCHING A BUSINESS
1. Problems of a Start-Up2. Organizational Forms3. Organizational Structures
![Page 5: L ECTURE 1: L AUNCHING A B USINESS Organizational Forms Organizational Structures Problems of a Start-Up](https://reader035.vdocuments.site/reader035/viewer/2022070418/5697bfc51a28abf838ca67a7/html5/thumbnails/5.jpg)
FORMS OF BUSINESS OWNERSHIP
sole proprietorship partnership corporation
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SOLE PROPRIETORSHIPS
+ ease of starting and ending a business
+ being your own boss
+ pride of ownership+ keeping the profit
- unlimited liability- limited financial
resources- difficulty in
management- time commitment- few fringe benefits- limited growth- limited life span
+ -
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PARTNERSHIPS
+ more financial resources
+ shared management
+ longer survival
- unlimited liability (general/limited partner)
- division of profits- disagreement
among partners- difficult to terminate
+ -
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CORPORATIONS
+ more money for investment
+ limited liability+ size+ perpetual life+ ease of ownership
change+ separation of
ownership from management
- initial cost- paperwork- size- difficult to terminate
+ -
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…AND MORE!
… joint ventures, cooperatives, government corporations, not-for-profit corporations, franchises, etc.
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LECTURE 1: LAUNCHING A BUSINESS
1. Problems of a Start-Up2. Organizational Forms3. Organizational Structures
![Page 11: L ECTURE 1: L AUNCHING A B USINESS Organizational Forms Organizational Structures Problems of a Start-Up](https://reader035.vdocuments.site/reader035/viewer/2022070418/5697bfc51a28abf838ca67a7/html5/thumbnails/11.jpg)
ORGANIZATIONAL DESIGN
3 main principles of organizational design:
1)Authority2)Responsibility3)Accountability
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ORGANIZATIONAL STRUCTURES
Main issues: tall vs. flat span of control division centralization
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ORGANIZATIONAL TYPES
Line organizations Line and staff organizations Matrix organizations
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LINE STRUCTURE
President
Vice president (finance)
Vice president
(marketing)
Vice president
(production)
SupervisorSuperviso
rSupervisor Supervisor
Supervisor
Supervisor
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LINE AND STAFF STRUCTURE
President
Vice president (finance)
Vice president
(marketing)
Vice president
(production)
Supervisor
Supervisor
Supervisor
SupervisorSuperviso
rSupervisor
Legal staff Public relations director
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MATRIX STRUCTURE
President
Vice president
(production)
Vice manager
(marketing)
Vice manager (finance)
Project manager
1
Project manager
2
Employee A
Employee B
Employee C
… … …
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THE END
THANK YOU!