Organizational Structure and Decentralization: A Comprehensive Guide
Organizational Structure and Hierarchy
Chain of Command/Hierarchy of Authority
The chain of command refers to the levels of hierarchical authority within an organization. Its length depends on the span of control.
Span of Control
The span of control refers to the maximum number of subordinates that can be effectively managed by a single supervisor.
Narrow Span of Control
A narrow span of control leads to a greater number of hierarchical levels and a longer chain of command. This results in a more clustered
Read MoreOrganizational Structure and Decentralization: A Comprehensive Guide
Organizational Structure and Hierarchy
Chain of Command/Hierarchy of Authority
The chain of command refers to the levels of hierarchical authority within an organization. Its length depends on the span of control.
Span of Control
The span of control refers to the maximum number of subordinates that can be effectively managed by a single manager.
Narrow Span of Control
- Greater hierarchical levels
- Lengthened chain of command
- Clustered structures
Advantages
- Release of management duties and greater access to
Organizational Structure and Decentralization: A Comprehensive Guide
Organizational Structure and Hierarchy
Chain of Command/Hierarchy of Authority
The chain of command refers to the levels of hierarchical authority within an organization. Its length depends on the span of control.
Span of Control
The span of control refers to the maximum number of subordinates that can be effectively managed by a single manager.
Narrow Span of Control
A narrow span of control leads to a longer chain of command and a more clustered organizational structure.
Advantages of a Narrow Span of
Read MoreOrganizational Structure and Decentralization: A Comprehensive Guide
Organizational Structure and Hierarchy
Chain of Command/Hierarchy of Authority
The chain of command refers to the levels of hierarchical authority within an organization. Its length depends on the span of control.
Span of Control
The span of control refers to the maximum number of subordinates that can be effectively managed by a single manager.
Narrow Span of Control
A narrow span of control leads to a greater number of hierarchical levels and a longer chain of command. This results in a more clustered
Read MoreOrganizational Structure and Design
Chain of Command/Hierarchy of Authority
The scale of levels of hierarchical authority existing in an organization. Its length depends on the extent of the span of control.
Span of Control
The maximum number of subordinates that can be placed under the jurisdiction of a person holding a managerial post who acts as their immediate superior.
Narrow Span of Control
- Greater hierarchical level
- Lengthens the chain of commands
- Cluster structures
Advantages:
- Release of management duties and greater access to them
Fundamental & Technical Analysis: Valuation of Shares & Market Efficiency
ITEM 6: EVALUATION OF SHARES
FUNDAMENTAL ANALYSIS AND VALUATION OF ASSETS
Fundamental Analysis
Objective: Determine the intrinsic value of a financial asset.
Intrinsic Value: Present value of future cash flows generated by the asset, discounted at an appropriate risk-adjusted rate.
Aspects to Study in Fundamental Analysis
External Analysis:
Variables affecting the general environment, the economy, and the industry.
- General Environment:
- Economic scenario: Inflation, interest rates, GDP…
- Social environment: