Awnser posting 1, 2, 3

1. Posting 1 /2055

Reflect on an organization that you are familiar with. What type of departmentalization do they employ? Explain.

How is the management structured in the organization you commented on above? Explain.

Post 2 B1100

What was your primary learning from the reading below? Explain.

What is one question that remains as a result of the reading? Explain.

The readings for post 2

GROUPS Two or more people who communicate and work together regularly in pursuit of one or more common objectives Help achieve synergy and gain the most from employees Synergy: Two or more people working together in a cooperative, coordinated. way can accomplish more than the sum of their independent efforts

FORMAL GROUPS Prescribed and/or established by the organization Types Network groups Virtuoso groups Virtual groups Self-managing work groups

FORMAL GROUPS Prescribed and/or established by the organization Types Network groups Virtuoso groups Virtual groups Self-managing work groups

INFORMAL GROUPS Evolve out of the formal organization, but are not formed by management or shown in the organizations structure Help members meet affiliation and social needs Types Interest group - Members come together to seek increased fringe benefits or discuss common interests Friendship group - Mostly social in nature

MEMBER COMPOSITION AND ROLES Homogeneous group - Effective for simple tasks Heterogeneous group - Effective for complex tasks Being a team player and a good follower Contributors Collaborators Communicators Challengers

Post 3 1510

Describe the typical metrics for a startup business? Explain.

What are the types of resources that entrepreneurs need to gather to start a new venture? Explain.

What are some ways to forecast sales effectively for a retail business? A manufacturer? For a service business? Explain.