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Territorial departmentation usually occurs within organizations and is used by insurance companies. It groups people with activities due to their physical location.
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Advantages of departmentation?
With departmentalization, managers can isolate problems within the organization quicker. One disadvantage is the fact that departmentalization discourages cooperation among departments.
What is the market cap for Territorial Bancorp Inc TBNK?
As of July 2014, the market cap for Territorial Bancorp Inc. (TBNK) is $199,682,540.43.
Who is the president of st Martins?
Frantz Gumbs he is the president of the french territorial counsel.
What business was Moses Austin engaged in before coming to Texas?
Austin was engaged in the mining, smelting, and manufacturing of lead and, in addition, conducted a general store. After his return from Transylvania in the spring of 1810, Stephen Austin was employed in the store and subsequently took over the management of most of the lead business. He served the public as adjutant of a militia battalion and for several years was a member of the Missouri territorial legislature, in which he was influential in obtaining the charter for the Bank of St. Louis. After failure of the Austin business in Missouri, he investigated opportunities for a new start in Arkansas and engaged in land speculation and mercantile activities. While he was there the territorial governor appointed him circuit judge of the first judicial district of Arkansas. He took the oath of office and qualified in July 1820, but he only briefly held court, for at the end of August he was in Natchitoches, Louisiana, and in December in New Orleans, where he had made arrangements to live in the home of Joseph H. Hawkin and study law. At this time Moses Austin was on his way to San Antonio to apply for a grant of land and permission to settle 300 families in Texas.
What are Global integration advantages and disadvantages?
Globalization is such a commonly used term in the twentieth century. It simply means that the world has become integrated economically, socially, politically and culturally through the advances of technology, transportation and communication. It is undeniable to say that globalization has resulted in both positive and negative effects which must be addressed accordingly. To begin with, globalization has contributed to the worlds economies in many beneficial ways. The advances in science and technology have allowed businesses to easily cross over territorial boundary lines. Consequently, companies tend to become more productive, competitive thereby raising quality of goods, services and the worlds living standard. Secondly, several companies from the more developed countries have already ventured to establish foreign operations or branches to take advantage of the low cost of labor in the poorer countries.
What is the methods of departmentation?
1. Functional 2. Productwise 3. Territorial 4. Customerwise 5. Process 6. Composite
What is an explanation of types of departmentation?
Types of Departmentation I) Departmentation by functions/Functional department II) Departmenation by product or product wise department III) Departmentation by territory/Geography IV) Departmentation by customers V) Departmentation by time VI) Departmentation by process VII) Departmentation by numbers
What is departmentation by function?
The process of grouping various activities into separate units is called departmentation. Departmentation can be made on the basis of functions or product handled. When the departmentation is done on the basis of functions, it is called functional departmentation. Under this all work of same kind are performed in a particular department. The examples of functional basis departmentation is purchase office, sales office, production department, mailing department and accounts department. When an organisation opens departments on the basis of products, it is called product departmentation. The examples of product departmentation are leather division office and plastic division.
What type of departmentation is useful only at lowest level of organization?
Departmentation by simple numbers
What are the benefits of departmentation?
no
Types of departmentation?
There are a number of types of departmentation. These include by time, by location or place, by the functions, or by the process.
What do you mean by departmentation?
The word departmentation generally refers to the process of grouping jobs into different logical units. It is the process of categoring an organisation based on departments to facilitate planning and control. the most common method of departmentation is separating different units as per their function. Most organisations mostly consist of the following departments: * sales and marketing * production * finance * human resources * materials and logistics To accomplish organisational goals, job tasks can be sub divided in a variety of ways. There is no one best way of departmentation that is applicable to all organisation. It differs from situation to situation. It is the method of grouping jobs and resources into department., Most organisation use a combination of the following types of departmentation: * departmentation by simple numbers * departmentation by function * departmentation by geography * departmentation by product..
What is departmentation of territory?
Departmentation by theory encourages focus on customer needs but requires managers and staffs expert in customers' problems.
What are the disadvantages of departmentalization?
advantages and disadvantages of associated with each departmentation
What is a geographical departmentation?
this is where an organization is structured according to geographical area.
What is the need for departmentation?
Departmentation is a very impoartant process. Koontz and O'Donnel defines departmentation as, " a process of dividing the large monolithic functional organization into smaller and flexible administrative units." The success of the enterprise can be understood on the basisi of these aspects including: 1. Developement of Managerial skills 2. Fixation of Responsibilities. 3. Manageable units establishments. 4. Budgeting faciliated.
What is the definition of departmentation?
the process of classifying an organisation on the basis of departments or similar activities, to facilitate planning and control
