Grade 10 Business Studies Notes
What is organisational structure? Organisational structure refers to the levels of management and division of responsibilities within a business, which could be presented in an organisational chart. For simpler businesses in which the owner employs only himself, there is no need for an organisational structure. However, if the business expands and employs other people, an organisational structure is needed. When employing people, everybody needs a job description. These are its main advantages:. People who apply can see what they are expected to do.
People who are already employed will know exactly what to do. Here are two organisations, one having a long chain of command and the other a wide span of control. Therefore, the longer the chain of command, the taller the business hierarchy and the narrower the span of control. When it is short, the business will have a wider span of control. In recent years, people have began to prefer to have their business have a wider span of control and shorter chain of command. In some cases, whole levels of management were removed. This is called de-layering.
This is because short chains of commands have these advantages:. Communication is faster and more accurate. The message has to pass through less people. Managers are closer to all employees so that they can understand the business better. Spans of control will be wider, meaning that the manager would have to take care of more subordinates, this makes:.
The manager delegate more, and we already know the advantages of delegation. Workers gain more job satisfaction and feel trusted because of delegation. The business is divided into functional departments. They use specialists for each job and this creates more efficiency. However, workers are more loyal to their department than to the organisation as a whole. Therefore, conflict can occur between different departments.
Grade 10 Business Studies
Managers working in these departments are called line managers, who have direct authority and the power to put their decisions into effect over their department. Not only are there departments, there are also other regional divisions that take care of outlets that are situated in other countries.
They use the local knowledge to their advantage. There are some departments which do not have a distinctive function but still employs specialists and report directly to the CEO/Board of Directors.
These departments are the IT department, and the Economic Forecasting department. Some say the HR department fits in this category. These departments give specialist advice and support to the board of Directors and line managers, and the managers of these departments are called staff managers. They are often very highly qualified personnel who specialises in only their area. Functional decentralisation: S pecialist departments are given the authority to make decisions.
The most common of these are:. Human Resources. Production. Federal decentralisation: Authority is divided between different product lines.
E.g separate truck/car/bus divisions. Regional decentralisation: In multinationals, each base in each country has authority to make its own decisions. Decentralisation by project means: For a certain project, decision-making authority is given to a team chosen from all functional departments.
Igcse Grade 10 Business Studies Notes
EXCELLENT REVISION TOOL All of the content and skills you need to know for your exams is covered in detail in your Ace It! You can progress through the year’s curriculum at your own pace and in your own time. There are Quick Quizzes after every section of work to test your understanding, giving you control over the sections that you need to focus on. Also hones in on common problem areas, which your teacher might not have the time to do. Rather than skipping over what you don’t fully understand, you can take control of your learning and use Ace It! In your own time to make sure that you’ve got it right.
You can use Ace It! Throughout the year to supplement your school textbook and teacher’s notes. Or you can just use it for revision before the exams. However you choose to use it, Ace It! Is the only study guide you’ll need.
FOCUSES ON CONTENT AND EXAM SKILLS Business Studies in Grade 10 is an important and interesting subject. Along with Accounting, Business Studies is a natural extension of Economic and Management Sciences, which you studied in Grade 8 and Grade 9. Business Studies Grade 10 helps you to keep on top of the various concepts that you need to know in this introductory year. Complex concepts are broken down into more manageable chunks, which make them easier to study, understand and learn. Business Studies Grade 10 also recognises that many learners in Grade 10 lack exam-writing skills.
Therefore, subject-specific exam tips are provided to ensure that you can write your first Business Studies exam with confidence and skill.