How 2 Make Business

A. Definition: process of acquiring information for decision making.
B. Surveillance:
1. Definition: watch over an interest.
2. Gives decision maker a general awareness.
3. Requires relatively low time involvement.
4. Keeping top management aware of what is going on.
C. Search
1. Definition: locating a particular piece of information needed to solve a particular problem.
2. Requires high time commitment.
3. Is problem oriented?

D. Three types of scanning models:
1. Irregular: ad hoc study triggered by [...]

1. Decentralization
a. Definition: practice of delegating many important decisions to middle and lower-level managers
b. Connotes dispersal of facilities, participative processes for setting organizational goals (such as management by objectives-MBO) or profit centers that focus attention on performance and results
c. Advantages: increased motivation and morale, timely response to demands or problems, speedy decision making
d. Disadvantage: potential [...]

1. Definition: a set of boxes and lines depicting job titles, reporting relationships and responsibilities in an organization
2. Signal other factors such as individual salaries
3. Fails to reveal the full impact of structure
In Wikipedia, it’s definition is:
An organizational chart (often called organization chart or organigram(me) or organogram(me)) is a diagram that shows the structure of [...]