By: Jerold Zimmerman
Uncategorized
It introduces the foundational concepts of managerial economics and the importance of organizational design. The chapter sets the stage for understanding how economic principles can be applied to solve organizational problems and structure more effective organizational architectures.The framework that defines the structure of decision rights, reward systems, and performance evaluation systems within an organization.The chapter emphasizes the importance of aligning organizational architecture with business strategy to enhance firm performance. It also highlights the role of managers in shaping organizational structures that motivate employees and align their interests with organizational goals.
100 Pages
Price: $32.00