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EOMI chap 2 - Coggle Diagram

- - - - someone must organize, plan routines & procedures to guide activity
      - sectors : health, agriculture, infra, education
        
        priority
- - - - formal rules & procedures
      - promotes consistency & predictability
    - - direct oversight & control of indiv or group by manager or supervisor
      - use of control mechanisms to monitor activity
    - - informal communication to address independent tasks or issues
      - flexibility
      - based on feedback
- - - - decisions & control at the top of the hierarchy
    - - own and control other companies
    - - different business units, or divisions, operate semi-autonomously under a larger corporation
- - - - justifies special policies by gvt & regulation
- - - - manager analyzes how pieces fit 2gether to avoid costly errors
    - - objective is to min waste in investing in the optimal amount of K (depend on cost of failure)
  - - - when a pb needs to be solved for which no info or xperience is available to lower decision levels in the organizat°
    - - when there's a cooridnation pb with the info on how decis° must fit
      - scale of a firm's activities
      - complementaries among activities
      - core competency of the firm