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Decent Essays

1. Who do you consider the Itwo greatest leaders in American business - past or present? What did/do they do that makes you call them leaders versus managers?
I consider Bill Gates and Steve Jobs to be the greatest leaders in American business. Over the past 25 years, technology was the industry of choice for many of the top business people. Microsoft 's Bill Gates and Apple’s Steve Jobs both exemplify the explosion in that realm. Gates, Microsoft chairman and world 's richest man, is the No. 1 business leader of the past quarter-century for his mix of entrepreneurial energy, dogged leadership and philanthropic interest.The points that make them great leaders are the fact that they were both great visionaries. For example Bill Gates …show more content…

Many organizations flip-flop regularly between centralized and decentralized support departments and divisions (e.g., HR, Legal, Accounting, etc.). Be ready to discuss the advantages and disadvantages of each, and bring one concrete example of an organization, with details, that operates its support departments and divisions one way or the other.

An organizational structure is the outline of a company’s framework and guidelines for managing business operations. An organization 's structure and its degree of centralization or decentralization depend on a number of factors, including the size of the organization and its geographic dispersion. In a very large and diversified organization, it is unlikely that a handful of people will possess all the resources to achieve all goals and objectives of the enterprise. As a result, it becomes impractical to concentrate power and decision-making authority at the top. Similarly in a geographically-dispersed organization, a centralized approach will not be the most efficient, as the people with the most authority will be unable to directly supervise operations on a day-to-day basis.
Centralized organizational structures rely on one individual to make decisions and provide direction for the company. Small businesses often use this structure since the owner is responsible for the company’s business operations.

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