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Management & Business Context

   

Added on  2021-06-17

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Running Head: Management & Business Context SIMCOA OPERATIONS PTY LTDManagement & Business Context
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Management & Business Context 1Table of ContentsIntroduction......................................................................................................................................2Organizational structure...................................................................................................................2External and internal environmental forces.....................................................................................3Risks factors.....................................................................................................................................4Enhancing organizational performance...........................................................................................5Important functions..........................................................................................................................5Conclusion and recommendation....................................................................................................6References........................................................................................................................................7
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Management & Business Context 2Introduction Duties, hierarchy of authorities, and responsibilities are part of organizational structure. Inrelevance with the accomplishment of tasks in an appropriate manner, organizational structureplays vital role. Structure clarifies the process of assigning duties, tasks and responsibilities tothe employees in order to attain better results. Under this procedure, communication also playscrucial role as it facilitates employees to exchange thoughts amongst the employees and it alsohelps the employees to communicate with top level management. Organizational structureconsists of certain standards, policies and regulations which need to be followed by everymember of the organization while performing any activity on behalf of the organization (Zheng,Yang & McLean, 2010). Under this assessment, organizational structure of Simcoa Operations Pty Ltd will be discussedalong with analysing impact of external and internal forces over organizational performance.Apart from this, this assessment will focus over trending risk factors faced by organization whichaffect the decision making process of organization. Further, crucial functions will also bediscussed which plays vital role in development of strategies with regards to the accomplishmentof goals and objectives. Organizational structureEvery activity which is been executed at workplace of Simcoa Operations Pty Ltd are controlledby top level management. This defines that organization structure of Simcoa Pty Ltd is a type oftraditional organizational structure. According to traditional system, CEO (chief executiveofficer) or Chairman acts as the top most authority in Simcoa Operations Pty Ltd takes finaldecision for organization. Simcoa Operations is an Australian based company committed toproducing the world's highest quality silicon to meet customers' precise needs (Yang, Yu, Hsu,Hsu, Yang & Lan, 2015). Silicon is an effective element which plays vital role in production ofvarious industrial lifestyle products. These products carry huge weightage in everyone’severyday lives. Further, board of directors have subsequent powers to take decisions on behalf ofthe organization with mutual consent. They are the people who develop policies, code ofconduct, standards, etc. with the objective of performing the tasks in an appropriate manner so
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