1 / 1

Jeffery David Whippo Thinks Contributions from a Range of Economic Research Fields are Used in Industrial Organization

Jeffery David Whippo provides an excellent explanation of organizational structure. A wide range of economic disciplines, including game theory, information theory, organization theory, agency theory, and transaction cost analysis, as well as the allied topic of strategic management, have contributed to the study of industrial organization.

andrewhodo6
Télécharger la présentation

Jeffery David Whippo Thinks Contributions from a Range of Economic Research Fields are Used in Industrial Organization

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Jeffery David Whippo Thinks Contributions from a Range of Economic Research Fields are Used in Industrial Organization Successful leadership and coaching expert Jeffery David Whippo provides an excellent explanation of organizational structure. According to him, a well-functioning organization makes it easier to carry out different managerial tasks through clear authority and responsibility relationships, division of labor, and regular delegation. According to him, organic structures tend to promote more fluid information processing as a result of decentralization, which helps the organization react to unforeseen occurrences more quickly and effectively. A wide range of economic disciplines, including game theory, information theory, organization theory, agency theory, and transaction cost analysis, as well as the allied topic of strategic management, have contributed to the study of industrial organization. In general, organizational structure is the study of variables that affect the company's overall strategy and product positioning. It also entails researching many topics that have an impact on the company's operations. According to Jeffery D Whippo, decisions in a decentralized structure are made at different organizational levels, whereas in a centralized system, authority for making decisions is centralized at the top. It describes the strategies used to accomplish specific tasks in order to meet an organization's objectives. It also outlines each worker's role and how it fits into the system as a whole. Jeffery claims that a strong organizational structure places a strong emphasis on the analysis of business tactics, such as price competitiveness, product positioning, advertising, research, and development that are traits of market interaction.

More Related