Organizational Feasibility Study 1n5w18

Organizational Feasibility Study

Alen Astillero Trisha Amor Gatdula Joyce Montano Nomer Palomar Francis Joshua Rodriguez

Purpose of an Organizational Feasibility Study To define the legal and corporate structure of the business. An Organizational Feasibility Study may also include professional background information about the founders and principals of the business and what skills they can contribute to the business. A legal structure (entity structure) is the legal definition of your business e.g., corporation, partnership, sole proprietorship. A normal corporate structure consists of various departments that contribute to the company's overall mission and goals. Common departments include Marketing, Finance, ing, Human Resource, and IT.

Your organizational feasibility study should include:    

Description of Your Business Structure Description of Your Organizational Structure Internal and External Principles and Practices of the Business Professional Skills and Resumes

Organizational Function An organizational or business function is a core process or set of activities carried out within a department or areas of a company. Common functions include operations, marketing, human resources, information technology, customer service, finance and warehousing.  

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General Management is concerned with the leadership and management of the enterprise as a whole. Business finance is a term that encomes a wide range of activities and disciplines revolving around the management of money and other valuable assets. Personnel istration is the phase of management concerned with the engagement and effective utilization of manpower to obtain optimum efficiency of human resources. Marketing are activities of a company associated with buying and selling a product or service. It includes advertising, selling and delivering products to people.

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Production is a process of workers combining various material inputs and immaterial inputs (plans, know-how) in order to make something for consumption (the output). It is the act of creating output, a good or service which has value and contributes to the utility of individuals.

Organizational Structure Top management - The highest ranking executives (with titles such as chairman/chairwoman, chief executive officer, managing director, president, executive directors, executive vice-presidents, etc.) responsible for the entire enterprise. Top management translates the policy (formulated by the board-of-directors) into goals, objectives, and strategies, and projects a shared-vision of the future. It makes decisions that affect everyone in the organization, and is held entirely responsible for the success or failure of the enterprise.

Middle management - Comprises of managers who head specific departments (such as ing, marketing, production) or business units, or who serve as project managers in flat organizations. Middle managers are responsible for implementing the top management's policies and plans and typically have two management levels below them. Usually among the first to be slashed in the 'resizing' of a firm, middle management constitutes the thickest layer of managers in a traditional (tall pyramid shaped) organization.

Supervisory management - The action of overseeing and managing employees in the workplace. Supervisory management is offered as a common course in many business and trade schools in order to train people to work in a supervisory capacity and effectively manage the work force in a company.