Designing A Global Financial Trading Firm

Address the following questions and also provide the name of a company example of each structure with supporting rationale. Reply substantively to two other learners.

Match each of the definitions in #1-5 with one of the following Business Organization structures:

To accomplish the goals outlined during the planning phase managers need to link employees, responsibilities, and resources together through organisation. Henri Fayol stated that “To organize a business is to provide it with everything useful or its functioning i.e. raw material, tools, capital and personnel’s”.

Being well organized not only helps you and your life at your work it also helps at home as well. You’re not constantly worry about where is this or I have to do that. To families it also looks better as well.

Distinguish your company's offerings from that of the competitions, becoming more attractive to prospective consumers while making your competitors less attractive.

It?s no secret that organization is one of the keys to success. You can?t be messy and disorganized if you want to be successful at something. You have to be focused, driven, hard working, and, above all, organized. You have to be clean, orderly, and in control not just when it comes to the state of your workspace, like how much clutter is on your desk or where you keep all your pens and folders, but with how you approach and accomplish all your tasks or how you track and monitor the operations, productivity, and progress of your business.

The author states the importance of viewing the process through multiple lenses in order to capture new application to measurement, (Spitzer, 2007). By utilizing old processes we are not being innovative in establishing efficient and practical applications of measurement, (Spitzer, 2007). As we implement new applications of measure we are opening the gateway to innovated methods of envisioning new successes. Innovation is key to creating a new direction beyond industry standards, (Spitzer, 2007). The author states that we must be cognizant of outcomes regarding measurement. This falls in line with the adage of one size doesn’t necessarily fit all. As one organization is experiencing success in transformation this doesn’t mean that it will work in all applications, (Spitzer, 2007). That is why organization must identify what works for them in order to be successful in transformational measurement, (Spitzer,

9) What are the pros and cons associated with various organization structures used by international firms (4.2)?

3. What factors need to be considered when determining the optimal form of organization for a business enterprise?

After being a student at SFU for 4 years, I have come to understand the importance of organization in finding success. All jobs require organization in order to keep track of tasks and to avoid failure in keeping up with responsibilities. At this job the two primary programs that I used to keep organized were Excel and Outlook.

1.3 Our Core Business Structure . . . . . . . . . . . . . . . . . . . 3

It has been said that you must measure what you expect to manage and accomplish. The same is true when one considers business performance. In a business measurement drives improvement which drives satisfaction. In turn, satisfaction results in loyalty from customers which means the financial success of a business. Without measurement, one has no reference to work with and thus, tends to operate in the dark.

Organization is a broad topic that can be broken down in to several different sub categories. When we think of organization, we think of tidy shelves with individual labeled bins for all of our knick knacks, books and magazines or a closet full of neatly folded clothing and shoes meticulously arranged by color, function and style. These are examples of tangible items and only represent one small cross section of organization. Intangible items such as time, relationships, information and finances must also be organized in such a way that will improve our ability to be efficient, effective and ultimately successful.

Think about ways to measure things differently that your competitors. Novel and unique metrics are just as important to differentiating

Organization is the strength of any business. The more organized and efficient the different components in the business are, the better it functions and produces.