Wednesday, May 8, 2019
Target Corporation Assignment Example | Topics and Well Written Essays - 500 words
Tar unhorse Corporation - Assignment practiceThe organizational hierarchy as described above indicates that Target has a tall(a) management structure. Companies with tall hierarchies tend to take more time in making decisions. Information flow, be it top-bottom or bottom-top tends to get distorted leading to misinterpretation of the messages sent. Due to this, the organization runs the risk of taking incorrect decisions as they may be based on incorrect information.Tall hierarchies tend to increase management costs as well. Managers are usually paid more than subordinates therefore each additional level in the hierarchy would contribute to escalating costs. Last, but not the least, employees have the less managerial authority and responsibility which acts as a stumbling block in motivating them.Given the nature and quantum of Targets business, the company would require a lot of staff. The operational work at the 1750 stores spread across the 49 states is essentially being do by t he 3, 55, 000 team members. That translates to a little more than 200 employees per store which is far lower than what the biggest retailer in the world, Wal-Mart has. A clear-cut hierarchy and limited span of control ensure that supervision is powerful and the work done is of the highest quality.It is not without reason that the company has won numerous awards. Among others, Target has bagged the 10th breaker point in the list of Top 100 Employers for the Class of 2011 compiled by the Diversity Employers Magazine.
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