Exam 8: Structuring Organizations for Todays Challenges
Exam 1: Taking Risks and Making Profits Within the Dynamic Business Environment327 Questions
Exam 2: Understanding Economics and How It Affects Business317 Questions
Exam 3: Doing Business in Global Markets362 Questions
Exam 4: Demanding Ethical and Socially Responsible Behavior276 Questions
Exam 5: How to Form a Business352 Questions
Exam 6: Entrepreneurship and Starting a Small Business317 Questions
Exam 7: Management and Leadership293 Questions
Exam 8: Structuring Organizations for Todays Challenges369 Questions
Exam 9: Production and Operations Management329 Questions
Exam 10: Motivating Employees387 Questions
Exam 11: Human Resource Management: Finding and Keeping the Best Employees444 Questions
Exam 12: Dealing With Union and Employeemanagement Issues320 Questions
Exam 13: Marketing: Helping Buyers Buy255 Questions
Exam 14: Developing and Pricing Goods and Services352 Questions
Exam 15: Distributing Products316 Questions
Exam 16: Using Effective Promotions285 Questions
Exam 17: Understanding Accounting and Financial Information382 Questions
Exam 18: Financial Management313 Questions
Exam 19: Using Securities Markets for Financing and Investing Opportunities424 Questions
Exam 20: Money,financial Institutions,and the Federal Reserve325 Questions
Exam 21 :test Planning Table for Bonus Chapter A256 Questions
Exam 22: Using Technology to Manage Information224 Questions
Exam 24: Managing Risk155 Questions
Exam 25: Managing Personal Finances264 Questions
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Which of the following is considered to be an advantage of functional departmentalization?
(Multiple Choice)
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One of Fayol's principles suggests that managers should have the right to give orders and expect others to follow.
(True/False)
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Businesses seldom create separate departments to serve customers with different needs.
(True/False)
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The key people in a company's grapevine typically have considerable influence in the organization.
(True/False)
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In a capitalist economy,organizations seldom reorganize due to changing markets.
(True/False)
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Looking at a traditional organization chart,you will view who reports to whom;you will have a sense of each person's authority and responsibility,and the type of work that they perform for the organization.
(True/False)
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Which of the following was created as a solution to the temporary nature of the matrix structure?
(Multiple Choice)
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A bureaucracy is an organization with many layers of managers who set rules and regulations and oversee all decisions.
(True/False)
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Fayol's principles suggest that the goals of the firm are less important than the goals of individual workers.
(True/False)
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An organization that has contact people at the top and the chief executive officer at the bottom is known as an):
(Multiple Choice)
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Management at Hottie Potatee,a nationwide potato bar chain,believes that its customers value a predictable and consistent level of service and quality.When customers stop at one of its potato bar chain restaurants anywhere in the United States,they should know what to expect in terms of menu,price and quality.In order to maintain this consistency,Hottie Potatee should adopt a decentralized organization.
(True/False)
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Traditional organizational models such as a line model or a line and staff model provide the flexibility demanded in a changing business environment.
(True/False)
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A recent trend in organization models is the development of cross-functional,self-managed teams of employees who work together on a long-term basis.
(True/False)
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HairTrend,a cosmetology trade publication,utilizes the resources of other organizations as needed.Business relationships are temporary and flexible.HairTrend is a networked organization made up of replaceable firms that join the network and leave it as needed.This unique organization is an example of:
(Multiple Choice)
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Which of the following describes a group of employees from different departments working together on a long-term basis?
(Multiple Choice)
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Barclay developed two interactive computer games.He didn't do it entirely alone.Last year he started a small company,hired two programmers,and a marketing graduate.He considers himself a cutting-edge kind of guy and wants to position his company the same.Soliciting your advice as to how he should structure his organization as he moves forward,you suggest that he hire a few potential customers to join his team of employees as product testers.And,maybe he should solicit globally.You are suggesting to Barclay that he put together a ___________.
(Multiple Choice)
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Wizard Manufacturing makes small consumer electronics like mixers and toasters.The industry is relatively stable,having few new advances in product development.Wizard should use a line or line-and-staff organizational structure to ensure efficient operations.
(True/False)
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