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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The informal organization of a business is probably best suited to:
(Multiple Choice)
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Digital natives,those who grew-up with the Internet are an important customer group that most businesses want to reach.
(True/False)
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A chain of command is a line of authority that moves from the lowest level of the hierarchy to the top.
(True/False)
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It is strategically not sensible for a firm to consider asking suppliers and customers to join a cross-functional self-managed team that is testing iterations of future products.
(True/False)
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Weber believed that employees should be empowered to make their own decisions.
(True/False)
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Which of the following correctly identifies the explanation behind the unity of command principle of management?
(Multiple Choice)
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Green Landscapes,Inc. ,a company that installs underground sprinkler systems serves several commercial customers,as well as residential customers.As the business expands,Green Landscapes management may want to consider departmentalizing by customer group and then by process.
(True/False)
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Bureaucratic organizations establish rules and regulations that everyone is expected to follow.
(True/False)
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Matrix organization structures provide for more efficient use of organizational resources.
(True/False)
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Weber believed that large organizations required everyone to follow the established rules and guidelines precisely.
(True/False)
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Cross-functional teams serve as advisory committees offering their expertise to line decision makers.
(True/False)
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The cross-functional team concept has resulted in lots of unhappy employees because less than 25% of employed workers do favor working with others.
(True/False)
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Centralized authority provides for the delegation of authority to employees who are then better able to respond to customers' needs.
(True/False)
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__________ believed that managers were trustworthy and companies would do well if employees simply did what they were told.
(Multiple Choice)
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Team participants in a matrix organization model may report to two managers at one time.
(True/False)
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Springfield National Bank organizes its loan operations based on the market served,such as consumer,small business,and nonprofit organizations.Departmentalization based on ________ allows Springfield to better serve borrowers with different needs.
(Multiple Choice)
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Employee complaints that there are too many layers of management and too many rules and regulations suggest that Mucho Dinero is an):
(Multiple Choice)
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An advantage of decentralized authority is that those individuals closest to the customers and more familiar with local conditions make decisions.
(True/False)
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