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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An organization with only a few layers of management is known as an):
(Multiple Choice)
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Rapid Response Security Firm,a company that provides on-site security services for malls and other retail environments needs to review current procedures used by its professional officers to make certain they are in compliance with new laws.On crucial issues such as this,it is more important to gather information through the informal organization,as opposed to the formal organization.
(True/False)
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As organizations grew,the use of Fayol's principles led to rigid organizations that didn't always respond quickly to consumer requests.
(True/False)
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According to Fayol's principle of Authority,if you have authority you also have responsibility.
(True/False)
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While staff personnel have the authority to make policy decisions,line personnel have the authority to advise and make suggestions.
(True/False)
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Ben was confident that sports fans would fill the seats in his brewery restaurant after major league baseball games if they just knew about the place - after all,he offered convenience,easy walking distance,great local talent for entertainment and several fresh premium brews.He decided to join social networks such as Twitter and Facebook,and offer wireless services and lunch for afternoon customers.These are worthy strategies for reaching digital natives.
(True/False)
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Most businesses adopt a bureaucratic organization in order to speed up their decision making process.
(True/False)
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Organizations that utilize functional departmentalization benefit from improved communication between departments.
(True/False)
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When we experience economies of scale this means that as production levels rise we make more of something),the cost of supplies and cost of labor that goes into the production,goes down.
(True/False)
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Gangsta Industries produces a variety of anti-crime and safety products such as burglar alarms,smoke detectors,surveillance cameras,and specialty locks.Gangsta sells to households,businesses,and government agencies.They have found that each market requires a different marketing strategy.Gangsta would probably benefit from departmentalization by:
(Multiple Choice)
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Gary was a politically savvy employee who had worked for his company for several years.After several promotions,he emerged as the new president of the company.Grace,a colleague of Gary's who reported to him when he was a first-line supervisor,understood how the human side of the organization worked and made certain that she maintained a direct line of communication with Gary at all times.On the company's organization chart,Grace maintained a lower level position;however,due to her open line of communication with President Gary,she seemed to successfully push her agend A.The human side of the organization is synonymous with the _________________.
(Multiple Choice)
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The purpose of a division of labor and specialization is to improve an employee's job performance.
(True/False)
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The informal organization is best suited for decision making on big issues.
(True/False)
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One key to organizational success is to go back to basic principles and build the business on a sound foundation.
(True/False)
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Antonio works in the accounting department of a large firm.This is an example of Fayol's division of labor concept.
(True/False)
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Managers near the top of an organization have the broadest span of control.
(True/False)
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Economies of scale can be achieved through departmentalization.
(True/False)
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Empowering employees to better serve customers requires __________ front-line employees.
(Multiple Choice)
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