Exam 6: Organization Structure and Management Systems: the Fundamentals of Strategy Implementation

The tendency for societies to revert to subsistence economies when the fabric of civilization breaks down is because:

According to James Thompson,"pooled interdependence" is the most intensive form of interaction between organizational members.

Roles and directives,mutual adjustment,and routines are:

The creation of business enterprises where a head office managed geographically-separate operational units was facilitated by:

In determining how to group the employees into organizational units,the intensity with which they need to collaborate with one another is less important than the need for social harmony.

Holding companies are organizational forms that exist primarily to facilitate control over large family-owned businesses.

Operating plans and capital expenditure budgets are the key mechanisms through which strategy drives resource allocation.

During recent decades,the hierarchical structures of business enterprises have become more oriented towards control than coordination.

According to Henry Mintzberg,organizational structure can be defined as:

The shared values embodied in an organization's culture cannot substitute for direct management control.

The fundamental organizational problem is that specialisation creates the need for cooperation and coordination.

As companies and their industries mature,the need for efficiency and more centralized control,often results in companies replacing their functional structures with multidivisional structures.

Firm and markets represent the two primary modes of economic organization in the capitalist economy.

Contingency theory advocates that the best organizational design is one that can respond to multiple contingencies.

A fundamental task of organization is to manage:

In most large companies strategic planning is:

The "agency problem" refers to:

Large corporations with matrix structures where control is shared among different organizational dimensions have experienced:

When markets become unstable,bureaucratic approaches to management become more effective because they are a source of stability.

Linking medium-term strategic planning to annual operating plans and an operating budget is undesirable since it encourages short-term thinking.