Exam 8: Structuring Organizations for Todays Challenges
Exam 1: Taking Risks and Making Profits Within the Dynamic Business Environment246 Questions
Exam 2: Understanding Economics and How It Affects Business283 Questions
Exam 3: Doing Business in Global Markets341 Questions
Exam 4: Demanding Ethical and Socially Responsible Behavior265 Questions
Exam 5: How to Form a Business322 Questions
Exam 6: Entrepreneurship and Starting a Small Business289 Questions
Exam 7: Management and Leadership280 Questions
Exam 8: Structuring Organizations for Todays Challenges357 Questions
Exam 9: Production and Operations Management302 Questions
Exam 10: Motivating Employees350 Questions
Exam 11: Human Resource Management: Finding and Keeping the Best Employees394 Questions
Exam 12: Dealing With Union and Employeemanagement Issues300 Questions
Exam 13: Marketing: Helping Buyers Buy211 Questions
Exam 14: Developing and Pricing Goods and Services303 Questions
Exam 15: Distributing Products275 Questions
Exam 16: Using Effective Promotions254 Questions
Exam 17: Understanding Accounting and Financial Information365 Questions
Exam 18: Financial Management294 Questions
Exam 19: Using Securities Markets for Financing and Investing Opportunities436 Questions
Exam 20: Money, Financial Institutions, and the Federal Reserve299 Questions
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Line organizations follow Fayol's traditional management rules.
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(True/False)
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Correct Answer:
True
As a response to a rapidly changing marketplace, Idea Electronics found it necessary to reorganize, including a significant downsize of its middle management. This action will likely result in .
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(Multiple Choice)
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Correct Answer:
B
Which of the following statements would best summarize Max Weber's views on the role of workers in an organization?
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(Multiple Choice)
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Correct Answer:
C
In order to improve services to customers, Northwest Electric, a regional monopoly recently rated their company's processes and products against the results achieved by the world's best at similar processes and products. Northwest Electric has adopted a policy of international standardization.
(True/False)
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Kate holds a middle management position with a large corporation. She prefers to involve her subordinates in decision-making. She also favors allowing workers a fair amount of flexibility in how they do their jobs. Kitty's approach to management exemplifies the principles first popularized by Max Weber.
(True/False)
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Recent changes in the organizational structure of businesses are intended to facilitate management of the firm.
(True/False)
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In today's business environment, the trend is to decrease the span of control.
(True/False)
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As depicted in the Reaching Beyond our Borders, box, "General Electric Looks for More Profits", in order to compete globally, corporate strategy should not try to match the performance of competitors.
(True/False)
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Line organizations often experience the problem of employees reporting to more than one boss.
(True/False)
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Companies benefit today by inter-firm cooperation. One of the ways they cooperate is through networking. Another way is by seeking technological knowledge and learning new processes from other firms that usually fall outside of their respective industries. We call this:
(Multiple Choice)
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The virtual corporation does all its business online with partners considered a permanent part of the network.
(True/False)
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Which of the following is considered to be an advantage of functional departmentalization?
(Multiple Choice)
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Greenwave Garden Centers is a national chain of discount gardening stores. The top management at Greenwave realizes that different regions of the United States have very different climates and soil conditions, so they give regional managers a great deal of freedom to decide exactly what types of plants, fertilizers, and other items to stock and how to best market these products. Greenwave is an example of a organization.
(Multiple Choice)
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The very best organizations have cultures that emphasize service to others, especially customers.
(True/False)
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Line-and-staff organizations work well in organizations with:
(Multiple Choice)
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In a(n) organization, decision-making authority is concentrated at the top level of management.
(Multiple Choice)
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Successful managers will find the balance between promoting the informal organization and maintaining a formalized structure, as well.
(True/False)
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