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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Henri Fayol and Max Weber are best known for their contributions to accounting theory.
(True/False)
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Team participants in a matrix organization model may report to two managers.
(True/False)
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Rob is a middle manager who spends much of his time devising ways to implement the ideas of top management. Max Weber would have considered Rob a bureaucrat.
(True/False)
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Soprano Industries follows a chain of command with authority moving from the top of the hierarchy down to lower-level managers. The company is organized by department with established rules and regulations that everyone is expected to follow. All of these characteristics suggest that Soprano is an example of a bureaucratic organization.
(True/False)
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In Weber's view of a bureaucratic organization, the role of top management was to:
(Multiple Choice)
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As your good friend ponders putting some structure to his/her graphic design business idea, which of the following do you not - advise him/her to do?
(Multiple Choice)
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A recent business trend is the elimination of layers of management, creating flatter organizations and subsequently, a wider span of control.
(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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As compared to a centralized management structure, which of the following is a disadvantage of the decentralized management structure?
(Multiple Choice)
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The informal organization is best suited for decision making on big issues.
(True/False)
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Max Weber believed that promotion should be based solely on seniority.
(True/False)
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Weber put great trust in the creativity, skills, and pride of employees and believed that managers should act more as coaches than as bosses.
(True/False)
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Small business organizations lack the size required to reap the benefits of labor specialization.
(True/False)
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A weakened corporate image is one of the disadvantages of a decentralized business organization.
(True/False)
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Which of the following describes a temporary networked organization made up of replaceable firms that join and leave as needed?
(Multiple Choice)
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