Exam 15: Organizational Structure and Controls

A(n)________ organizational structure is used when everyone in a group is working toward a well-defined goal but the means to achieve that goal are not clear.

One of the weaknesses of a matrix structure is that employees each have two bosses - a functional area head and a line of business head.

A product/market structure is especially appropriate for a business pursuing a market penetration growth strategy.

In a simple structure all areas of the company report to a single person.

If a firm is very decentralized and has a web of independent offices in each region,with little or no formal hierarchy,which structure is it likely to have?

Summarize the five main structural forms.

The conflicts created by specialization,centralization and formalization are a major issue in both large and small organizations.

One example of a leveraged buyout is when a business unit is sold off to its managers.

What is restructuring and how might a firm restructure?

A control system that consists of policies and guidelines to guide the behavior of organizational members is:

Identify the main features of the holding company structural form and the situations where it may be appropriate.

Common feedback control systems include all of the following except:

A functional structure is designed around the outputs of an organization,as represented by product groups or markets.

Which of the following is not a true statement about matrix structures?

The elements in a feedback control system include all of the following except:

_____________ is a method of managing or coordinating employees based upon the operations that they perform.

The first step in a strategic control system is measuring the actual performance.

A ________ organizational structure is where employees are grouped by expertise or similar activities such as marketing or accounting/finance.

The coordination required in an organization becomes more difficult as the business becomes more multidimensional with different products and services.

Explain how an organization structure should be designed to facilitate communication,coordination,and control.