Exam 7: Creating a Flexible Organization
Exam 1: Exploring the World of Business and Economics246 Questions
Exam 2: A: Being Ethical and Socially Responsible189 Questions
Exam 2: B: Being Ethical and Socially Responsible82 Questions
Exam 3: A: Exploring Global Business207 Questions
Exam 3: B: Exploring Global Business61 Questions
Exam 4: Choosing a Form of Business Ownership220 Questions
Exam 5: Small Business, Entrepreneurship, and Franchises225 Questions
Exam 6: Understanding the Management Process196 Questions
Exam 7: Creating a Flexible Organization183 Questions
Exam 8: Producing Quality Goods and Services222 Questions
Exam 9: Attracting and Retaining the Best Employees216 Questions
Exam 10: Motivating and Satisfying Employees and Teams194 Questions
Exam 11: Enhancing Union-Management Relations206 Questions
Exam 12: Building Customer Relationships Through Effective Marketing201 Questions
Exam 13: A: Creating and Pricing Products That Satisfy Customers200 Questions
Exam 13: B: Creating and Pricing Products That Satisfy Customers68 Questions
Exam 14: Wholesaling, Retailing, and Physical Distribution215 Questions
Exam 15: Developing Integrated Marketing Communications240 Questions
Exam 16: Social Media, E-Business, and Accounting179 Questions
Exam 17: Using Management and Accounting Information230 Questions
Exam 18: Understanding Money, Banking, and Credit236 Questions
Exam 19: Mastering Financial Management231 Questions
Exam 20: A: Understanding Personal Finances and Investments172 Questions
Exam 20: B: Understanding Personal Finances and Investments65 Questions
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In which of the following types of organizations would managers have the greatest opportunity for advancement?
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(Multiple Choice)
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Correct Answer:
A
The matrix organizational structure facilitates greater communication between employees.
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(True/False)
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Correct Answer:
True
An organization in which management consciously attempts to spread authority to the lower organizational levels is said to be centralized.
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(True/False)
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Correct Answer:
False
Joel Green has been working at The Bicycle Superstore for about two weeks. This morning he noticed that the store's inventory on bicycle tire repair kits is out, but he is unsure of whom he should report to for approval to place an order for more kits. Joel is unclear about the
(Multiple Choice)
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Generally speaking, a narrow span of management implies that the height of the organization will be ____; a wide span of management implies that the height of the organization will be ____.
(Multiple Choice)
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All of the following are reasons for a narrow span of management except
(Multiple Choice)
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The number of subordinates reporting directly to one manager is called
(Multiple Choice)
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A committee was organized at Xerox to study the company's hiring, promotion, and compensation policies. The group will review corporate procedures in these areas for the next six months and disband thereafter. This type of committee is referred to as a(n)
(Multiple Choice)
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When authority is concentrated at the top level of management, the organization is said to be decentralized.
(True/False)
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Target has several layers of management in between the entry-level management position and CEO. This implies that the span of management for each manager is relatively narrow and the organizational height of Target is tall.
(True/False)
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Each rectangle in an organization chart represents a relationship within the organization.
(True/False)
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Human resources is a(n) ____ type of job, so it does not fit directly into the chain of command.
(Multiple Choice)
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A computer manufacturer is first divided into the following groups: Home Office/Personal Use, Small Business, Large Business, and Educational Institutions. Within each of these divisions, management is organized into finance, operations, marketing, and human resources. This company is organized first by ____, then by ____.
(Multiple Choice)
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Through informal talks with employees, managers realized employees thought their plant would close, resulting in massive layoffs. A few were already seeking other employment. The managers responded promptly and aggressively to this rumor, assuring employees of the health of the corporation and the reasonable security of their jobs. Your managerial know-how tells you that these managers are attempting to
(Multiple Choice)
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If a new company desires to departmentalize in a way that will simplify supervision and facilitate coordination, it will most likely departmentalize by
(Multiple Choice)
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Grouping the United States into the Northeast Region, the Northwest Region, the Southeast Region, and the Southwest Region would be departmentalization by
(Multiple Choice)
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Committees and task forces represent ____ groups within an organization, whereas employee bowling teams and gatherings represent ____ groups.
(Multiple Choice)
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Adam Smith, author of The Wealth of Nations, is widely credited with being the first person to emphasize the power of specialization.
(True/False)
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