Exam 8: Structuring Organizations for Todays Challenges
Exam 1: Taking Risks and Making Profits Within the Dynamic Business Environment315 Questions
Exam 2: Understanding Economics and How It Affects Business305 Questions
Exam 3: Doing Business in Global Markets346 Questions
Exam 4: Demanding Ethical and Socially Responsible Behavior257 Questions
Exam 5: How to Form a Business342 Questions
Exam 6: Entrepreneurship and Starting a Small Business303 Questions
Exam 7: Management and Leadership281 Questions
Exam 8: Structuring Organizations for Todays Challenges364 Questions
Exam 9: Production and Operations Management321 Questions
Exam 10: Motivating Employees357 Questions
Exam 11: Human Resource Management: Finding and Keeping the Best Employees423 Questions
Exam 12: Dealing With Employeemanagement Issues297 Questions
Exam 13: Marketing: Helping Buyers Buy250 Questions
Exam 14: Developing and Pricing Goods and Services356 Questions
Exam 15: Distributing Products314 Questions
Exam 16: Using Effective Promotions262 Questions
Exam 17: Understanding Accounting and Financial Information362 Questions
Exam 18: Financial Management297 Questions
Exam 19: Using Securities Markets for Financing and Investing Opportunities397 Questions
Exam 20: Money, Financial Institutions, and the Federal Reserve306 Questions
Exam 21: Appendix: Working Within the Legal Environment242 Questions
Exam 22: Appendix: Using Technology to Manage Information192 Questions
Exam 23: Appendix: Managing Risk128 Questions
Exam 24: Appendix: Managing Personal Finances255 Questions
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A recent trend in organization models is the development of cross-functional, self-managed teams of employees who work together on a long-term basis.
(True/False)
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Organizations that require consistent production standards to help create a high-quality public image would tend to favor
(Multiple Choice)
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A flat organization is less likely to respond quickly to customer needs.
(True/False)
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Leaf Lovers Garden Centers is a chain of discount gardening stores throughout the United States. Top management realizes that among the different regions of the U.S., there are vastly different climates and soil conditions. Therefore, regional managers are given 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. Leaf Lovers is an example of a ________ organization.
(Multiple Choice)
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The grapevine refers to the formal channel used for confidential communications between members of top management.
(True/False)
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Companies benefit today from interfirm cooperation. One of the ways they cooperate is through networking. Another way is by seeking technological knowledge and new processes from exemplary firms sometimes outside their own industries. This is called
(Multiple Choice)
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A ________ organization is characterized by direct two-way lines of responsibility, authority, and communication running from the top to the bottom of the organization, with all people reporting to only one supervisor.
(Multiple Choice)
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An organization that has contact people at the top and the chief executive officer at the bottom is known as a(n)
(Multiple Choice)
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The organizational structure of the U.S. Army's 1st Infantry Division provides for direct two-way lines of responsibility, authority, and communication running from the top to the bottom. Additionally, each person in the division reports to only one superior. The 1st Infantry Division is clearly an example of a(n)
(Multiple Choice)
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If you are a new employee at Reinhold Industries, Javier is the man to see in the welding department. Though he may not be a manager, he is the person that most of the others in the department look to for advice and assistance. Javier is an important member of the firm's
(Multiple Choice)
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Which of the following statements explains the unity of command principle of management?
(Multiple Choice)
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In a capitalist economy, organizations seldom reorganize due to changing markets.
(True/False)
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Restructuring involves the redesign of an organization to be more responsive to customers.
(True/False)
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When employees are self-managed, a company can implement a wider span of control.
(True/False)
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Introducing change into an organization is an easy task for a manager.
(True/False)
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When Barrett opened his auto body shop, his business plan included a(n) ________ that showed the relationships among employees in his organization and the lines of authority and responsibility.
(Multiple Choice)
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Henri Fayol and Max Weber are best known for their contributions to accounting theory.
(True/False)
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