Exam 8: Structuring Organizations for Todays Challenges
Exam 1: Taking Risks and Making Profits Within the Dynamic Business Environment327 Questions
Exam 2: Understanding Economics and How It Affects Business314 Questions
Exam 3: Doing Business in Global Markets358 Questions
Exam 4: Demanding Ethical and Socially Responsible Behavior269 Questions
Exam 5: How to Form a Business347 Questions
Exam 6: Entrepreneurship and Starting a Small Business316 Questions
Exam 7: Management and Leadership285 Questions
Exam 8: Structuring Organizations for Todays Challenges369 Questions
Exam 9: Production and Operations Management326 Questions
Exam 10: Motivating Employees374 Questions
Exam 11: Human Resource Management: Finding and Keeping the Best Employees437 Questions
Exam 12: Dealing With Union and Employeemanagement Issues302 Questions
Exam 13: Marketing: Helping Buyers Buy252 Questions
Exam 14: Developing and Pricing Goods and Services357 Questions
Exam 15: Distributing Products315 Questions
Exam 16: Using Effective Promotions267 Questions
Exam 17: Understanding Accounting and Financial Information366 Questions
Exam 18: Financial Management300 Questions
Exam 19: Using Securities Markets for Financing and Investing Opportunities410 Questions
Exam 20: Money, Financial Institutions, and the Federal Reserve312 Questions
Exam 21: Managing the Marketing Mix: Product, Price, Place and Promotion516 Questions
Exam 22: Extension: Working Within the Legal Environment245 Questions
Exam 23: Extension: Using Technology to Manage Information189 Questions
Exam 24: Extension: Managing Risk129 Questions
Exam 25: Extension: Managing Personal Finances259 Questions
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Bureaucratic organizations establish rules and regulations that everyone is expected to follow.
(True/False)
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Fayol believed that decision-making authority should remain in the hands of top management:
(Multiple Choice)
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Which of the following positions would be classified as a staff position?
(Multiple Choice)
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Which of the following is an advantage of a matrix organization structure?
(Multiple Choice)
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Benchmarking requires organizations to compare each organizational function against the best in the world.
(True/False)
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According to Fayol's principle of authority, if you have authority you also have responsibility.
(True/False)
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As indicated in the Making Ethical Decisions box, "Would You Sacrifice Safety for Profit?" organizational decisions that affect profits in a negative way should be avoided at all cost.
(True/False)
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Economies of scale can be achieved through departmentalization.
(True/False)
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As a result of rapidly changing markets and global differences in consumer tastes, more firms are considering centralized authority.
(True/False)
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