Exam 7: Creating a Flexible Organization
Exam 1: Exploring the World of Business and Economics248 Questions
Exam 2: Being Ethical and Socially Responsible274 Questions
Exam 3: Exploring Global Business252 Questions
Exam 4: Choosing a Form of Business Ownership213 Questions
Exam 5: Small Business, Entrepreneurship, and Franchises212 Questions
Exam 6: Understanding the Management Process196 Questions
Exam 7: Creating a Flexible Organization190 Questions
Exam 8: Producing Quality Goods and Services210 Questions
Exam 9: Attracting and Retaining the Best Employees217 Questions
Exam 10: Motivating and Satisfying Employees and Teams200 Questions
Exam 11: Building Customer Relationships Through Effective Marketing207 Questions
Exam 12: Creating and Pricing Products That Satisfy Customers270 Questions
Exam 13: Distributing and Promoting Products241 Questions
Exam 14: Understanding Social Media and E-Business157 Questions
Exam 15: Using Management Information Systems and Accounting Information183 Questions
Exam 16: Mastering Financial Management236 Questions
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Probably the most obvious advantage of a matrix structure is that of
(Multiple Choice)
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A locally owned and operated bakery with just one location is likely to have
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The assignment of part of a manager's work and authority to a worker is called
(Multiple Choice)
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An organization is a group of two or more people working together to achieve common goals.
(True/False)
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Another term used to refer to a formal organization's network of communication is grapevine.
(True/False)
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An analyst in the corporate finance department at Chase Manhattan Bank has been assigned to an interdepartmental project involving a major client. He must report to two different supervisors⎯the project manager and the manager of his department. This sort of organizational structure is called a ____ structure.
(Multiple Choice)
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An organization in which management consciously attempts to spread authority to the lower organizational levels is said to be centralized.
(True/False)
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Which of the following is a disadvantage of departmentalization by function?
(Multiple Choice)
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When you encounter an organization where employees are quite intense, focused, and determined to win, you have encountered an organization with a(n) ___ culture.
(Multiple Choice)
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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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The legal affairs attorney working for Intel would most likely occupy a(n)
(Multiple Choice)
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The Morgan Company, a small furniture manufacturer, divides its organization into marketing, human resources, accounting, and production departments. This is an example of departmentalization by
(Multiple Choice)
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The employees at the Ford production facility in Michigan work on an assembly line where each employee performs a specific task. This method of assembly-line production is a good example of job specialization.
(True/False)
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An advantage of decision-making by a committee in lieu of an individual is that committee deliberations are always faster than individual decisions.
(True/False)
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A task force is a committee responsible for investigating a major problem or pending decision.
(True/False)
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A(n) ____ has been appointed to investigate the pending merger of your company and the Tandy Corporation.
(Multiple Choice)
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