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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The most common bases for departmentalization are by function, by product, by location, and by customer.
(True/False)
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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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Upon beginning her career at Davidson Inc., a small consulting firm, Stephanie Benjamin receives a copy of the firm's organization chart, which will
(Multiple Choice)
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Although departmentalization may be determined within an organization on the basis of one criterion, such as location, most organizations find ____ to be a more efficient means of conducting business.
(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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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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The human resource manager of one of Hershey Foods' production facilities has been noticing an increase in absenteeism among assembly-line workers in the chocolate bar plant. Switching to a job rotation system would probably significantly decrease the amount of absenteeism.
(True/False)
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An informal organization can be shown on a formal organization chart.
(True/False)
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The degree of centralization of an organization is based on the
(Multiple Choice)
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Galvin Corporation provides institutional food facilities with bread and other baked goods. The company does not actually produce or market the bread, and it has very few employees, most of whom are top executives or clerical workers. Galvin Corporation has a(n) ____ organizational structure.
(Multiple Choice)
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The most appropriate, short-term committee to provide a recommendation for a health care benefit plan for a medium size corporation would be a task force.
(True/False)
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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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Identify and briefly describe the decisions involved that management must make in organizing a business.
(Essay)
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Carl Smith overheard that Joe Dunn was blowing the whistle on managers at XYZ Company and that a full story would appear in Sunday's paper. Carl quickly alerted the managers, who were able to stop the newspaper from printing the article. This is an example of managers'
(Multiple Choice)
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It is important for managers to be aware of the informal groups that exist in an organization.
(True/False)
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Ford Motor Company's marketing department has recently been restructured to implement a brand management strategy. This is an example of departmentalization by product.
(True/False)
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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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