Exam 7: Business Management and Organization
Exam 1: Business Basics88 Questions
Exam 2: Economics and Banking106 Questions
Exam 3: Ethics in Business98 Questions
Exam 4: Business in a Global Economy103 Questions
Exam 5: Small Business and the Entrepreneur103 Questions
Exam 6: Forms of Business Ownership105 Questions
Exam 7: Business Management and Organization89 Questions
Exam 8: Motivation, Leadership, and Teamwork90 Questions
Exam 9: Human Resource Management107 Questions
Exam 10: Online Business and Technology79 Questions
Exam 11: Production, operations, and the Supply Chain91 Questions
Exam 12: Marketing and Consumer Behavior105 Questions
Exam 13: Product Development and Pricing Strategies101 Questions
Exam 14: Promotion and Distribution96 Questions
Exam 15: Financing and Tracking Business Operations105 Questions
Exam 16: Investment Opportunities in the Securities Market89 Questions
Exam 17: Business Law45 Questions
Exam 18: Constructing an Effective Business Plan37 Questions
Exam 19: Business Communications29 Questions
Exam 20: Finding a Job27 Questions
Exam 21: Personal Finance33 Questions
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Almost all businesses are organized the same way,in a vertical,hierarchical structure.
(True/False)
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Tasty Pastry Bakery Shop is having problems with its sticky buns.The bottoms are burning and the customers are complaining.They have identified the problem and they are looking into possible alternative solutions.They could change the recipe and reduce the sugar,which burns quickly.They could change the type of pan they are using.They could lower the heat of the oven.They have tried changing the type of pan from steel cookie sheets to glass pans; however,the buns are still burning.What must they do now?
(Multiple Choice)
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A vision statement is a current description of an organization's purpose,basic goals,and philosophies.
(True/False)
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Sometimes when companies have grown very large they restructure from a vertical organization to a horizontal one.Why?
(Essay)
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The need for a business to change quickly will often help determine the ________.
(Multiple Choice)
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Smaller companies that have relatively few employees tend to be organized in the same way as large corporations.
(True/False)
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If a business owner has a superb knowledge of business logistics,has the ability to make good decisions every day,and has excellent interpersonal skills,the business will thrive.
(True/False)
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What are at least three of the interpersonal skills that a top manager must develop in order to work successfully with people both inside and outside an organizations?
(Essay)
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A company might conduct full-scale practice drills,including closing a building and working from a remote location,in order to test its contingency plans.
(True/False)
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In an organizational chart for a company,training will generally fall under what division?
(Multiple Choice)
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A company that is organized around specific business functions and where there are several levels of first-line and middle managers is a(n)________ organization.
(Multiple Choice)
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A(n)________ organization has few people in power and many following.
(Multiple Choice)
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Why did Xerox make the shift from being a vertical organization to a horizontal one?
(Essay)
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Which of these falls directly under the responsibility of first-line managers?
(Multiple Choice)
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The benefit of a horizontal organization is that each team has more responsibility for the outcome of its work.
(True/False)
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