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 disadvantage of the matrix organization is the temporary nature of the teams.
(True/False)
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________ is using communications technology and other means to link organizations and allow them to work together on common objectives.
(Multiple Choice)
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Today's preference for flat rather than tall organization structures is mainly due to a flat organization's ability to
(Multiple Choice)
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Which of the following is an advantage of a matrix organization structure?
(Multiple Choice)
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Weber had a great deal of faith in managers. He was confident that a firm would do well if employees simply did as they were told.
(True/False)
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________ is the term used to describe those functions that a firm can do as well or better than others. It performs these functions in-house, rather than outsourcing.
(Multiple Choice)
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The process of setting up individual functional units of the business to do specialized tasks is called
(Multiple Choice)
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Fayol's principle of esprit de corps says that employees should be divided into small groups that can be directed efficiently by a single manager.
(True/False)
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The purpose of Weber's and Fayol's principles was for the benefit of management, as opposed to pleasing customers.
(True/False)
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Fayol's ________ principle states that each worker should report to one, and only one, boss.
(Multiple Choice)
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In Weber's view of a bureaucratic organization, the organization demands
(Multiple Choice)
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In Weber's view of a bureaucratic organization, the role of top management is to
(Multiple Choice)
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At Better Neighbors Fencing, ten employees perform various aspects of the company's work. Two people are in sales; four perform installation; one purchases materials; one does billing; two perform after-sales inspections. This type of organization reflects Fayol's principle of
(Multiple Choice)
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Assigning various functions that a firm might do for itself to outside organizations is known as competitive allocation.
(True/False)
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Qiang is a project manager at Enigma Industries and is able to borrow specialists from the organization on a regular basis to assist in major projects. After the project ends, the specialists return to their functional units to await new assignments. Enigma Industries utilizes a
(Multiple Choice)
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The formal organization of a firm provides the lines of authority to follow in routine situations.
(True/False)
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A weakened corporate image is one of the disadvantages of a decentralized business organization.
(True/False)
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The design of a bureaucratic organization assumes a well-educated workforce.
(True/False)
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Angelo, a middle manager at a nonprofit, spends much of his time developing ways to implement the ideas from top management. Max Weber would have considered Angelo a bureaucrat.
(True/False)
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