Exam 7: Management, Leadership, and the Internal Organization

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What is the last step in the organizing process?

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Which of the following forms of organizations is common in midsize and large firms?

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Bay Corp. has established a discount schedule for large-volume clients. This _____ will allow managers to devote more time to complex issues.

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Organizations make nonprogrammed decisions in advance by developing rules, policies, and procedures.

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In a committee organization, the ultimate responsibility is still held by one individual.

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MATCHING Complete the following using the terms listed. -The _____, or product management design, links employees from different parts of an organization to work together on specific projects.

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Middle managers develop detailed plans and procedures to implement the firm's strategic plans.

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How does strategic planning differ from tactical planning? Give an example of each type of planning.

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When an organization develops and launches a new product, it is making a programmed decision.

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Kiki strongly believes that freshmen need credit counseling, so she begins a not-for-profit organization devoted to this need. Which of the following is depicted in this scenario?

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Corporate cultures remain constant throughout the course of a company's existence.

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MATCHING Complete the following using the terms listed. -_____ is the process of achieving organizational objectives through people and other resources.

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An advertising agency creates departments for creative personnel, media buyers, and account executives. This is an example of _____ departmentalization.

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As a firm grows, its organizational structure will often become more complex.

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The principles of management apply to both not-for-profit organizations as well as profit-seeking firms.

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MATCHING Complete the following using the terms listed. -Determining the unique combination of a company's abilities and approaches is called _____.

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A(n) _____ can help clarify the structure of a firm.

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Which of the following decisions is NOT directly the result of a company's strategic planning?

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Experts agree that the free-reign leadership style is the best.

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In a line organization, the chain of command is complex.

(True/False)
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