FiltersDone

Question type

Essay

Multiple Choice

Short Answer

True False

Matching

Exam 7: Entrepreneurship and Forms of Business Ownership

Show Answer

Share

---

All types

Filters

Study FlashcardsPractice ExamLearn

Question 81

True/False

Review LaterAdd Note

Review Later

Departmentalization by function allows employees an opportunity to develop their skills.

A) True
B) False

Correct Answer

verified

Show Answer

Question 82

True/False

Review LaterAdd Note

Review Later

Managerial hierarchy is often referred to as the "Chain of Command".

A) True
B) False

Correct Answer

verified

Show Answer

Question 83

Multiple Choice

Review LaterAdd Note

_________ is often referred to as the "Chain of Command".

Restructuring an organization can be in response to the launch of new products or services.

relating to organizational successes and achievement of performance benchmarks.

Individualism is one of the five key dimensions in Geert Hofstede's Cultural Dimensions Model?

Departmentalization helps develop a creative environment through a group think process.

The ________ an organization's structure,the ________ the span of control.

In firms with centralized authority,each department is treated as if it is a completely separate and independent organization.

An organization with only a few layers of management is known as a:

As a result of rapidly changing markets and global differences in consumer tastes,more firms are considering centralized authority.

Departmentalization creates an environment in which people are trained in a variety of managerial responsibilities.

Managerial hierarchy refers to the number of subordinates a manager will have reporting to him or her.

The flow of communication is fundamentally influenced by the structure,culture,and managerial approach?

Decision-Making control refers to the level of responsibility and decision-making authority which is transferred to each specific managerial position.

Compared to the decentralized management structure,which of the following is a disadvantage of the centralized management structure?

Get actively involved in the transformation process is required by the management team for a restructuring effort to be successful.

Control Systems to Manage Strategic Intent focuses on the processes and initiatives needed to support and direct the product/service transformation process within the organization,the creation of the value proposition applicable to such products/services,and the distribution,marketing,sales,and service in support of these products/services.

Which of the following is NOT required by the management team for a restructuring effort to be successful?

Technology obsolescence generally occurs when companies recognize a disconnection to their intended strategy as a result of disruptions which have occurred either internally or from the external marketplace.