Description : An organizational design with low departmentalization, wide spans of control, authority centralized in a single person and little formalization are characteristics of ________. (a) Simple structure ; (b) Functional structure ; (c) Divisional structure ; (d) None of given option
Last Answer : (a) Simple structure ;
Description : The matrix structure combines which two forms of departmentalization? (a) Simple And functional ; (b) Functional and product ; (c) Virtual and team ; (d) Product and organic
Last Answer : b
Description : A manufacturing company has divided its departments into pattern making, fabric cutting, and fabric coloring. What type of departmentalization is this? (a) Geography Departmentalization ; (b) Process Departmentalization (c) Matrix/Project Departmentalization ; (d) Function Departmentalization
Last Answer : (b) Process Departmentalization
Description : Which of the following is characterized by wide spans of control, little formalization, a low degree of departmentalization, and authority centralized in a single person…………… (a) Bureaucracy ; (b) Simple structure ; (c) Matrix organization ; (d) Mechanistic structure
Last Answer : (b) Simple structure ;
Description : Which type of departmentalization achieves economies of scale by placing people with common skills and orientations into common units? (a) Geographic ; (b) Product ; (c) Process ; (d) Functional
Last Answer : (d) Functional
Description : Strategy Formulation, Implementation and Evaluation activities occur at three hierarchical levels in a large diversified Organization: Corporate, Divisional and Functional
Last Answer : True
Description : Which of the following departmentalization can be considered necessary in an organization where the Company‟s products fall into several categories with very different production methods for each category? (a) Customer ; (b) Production ; (c) Process ; (d) Matrix
Last Answer : (c) Process ;
Description : When jobs are grouped together based on a particular type of customer, this is known as….. (a) Job structuring ; (b) Formalization ; (c) Centralization ; (d) Departmentalization
Last Answer : (d) Departmentalization
Description : What kind of organizational structure combines a vertical chain of command with horizontal reporting requirements? (a) Line authority ; (b) Matrix ; (c) Functional ; (d) Line-and-staff
Last Answer : (b) Matrix ;
Description : Functional benchmarking involves: a) benchmarking your competitors. b) benchmarking global competitors in your industry. c) benchmarking organizations with regards to specific business activities ... d) benchmarking other multinational firms with similar corporate strategies or similar customers
Last Answer : benchmarking organizations with regards to specific business activities or processes
Description : Sun Petroleum Products departmentalizes by fuels, lubricants, and waxes and chemicals. This is an example of departmentalization by……….. (a) Product ; (b) Functions ; (c) Job design ; (d) Customer
Last Answer : (a) Product ;
Description : Which of the following is typically NOT seen as being associated with strategic decision ? A. The Organization's long term direction B. The detailed planning of a Department's work over the ... and expectations of powerful players in the Organization D. The scope of the Organization's activities
Last Answer : The detailed planning of a Department’s work over the next month
Description : Which of the following is the most common type of departmentalization? (a) Customer/Market Departmentalization ; (b) Function Departmentalization (c) Geography Departmentalization ; (c) Process Departmentalization
Last Answer : (b) Function Departmentalization
Description : Which of the following structures is characterized by centralization, high formalization, extensive departmentalization, and a limited information network? (a) Technology model ; (b) Mechanistic model ; (c) Job satisfaction model ; (d) Organic model
Last Answer : (b) Mechanistic model ;
Description : Which of the following trends is gaining momentum? (a) Using less departmentalization (b) Geographical departmentalization (c) Using only one type of departmentalization (d) Using more customer departmentalization
Last Answer : (d) Using more customer departmentalization
Description : All of the following are stated advantages of a divisional structure except a. it allows local control of local situations. b. it leads to a competitive climate within a firm. c. accountability is clear. d. it promotes specialization of labor
Last Answer : it promotes specialization of labor
Description : Which of the following is a strength of the divisional structure? (a) It focuses on results ; (b) It gains advantages due to work specialization (c) Employees have more than one boss ; (d) It is based solely on teams
Last Answer : (a) It focuses on results ;
Description : Which one of the following views on conflict dominates in most actual groups and organizations? (a) human relations ; (b) interactionist ; (c) traditional ; (d) functional
Last Answer : (c) traditional ;
Description : Which of the following are typically seen as being associated with strategic decisions? Select one: a. HR and Technology strategies b. The detailed planning of a department's work over the ... The organization's long-term direction d. values and expectations of powerful actors in the organization
Last Answer : The organization’s long-term direction
Description : Service departments costs should be allocated to: (a) Only Service departments (b) Only Production departments (c) Both Production and service departments (d) None of the production and service departments
Last Answer : (c) Both Production and service departments
Description : Which of the following describes an ERP system? A. ERP systems provide a foundation for collaboration between departments B. ERP systems enable people in different business areas to communicate C. ERP ... used to make the decisions that drive the organisation's performance D. All of the above
Last Answer : D. All of the above
Description : An organization that seeks to eliminate the chain of command, have limitless spans of control, and replace departments with empowered teams is called a/an……….. (a) Cooperative organization ; (b) Virtual organization ; (c) Boundaryless organization (d) Modular organization
Last Answer : (c) Boundaryless organization
Description : What are the advantages of the functional structure? a) It enhances communication between top and low level managers. b) It makes communication easy among people from different functions. c) It ... easy among people from the same specialists. d) It enhances team spirit throughout the organization.
Last Answer : It makes communication easy among people from the same specialists
Description : Which of the following is/are advantage(s) of a functional structure? I. Permits growth and diversity of products and services. II. Power and prestige. III. Clarity about career paths. IV. Furnishes measurable training ground ... (c) Both (II) and (III) above ; (d) (I), (II) and (III) above
Last Answer : (c) Both (II) and (III) above ;
Description : Which of the following problems is most likely to occur in a matrix structure? (a) Decreased employee motivation ; (b) Employees receiving conflicting directives (c) Decreased response to environmental change ; (d) Decreased coordination
Last Answer : (b) Employees receiving conflicting directives
Description : In the context of strategic management, stakeholders can be defined as: a) An individual or group with a financial stake in the organization b) An external individual or group that is able to ... individual or group with an interest in the organization's activities and who seeks to influence them
Last Answer : An individual or group with an interest in the organization's activities and who seeks to influence them
Description : Which of these statements apply to Strategic Groups. A. Organizations within an industry following similar strategies or competing on similar bases. B. Examples, in grocery retailing are supermarkets ... the similarities and differences in bases of segmentation D. All of these options apply
Last Answer : All of these options apply
Description : Which of these statements apply to Strategic Groups. A. Organizations within an industry following similar strategies or competing on similar bases. B. Examples, in grocery retailing are supermarkets, ... the similarities and differences in bases of segmentation D. All of these options apply.
Last Answer : All of these options apply.
Description : ……………………………..Groups have members who have similar presenting problems or are similar in gender, ethnicity, or social backgroun(d) (a) Heterogeneous ; (b) Ideal ; (c) Dynamic ; (d) Homogeneous
Last Answer : (d) Homogeneous
Description : The members of a venture team come from ? 1. the marketing department 2. the research and development department 3. the production and finance departments 4. different functional areas of an organization 5. none of these
Last Answer : different functional areas of an organization
Description : Projects of complex organizations usually require input from several functional departments, which creates A. Overlapping B. Shared Responsibility C. Both A and B
Last Answer : Both A and B
Description : When complex organizations conduct projects, projects usually require input from several A. Functional departments B. Marketing departments C. Senior management D. Management department
Last Answer : Functional departments
Description : The members of a venture team come from: A)the marketing department B)the research and development department C)the production and finance departments D)different functional areas of an organisation
Last Answer : D)different functional areas of an organisation
Description : In a multi-divisional Firm , Objectives should be established for the overall Company and not for each Division
Last Answer : False
Description : Matrices like BCG Growth Share & GE Mckinsey Business Portfolio are use to evaluate___________________? A. Business Level Strategy B. Product Level Strategy C. Corporate Level Strategy D. Functional Level Strategy
Last Answer : Corporate Level Strategy
Description : The ideal strategic management team DOES NOT includes…. A. Chief executive officer (CEO) B. Product managers C. Heads of functional areas D. Shop-floor managers
Last Answer : Shop-floor managers
Description : The BCG Matrix essentially supports: A. Product specialisation B. A balanced portfolio of products. C. process specialisation D. A concentration on question marks
Last Answer : A balanced portfolio of products.
Description : The BCG Matrix essentially supports: A. Product specialization B. A balanced portfolio of products. C. process specialization D. A concentration on question marks
Description : What is an organization structure in which each employee reports to both a functional (or division) manager and to a project (or group) manager, known as ? (A) Strategic business unit (B) Departmentation by customer (C) Matrix structure (D) Departmentation by territory
Last Answer : Answer: Matrix structure
Description : Shauna has recently been appointed as a project manager for Project SkyNorth, which is regarded as an important project in her organization. During the project planning meeting, ... b. Matrix organization c. Functional organization d. Projectized organization e. Hierarchical organization
Last Answer : d. Projectized organization
Description : A significant weakness of the multi-domestic arrangement is: a) dual reporting system. b) duplication of activities. c) cumbersome structure. d) does not respond to local needs
Last Answer : duplication of activities
Description : To facilitate communication, marketing managers should A)emphasise the firm's marketing objectives. B)establish an information system within the marketing unit. C)form an open-communication group within the marketing unit. D)integrate marketing activities with other departments.
Last Answer : B)establish an information system within the marketing unit.
Description : Which of the following statements is a wrong statement under Value Chains ? A. Technology development is a support activity B. Marketing & Sales is a support activity C. Operations are ... Inputs into Final Product or Service D. Procurement is a support activity which deals with Vendors
Last Answer : Marketing & Sales is a support activity
Description : In which situation the divisional structure happens to be appropriate? a. Where the number of major products is more than one b. Where the size of the organization is quite large c. Both (a) and (b) d. Where primarily only one product is sold
Last Answer : c. Both (a) and (b)
Description : In process costing, a joint product is (a) a product which is later divided into many parts (b) a product which is produced simultaneously with other products and is of similar value to ... simultaneously with other products but which is of a greater value than any of the other products.
Last Answer : (b) a product which is produced simultaneously with other products and is of similar value to at least one of the other products.
Description : Global economies of scale arise when: a) a product or a process can be globally performed using cheap labour. b) a product or a process can be performed more cheaply thanks to alliances ... a process can be performed more cheaply thanks to globally performed cross-business cost-saving activities.
Last Answer : a product or a process can be performed more cheaply at greater volume than at lesser volume.
Description : One of the most popular ways to group activities is by……….. (a) Product ; (b) Function ; (c) Process ; (d) Geography
Last Answer : (b) Function ;
Description : Developing a vision and mission, identifying an organization's external opportunities and threats, and determining internal strengths and weaknesses are all __________ activities. a. strategy-formulation b. strategy-implementation c. long-range planning d. short-range planning
Last Answer : strategy-formulation
Description : Challenging goals usually lead to __________ performance from individuals and groups. (a) Higher ; (b) Lower ; (c) Excellent ; (d) None of the Above
Last Answer : (a) Higher ;