Organizational structures/Corporate culture review

What is 'corporate culture'?

• thoughts and wishes of employees

• values and beliefs in a company

• organizational structure of company

• the way people think about a company

In a hierarchical structure everyone knows what they're responsible for.

• true

• false

In a matrix structure there's a clearly defined leader.

• true

• false

A 'yardstick' is...

• a measurement of success

• a measurement of opportunities

• standard by which something can be judged by

• standard by which something can be deflected

What's 'red tape'?

• red ribbons

• rules and regulations

• direction, structures

• paperwork, bureaucracy

The portion of a market controlled by a particular company or product...

• market square

• market space

• market share

• market opportunity

When you lose your job because of market forces, you are...

• made unnecessary

• made redundant

• made observant

• made unwanted

Cut-throat competition means...

• not many competitors

• foul competition

• owing the market

• fierce competition

The board of directors are the...

• top executives

• head of departments

• representatives of staff

• security guards

Line authority means...

• the type of structure in a company

• the responsibility of a project

• the power to give instructions

• the ability to make decisions