IB business Management

Which term refers to the situation in organizations where decision-making is 

     predominantly made by a small group of senior managers at the top of the 

     organizational hierarchy?   

• Centralization

• Chain of command

• Bureaucracy

Herzberg is the theorist who argued that workers are motivated mainly by money.          

• True

• False

 What is the main focus of matrix structures in businesses?

• Developing individual careers for employees

• Reducing the number of managers in the organisation

• Completing specific projects with teams of individuals possessing the necessary skills

• Streamlining communication between departments

Occurs when information is shared and team members participate in decision-making. 

     Sometimes known as _____________  Leadership’.     

• Paternalistic leadership, familial

• Autocratic leadership, authoritarian

• Democratic leadership, participative

The art of inspiring and motivating other people towards achieving a common 

     organizational aim or vision.

• Leadership

• Motivation

‘Exists when a leader adjusts his or her type of leadership to best suit a particular 

    situation or task’. 

• Situational leadership 

• Laissez-faire leadership

• Autocratic leadership

• Paternalistic leadership

Employer contributions to employee pension schemes is an example of non-financial 

     rewards.

• True

• False

Performance-related pay often comes in the form of cash bonuses if an employee or  

      team meets or exceeds preagreed and predetermined targets.

• True

• False

Recognition and praise are examples of non-financial motivation.                                     

• True

• False

Herzberg is the theorist who argued that workers are motivated mainly by money.          

• True

• False