Business Management

Johann works for an organization that is broken into traditional departments, each with its own set of responsibilities and activities. What organizational structure does Johann’s company use?

• Functional

• Divisional

• Specialty

• Matrix

Jeffrey has worked as a logistics professional for several decades. After retiring, the company he left is struggling to find a suitable replacement that possesses Jeffrey’s experience and expertise. The issue this company is facing relates to

• the loss of institutional knowledge.

• global conflicts causing supply chain disruptions.

• the challenges of reverse logistics.

• increased use of automation.

A company creates a purchase agreement with its supplier that outlines the specific terms and conditions, as well as the payment and delivery terms. However, this agreement does not specify the goods and services the company is purchasing. This describes what type of purchase order?

• Standard

• Contract

• Planned

• Blanket

Which of the following is an impact that planning can have on a project:

• It increases transparency.

• It makes it easier to cut corners.

• It increases disorganization.

• It keeps stakeholders detached.

Which of the following statements about ethical behavior is true:

• It prevents all temptations to act unethically.

• It includes actions that are consistent only with society's values.

• It takes education, training, and practice to be effective.

• It leads people and organizations to negative consequences.

The DMAIC project methodology of Six Sigma involves five steps, including measure, analyze, improve, and control. What does the “D” stand for?

• Debut

• Define

• Delegate

• Document

What should you do when writing a research report?

• Avoid using visuals

• Consider societal trends while writing

• Have a clear research objective

• Discuss every discovery from research

A well-structured business

• does not include lateral relations.

• can retain high-quality employees.

• does not need a division of labor.

• likely uses a matrix structure.

How can an organization promote knowledge management?

• By limiting meetings and casual conversations

• By rewarding individual achievement

• By providing a company intranet

• By offering company benefits and perks

Online buying, also known as e-commerce, has drastically changed the logistics strategies of supply chain management.

• integration

• e-commerce

• artificial intelligence

• automation