Managing Without Managers Quiz

What is the primary focus of Semco's management style?

• Centralization

• Hierarchy

• Democracy

• Paternalism

How many employees does Semco have?

• 2000

• 800

• 100

• 1500

What percentage of after-tax profit is distributed in Semco's profit-sharing program?

• 20%

• 23%

• 30%

• 10%

What was Semco's profit margin in 1988?

• 5%

• 20%

• 10%

• 15%

Which of the following companies is NOT mentioned as a customer of Semco?

• General Motors

• Alcoa

• Ford

• Saab

What is the term used for Semco's top five managers?

• Directors

• Partners

• Supervisors

• Counselors

What significant change did Semco implement regarding employee working hours?

• Mandatory overtime

• No working hours

• Fixed schedules

• Self-set hours

What is one of the four big obstacles to effective participatory management mentioned?

• Profit

• Innovation

• Size

• Technology

What organizational structure does Semco use instead of a pyramid?

• Triangle

• Rectangle

• Circle

• Square

What is the primary reason for Semco's success according to Ricardo Semler?

• Hard work

• Good luck

• Management changes

• Employee involvement