Chapter 7 Bussiness

Which of the following describes a temporary networked organization made up of replaceable firms that join and leave as needed? 

• Hierarchical structure
• Virtual organization
• Static organization
• Collaborative network

The process of setting up individual functional units of the business to do specialized tasks is called: 

• Task Allocation
• Departmentalization
• Team Coordination
• Resource Management

Which of the following describes the redesigning of an organization so that it can more effectively and efficiently serve its customers? 

• Organizational optimization
• Customer engagement strategy
• Business process improvement
• restructuring

Organizing a business begins with: 

• Choosing a business name
• Selecting a marketing strategy
• Hiring employees immediately
• determining the work to be done.

The optimum number of subordinates a manager can supervise is referred to as the: 

• chain of command
• hierarchical structure
• management layer
• span of control

Which of the following statements explains the unity of command principle of management? 

• Employees should choose their own managers based on preference.
• Workers can become frustrated and confused if they have more than one boss.

• A manager should oversee all employees in the organization.
• An employee can report to multiple managers simultaneously.

In Weber's view of a bureaucratic organization, the role of top management is to: 

• delegating all responsibilities to lower management
• focusing solely on financial performance
• eliminating all rules to encourage creativity
• Make Decisions

__________ refer to those functions that an organization does as well as, or better than, any other organization in the world. 

• Core competencies
• Business strategies
• Operational efficiencies
• Core activities

Companies benefit today from interfirm cooperation. One of the ways they cooperate is through networking. Another way is by seeking technological knowledge and learning new processes from exemplary firms sometimes outside their own industries. We call this: 

• market analysis
• strategic planning
• benchmarking
• resource allocation

The line of authority that moves from the top of a hierarchy to the lowest level is called the: 

• chain of command
• command hierarchy
• organizational structure
• line of succession