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Corporate strategy and structure

Total questions: 11

Worksheet time: 7mins

Name
Class
Date
1.

........................... managers implement plans developed higher up in the hierarchy.

a)

first-line

b)

key account

c)

cross-funcional team

d)

COO

2.

A matrix structure brings together people from different parts of the organization to work as cross-functional teams.

a)

true

b)

false

3.

Senior management's vision for the company is called mission (a)  

4.

How a product gets from the manufacturer to the end-user is called : distribution (a)  

5.

A business unit that spends money but does not generate revenue is called:

a)

facility

b)

shareholder value

c)

core business

d)

cost centre

6.

when everyone who wants the product already has it :

a)

market research

b)

over-reliance

c)

market saturation

d)

workflow

7.

Overhead costs are indirect costs i.e. the costs of something that are not directly involved in making a particular product or providing a particular service

a)

true

b)

false

c)

it depends

8.

workflow=production costs

a)

true

b)

false

9.

state-of-the-art = customised/personalized

a)

true

b)

false

10.

A word for limits imposed on the quantity of goods that can be imported is:

a)

quota

b)

value-for-money

c)

tariff

d)

overhead

11.

the ordinary people in a society or an organization, especially a political party:

a)

key accounts

b)

grassroots

c)

first-line managers

d)

the board