Business

When Ford or any other automotive company sets up a matrix structure t

QUESTION When Ford or any other automotive company sets up a matrix structure to develop a certain kind of car, what kind of team is the company most likely pulling together? A) an action team B) a production team C) a project team D) an advice team E) a cross-functional self-managed team   ANSWER Answer: […]

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Date: September 3rd, 2020

Which of the following is a benefit of using a matrix structure? A) I

QUESTION Which of the following is a benefit of using a matrix structure? A) It is easy to use. B) It often represents long-term solutions. C) It can lead to innovative solutions in product development. D) The chain of command is simple. E) It allows for close managerial supervision.   ANSWER Answer: C Explanation: C) […]

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Date: September 3rd, 2020

What is a “story” in the business sense? What will be an ideal respon

QUESTION What is a “story” in the business sense? What will be an ideal response?   ANSWER Answer: A story is an oral history about the firm’s achievements. It is a narrative based on true events that is repeated—and sometimes embellished upon—to emphasize a particular value. Explanation: A story is an oral history about the […]

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Date: September 3rd, 2020

Which organizational structure is likely to have the most decentralize

QUESTION Which organizational structure is likely to have the most decentralized authority? A) divisional structure: geographic divisions B) divisional structure: customer divisions C) functional structure D) matrix structure E) hybrid structure   ANSWER Answer: D Explanation: D) The smaller the firm, the fewer layers of hierarchy there likely are. As companies increase in personnel size, […]

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Date: September 3rd, 2020

Which of the following is a drawback of using a matrix structure? A)

QUESTION Which of the following is a drawback of using a matrix structure? A) Project members may have communication problems. B) It limits flexibility for managers. C) It leads to inefficient use of resources. D) Specialists work only with other specialists. E) It encourages employees to think alike.   ANSWER Answer: A Explanation: A) A […]

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Date: September 3rd, 2020

One step for implementing positive change in an organization is to ove

QUESTION One step for implementing positive change in an organization is to overcome employee resistance and empower and reward employees to achieve progress. How does this philosophy relate to a company’s rites and rituals? What will be an ideal response?   ANSWER Answer: The periodic rewards given for tasks accomplished involve rites and rituals, such […]

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Date: September 3rd, 2020

Which type of team is set up to deal with tasks requiring high coordin

QUESTION Which type of team is set up to deal with tasks requiring high coordination among trained specialists, such as cockpit crews and hospital surgery teams? A) project team B) action team C) advice team D) production team E) cross-functional self-managed team   ANSWER Answer: B Explanation: B) Action teams work on tasks that require […]

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Date: September 3rd, 2020

What is the difference between a tall organization and a flat organiza

QUESTION What is the difference between a tall organization and a flat organization? What will be an ideal response?   ANSWER Answer: A tall organization has many hierarchical levels with narrow spans of control; that is, there are many levels in which a limited number of people are reporting to one manager. A flat organization […]

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Date: September 3rd, 2020