Exam (elaborations)
BUSI 3004 Week 5 Quiz GRADED A+ WITH SOLUTIONS
- Course
- Institution
- Book
BUSI 3004 Week 5 Quiz GRADED A+ WITH SOLUTIONS
[Show more]
Connected book
Book Title:
Author(s):
- Edition:
- ISBN:
- Edition:
Seller
Follow
knoowy96
Content preview
BUSI 3004 Week 5 Quiz GRADED A+ WITH SOLUTIONSWhich of the following statements are true about an organization chart? (Choose
every correct answer.) - ANSWER: An organization chart provides a picture of the
reporting structure of a company.
An organization chart depicts the arrangement of positions in a company.
An organization chart depicts the level of authority and responsibility assigned to the
positions in a company.
Orangell Services seeks to maximize internal efficiencies while emphasizing rigid
organizational rules. It is using a(n) ______ structure. - ANSWER: mechanistic
Flexibility is the main characteristic of an organization with a(n) ______ structure. -
ANSWER: organic
Within the structure of an organization, differentiation is achieved through ______. -
ANSWER: division of labor and job specialization
The degree to which different organizational units work together and coordinate
their efforts is called ______. - ANSWER: integration
The various jobs and reporting relationships between people in a firm are typically
shown by means of a(n) chart. (Enter one word in the blank.) - ANSWER:
organization
Which type of organization seeks to maximize internal efficiency? - ANSWER:
Mechanistic organization
The legitimate right to make decisions and to tell other people what to do is called
______ - ANSWER: Authority
When a company decentralizes its decision making and allows employees to rely
more heavily on judgment than on rules, the company is using a(n) ______ structure.
- ANSWER: organic
In private business enterprises, the ______ has ultimate authority in the
organization. - ANSWER: owner
When an organization relies on division of labor and job specialization, it has a high
degree of ______. - ANSWER: differentiation
The procedures that link the various parts of an organization for the purpose of
achieving the organization's overall mission are called ______. - ANSWER:
coordination
Large corporations have boards of directors that are elected by ______. - ANSWER:
stockholders
,Which of the following are elements of a traditional organization chart? (Choose
every correct answer.) - ANSWER: Boxes depict different work.
Horizontal layers depict levels of management.
Solid lines depict the superior to subordinate reporting relationships.
The ______ is personally accountable to the owners and the board of directors for
the performance of the organization. - ANSWER: CEO
Which of the following are true of authority? (Choose every correct answer.) -
ANSWER: It includes the right to make decisions.
It includes the right to tell people what to do.
Which of the following are typically included in the top management team? -
ANSWER: Chief Financial Officer
Chief Executive Officer
President
Jane owns Larry's Barbecue. She hired someone to make administrative and
personnel decisions for the business who reports directly to her. This new manager
has ______ to act in the owner's stead. - ANSWER: authority
Most executives today believe that fewer hierarchical layers result in a ______
organization. - ANSWER: more efficient
What is a company's board of directors responsible for? (Choose every correct
answer.) - ANSWER: Reviewing financial performance
Determining the firm's strategic direction
Mary has five employees who report directly to her. This number of employees is
known as her ______. - ANSWER: span of control
The CEO's power is derived from the ______. - ANSWER: board of directors
Narrow spans of control build ______ organizations. - ANSWER: tall
The role of top management teams is to meet regularly with the ______ and to assist
in making decisions. - ANSWER: CEO
In an organization, delegation refers to ______ authority and responsibility to
______. - ANSWER: assigning; a subordinate at a lower level
Which of the following are circumstances when fewer organizational layers are
believed to work best? (Choose every correct answer.) - ANSWER: Innovation is the
core focus.
The environment is changing rapidly.
There is a strong sense of organizational purpose.
, ______ is having the power and right to make decisions and to do whatever is
necessary to fulfill the responsibility. - ANSWER: Authority
The number of people who report directly to a supervisor is called the of control. -
ANSWER: span
Which of the following is NOT appropriate when delegating? - ANSWER: Using
delegation to pass managerial responsibility to subordinates.
A common pattern in a hierarchy is for people to have more ______ than ______. -
ANSWER: responsibility; authority
Which of the following are typically included in the top management team? (Choose
every correct answer.) - ANSWER: Chief Executive Officer
President
Chief Financial Officer
True or false: Accountability refers to the act of assigning tasks to a subordinate. -
ANSWER: false
______ refers to assigning job responsibilities to a subordinate. - ANSWER:
Delegation
Effective delegation provides subordinates opportunities for which of the following?
(Choose every correct answer.) - ANSWER: On-the-job-training
Potential promotion
Increased innovation
______ is the right to expect subordinates to perform their jobs and, the right to
take corrective action if they fail to complete those jobs. - ANSWER: Accountability
When a manager assigns an employee a new task, the employee then has ______ for
that task. - ANSWER: accountability
Which of the following is a recommendation for delegating assignments more
effectively? - ANSWER: The manager and subordinate need to communicate about
the assignment throughout the delegation process.
______ means that the person has the power and the right to make decisions, give
orders, draw on resources, and do whatever else is necessary to fulfill a
responsibility. - ANSWER: Authority
The expectation that employees perform a job, take corrective action when
necessary, and report upward on the status and quality of their performance refers
to ______. - ANSWER: accountability
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller knoowy96. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $17.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
75057 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now