100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Management Chapter 5, 6 Questions with 100% Actual correct answers | verified | latest update | Graded A+ | Already Passed | Complete Solution £6.52   Add to cart

Exam (elaborations)

Management Chapter 5, 6 Questions with 100% Actual correct answers | verified | latest update | Graded A+ | Already Passed | Complete Solution

 6 views  0 purchase

Management Chapter 5, 6 Questions with 100% Actual correct answers | verified | latest update | Graded A+ | Already Passed | Complete Solution

Preview 2 out of 5  pages

  • June 17, 2024
  • 5
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers
All documents for this subject (395)
avatar-seller
Hkane
Management Chapter 5, 6
authority - correct answer-the rights inherent in a managerial position to give orders and
expect the orders to be obeyed

benchmarking - correct answer-the search for the best practices among competitors or non
competitors that lead to their superior performance

boundary-less organization - correct answer-an organization whose design is not defended
by, or limited to, boundaries imposed by a predefined structure

capabilities - correct answer-an organizations's skills and abilities in doing the work activities
needed in its business

centralization - correct answer-the degree to which decision making takes place at upper
levels of the organization

chain of command - correct answer-the line of authority extending from upper organizational
levels to lower levels, which clarifies who reports to whom

commitment concept - correct answer-the idea that plans should extend far beyond enough
to meet those commitments when the plans were developed

competitive advantage - correct answer-what sets an organization apart, its distinctive edge

competitive intelligence - correct answer-a type of environmental scanning that gives
managers accurate information about competitors

competitive strategy - correct answer-an organizational strategy for how an organization will
compete in its businesses

compressed workweek - correct answer-a workweek wehre employees work longer hours
per pay but fewer days per week

contingent workers - correct answer-temporary, freelance, or contract workers whose
employment is contingent upon demand for their services

core competencies - correct answer-the major value-creating of an organization

corporate strategy - correct answer-an organizational strategy that specifies what
businesses a company is in or wants to be in and what it wants to do with those businesses

cost leadership strategy - correct answer-when an organization competes on the basis of
having the lowest costs in its industry

, cross-functional teams - correct answer-teams made up of individuals from various
departments and that cross traditional departmental lines

customer departmentalization - correct answer-grouping activities by customer

decentralization - correct answer-the degree to which lower-level managers provide input of
actually make decisions

departmentalization - correct answer-how jobs are grouped together

differentiation strategy - correct answer-when an organization competes on the basis of
having unique products that are widely valued by customers

directional plans - correct answer-plans that are flexible and set general guidelines

divisional structure - correct answer-an organizational structure made up of separate
business units or divisions

environmental scanning - correct answer-an analysis of the external environment, which
involves screening large amounts of information to detect emerging trends

flextime - correct answer-a work scheduling system in which employees are required to work
a specific number of hours per week but can vary when they work those hours within certain
limits

focus strategy - correct answer-when an organization competes in a narrow segment or
niche with either a cost focus or a differentiation focus

formal planning department - correct answer-a group of planning specialists whole sole
responsibility is to help write the various organizational plans `

formalization - correct answer-how standardized an organization's jobs are and the extent to
which employee behavior is guided by rules and procedures

functional departmentalization - correct answer-grouping activities by functions performed

functional strategy - correct answer-strategy used in an organization's various functional
departments to support the competitive strategy

functional structure - correct answer-an organizational design that groups similar or related
occupational specialties together

geographic departmentalization - correct answer-grouping activities on the basis of
geography or territory

goals - correct answer-desired outcomes

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

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

Quick and easy check-out

You can quickly pay through credit card for the summaries. There is no membership needed.

Focus on what matters

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 Hkane. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for £6.52. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

75632 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy revision notes and other study material for 14 years now

Start selling
£6.52
  • (0)
  Add to cart