Corporate restructuring seeks to improve efficiency and performance through such actions as realigning divisions in the firm, reducing the amount of cash under the discretion of senior executives, and acquiring or divesting business units. correct answers True
This is the definition of the term co...
MBA 705 Chapter 10 || with Complete Solutions.
Corporate restructuring seeks to improve efficiency and performance through such actions as
realigning divisions in the firm, reducing the amount of cash under the discretion of senior
executives, and acquiring or divesting business units. correct answers True
This is the definition of the term corporate restructuring.
A flat organization is composed of many hierarchical levels and narrow spans of control correct
answers False
A tall organization is composed of many hierarchical levels and narrow spans of control.
Horizontal structures have fewer managerial levels than vertical structures. correct answers True
This is the definition of the term horizontal structures.
In general, a functional structure tends to be most appropriate for differentiatedbusinesses.
correct answers False
In general, a functional structure tends to be most appropriate for defenders and low-cost
businesses.
Corporate restructuring can be voluntary or involuntary. correct answers True
Progressive firms restructure voluntarily when it becomes clear that a change is necessary,
ideally before performance declines are substantial. However, firms that do not manage for value
may eventually be forced by outsiders to restructure involuntarily, a process that is usually more
costly.
Progressive firms restructure only when firm performance declines. correct answers False
Progressive firms restructure when it becomes clear that a change is necessary—ideally before
performance declines.
The formal means by which work is coordinated in an organization is called the_______. correct
answers A. organizational structure
The organizational structure is the formal means by which work is coordinated in an
organization.
An increase in the breadth of an organization's structure is known as_______. correct answers C.
horizontal growth
Horizontal growth refers to an increase in the breadth of an organization's structure
Which of the following structures tends to be the most centralized correct answers Functional
Structure
The functional structure is usually the most centralized whereas the matrix structure is usually
the most decentralized.
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