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The _______ is an adaptation of the divisional structure whereby various divisions or parts of divisions are grouped together based on some common strategic elements,usually linked to distinct product/market differences.


A) Strategic business unit
B) Functional organizational structure
C) Holding company
D) Ambidextrous organization

Correct Answer

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A(n) ________ is one that identifies a set of business capabilities central to high-profitability operations and then builds a virtual organization around those capabilities.


A) Modular organization
B) Agile organization
C) Virtual structure
D) Ambidextrous organization

Correct Answer

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The divisions in a _______ operate autonomously.


A) Simple organization
B) Holding company
C) Strategic business unit
D) Matrix organization

Correct Answer

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Simple structures encourage employees to:


A) Limit the scope of their work
B) Specialize in one discipline
C) Take significant risks
D) Multitask

Correct Answer

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Team members in a product-team structure are:


A) Assigned on a temporary basis
B) Assigned to very broad tasks within a division
C) Assigned on a permanent basis
D) Managed increasingly compared to a matrix structure

Correct Answer

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Specialization among workers is most used in a:


A) Matrix organizational structure
B) Simple organizational structure
C) Product-team structure
D) Functional organizational design

Correct Answer

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The team in a product-team structure is usually created at _______ and they stay with it indefinitely if it becomes a viable business.


A) Financing stage of a new product idea
B) The marketing stage of a new-product idea
C) The inception of the new-product idea
D) The distribution stage of a new-product idea

Correct Answer

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The structure of a simple organization:


A) Limits the owner's(s') control
B) Maximizes the owner's(s') control
C) Minimizes the owner's(s') control
D) Slightly increases the owner's(s') control

Correct Answer

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The ______ is where the corporate entity is a broad collection of often unrelated businesses and divisions such that it acts as financial overseer having the ownership interest in various parts of the company but has little direct managerial involvement.


A) Matrix organizational structure
B) Product-team structure
C) Holding company
D) Strategic business unit

Correct Answer

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Once a business grows from a simple structure,it usually leads to the need for a:


A) Product-team structure
B) Divisional structure
C) Functional organizational structure
D) Matrix organizational structure

Correct Answer

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Twenty-first-century corporations reflect:


A) Interdependency
B) Top-down approach
C) Structured interaction
D) Internal focus

Correct Answer

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Manufacturers often organize sales into divisions based on:


A) Differences in the product's level of innovation
B) Differences in distribution channels
C) Differences in geographic appeal
D) Differences in financial needs

Correct Answer

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________ exist between different departments or functions in a firm.


A) Vertical boundaries
B) External interface boundaries
C) Horizontal boundaries
D) Geographic boundaries

Correct Answer

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__________ such as project teams or planning committees is frequently used in functionally organized firms to enhance coordination and to facilitate understanding across functional areas.


A) Integrating devices
B) Comprehensive mechanisms
C) Strategic tactics
D) Cost control methods

Correct Answer

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In the twentieth century,successful organizations required:


A) External focus
B) Flexible interaction
C) Bottom-up approach
D) Self-sufficiency

Correct Answer

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When a firm diversifies,top management may be:


A) Eliminated altogether
B) Burdened with too many tasks,including running the day-to-day business
C) Excluded from strategic decision making
D) Confronted with excessive coordination demands

Correct Answer

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_______ is the most rapidly growing segment of the outsourcing services industry worldwide.


A) Business process reorganization
B) Business process reengineering
C) Business process outsourcing
D) Business leasing

Correct Answer

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A divisional structure allows corporate management to ________ for the strategic management of distinct business entities.


A) Delegate responsibility
B) Delegate authority
C) Increase the number of managers
D) Be eliminated

Correct Answer

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Management icon Jack Welch coined the term _________ to characterize his vision of what he wanted GE to become.


A) Strategy-centric
B) Boundary less organization
C) Ambidextrous
D) Learning organization

Correct Answer

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_______ means removing human minds and hands from an organization's most routine tasks and replacing them with computers and networks.


A) Using the Internet
B) Outsourcing
C) Digitization
D) Coordination

Correct Answer

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