Business Administration final exam WITH ANSWERS

Business Administration final exam WITH |\ |\ |\ |\




ANSWERS
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Organizational Structure - CORRECT ANSWERS ✔✔A firm's |\ |\ |\ |\ |\ |\



share values, beliefs, traditions, philosophies, rules, and
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role models for behavior.
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Delegation of Authority - CORRECT ANSWERS ✔✔Giving
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employees not only tasks, but also the power to make
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commitments, use resources, and take whatever actions |\ |\ |\ |\ |\ |\ |\



are necessary to carry out those tasks.
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Responsibility - CORRECT ANSWERS ✔✔The obligation, |\ |\ |\ |\ |\ |\



placed on employees through delegation, to perform
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assigned tasks satisfactorily and be held accountable for
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the proper execution of work.
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Accountability - CORRECT ANSWERS ✔✔The principle that |\ |\ |\ |\ |\ |\



employees who accept an assignment and the authority
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to carry it out are answerable to a superior for the
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outcome.


Centralized Organization - CORRECT ANSWERS ✔✔A |\ |\ |\ |\ |\ |\



structure in which authority is concentrated at the top,
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,and very little decision-making authority is delegated to
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lower levels. |\




Decentralized Organization - CORRECT ANSWERS ✔✔An |\ |\ |\ |\ |\ |\



organization in which decision-making authority is |\ |\ |\ |\ |\ |\



delegated as far down the chain of command as possible
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Span of Management - CORRECT ANSWERS ✔✔The
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number of subordinates who report to a particular
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manager.


Organizational layers - CORRECT ANSWERS ✔✔The levels |\ |\ |\ |\ |\ |\ |\



of management in an organization.
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Line Structure - CORRECT ANSWERS ✔✔The simplest
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organization structure, in which direct lines of authority
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extend from the top manager to the lowest level of the
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organization.


Line-and-staff Structure - CORRECT ANSWERS ✔✔A |\ |\ |\ |\ |\ |\



structure having a traditional line relationship between
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superiors and subordinates and also specialized
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managers, called staff managers, who are available to
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assist line managers.
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, Group - CORRECT ANSWERS ✔✔Two or more individuals
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who communicate with one another, share a common
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identity, and have a common goal. |\ |\ |\ |\ |\




Team - CORRECT ANSWERS ✔✔A small group whose
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members have complimentary skills; have a common
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purpose, goals, and approach; and gold themselves
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mutually accountable. |\




Committee - CORRECT ANSWERS ✔✔A permanent, formal |\ |\ |\ |\ |\ |\



group that performs a specific task.
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Task Force - CORRECT ANSWERS ✔✔A temporary group of
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employees responsible for bringing about a particular
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change.


Project Teams - CORRECT ANSWERS ✔✔Groups similar to
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task forces that normal run their operation and have total
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control of a specific work project.
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Grapevine - CORRECT ANSWERS ✔✔An informal channel |\ |\ |\ |\ |\ |\ |\



of communication, separate from management's formal,
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official communication channels.
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