MBA 705 - Test 4 UPDATED ACTUAL Questions And Correct Answers
C
Terms in this set (83)
brand manager the project manager in P&G's version of the matrix structure
centralization an organizational decision-making approach with most strategic and operating
decisions made by managers at the top of the organization structure (at
corporate headquarters)
corporate restructuring a change in the organization's structure to improve efficiency and firm
perfromance, including such activities as realigning divisions in the firm, reducing
the amount of cash under the discretion of senior executives, and aquiring or
divesting business units
decentralization an organizational decision-making approach with most strategic and operating
decisions made by managers at the business unit level
downsizing a means of organizational restructuring that eliminates part or all of one or more
heirarchial levels from the organization and pushes decision-making downward in
the organization
flat organization an organization characterized by relatively few hierarchial levels and a wide span
of control
functional structure a form of organizational structure whereby each subunit of the organization
engages in firm-wide activities related to a aprticular function, such as marketing,
HR, finance, or production
geographic divisional structure a form of organizational structure in which jobs and activiites are grouped on the
basis of geographic location - for example, northeast region, midwest region, and
far west region
horizontal growth an increase in the breadth of an organization's structure
horizontal structure an organizational structure with fewer hierarchies designed to improve efficiency
by reducing layers in the bureaucracy
matrix structure a form of organizational structure that combines the functional and product
divisional structure
multidivisional structure a structural form with two or more divisions based on products (a product
divisional structure) or geography (a geographical divisional structure); also
called an M-form
organizational structure the formal means by which work is coordinated in an organization
, product divisional structure a form of organizational structure whereby the organization's activities are divided
into self-contained entities, each responsible for producing, distributing, and
selling its own products
profit center a well-defined organizational unit headed by a manager accountable for its
revenues and expenditures
simple structure an organizational form whereby each employee often perfroms multiple tasks,
and the owner/manager is involved in all aspects of the business
span of control the number of employees reporting directly to a given manager
tall organization an organization characterized by many hierarchial levels and a narrow span of
control
vertical growth an increase in the length of the organization's hierarchical chain of command
Corporate restructuring seeks to improve efficiency and True
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
A flat organization is composed of many hierarchical False
levels and narrow spans of control
Horizontal structures have fewer managerial levels than True
vertical structures
In general, a functional structure tends to be most False
appropriate for differentiated businesses
Corporate restructuring can be voluntary or involuntary True
Progressive firms restructure only when firm False
performance declines
The formal means by which work is coordinated in an organizational structure
organzation is called the
An increase in breadth of an organization's structure is horizontal growth
known as
Which of the following structures tends to be the most functional structure
centralized
The notion of a profit center is consistent with which form product divisional structure
of organizational structure
C
Terms in this set (83)
brand manager the project manager in P&G's version of the matrix structure
centralization an organizational decision-making approach with most strategic and operating
decisions made by managers at the top of the organization structure (at
corporate headquarters)
corporate restructuring a change in the organization's structure to improve efficiency and firm
perfromance, including such activities as realigning divisions in the firm, reducing
the amount of cash under the discretion of senior executives, and aquiring or
divesting business units
decentralization an organizational decision-making approach with most strategic and operating
decisions made by managers at the business unit level
downsizing a means of organizational restructuring that eliminates part or all of one or more
heirarchial levels from the organization and pushes decision-making downward in
the organization
flat organization an organization characterized by relatively few hierarchial levels and a wide span
of control
functional structure a form of organizational structure whereby each subunit of the organization
engages in firm-wide activities related to a aprticular function, such as marketing,
HR, finance, or production
geographic divisional structure a form of organizational structure in which jobs and activiites are grouped on the
basis of geographic location - for example, northeast region, midwest region, and
far west region
horizontal growth an increase in the breadth of an organization's structure
horizontal structure an organizational structure with fewer hierarchies designed to improve efficiency
by reducing layers in the bureaucracy
matrix structure a form of organizational structure that combines the functional and product
divisional structure
multidivisional structure a structural form with two or more divisions based on products (a product
divisional structure) or geography (a geographical divisional structure); also
called an M-form
organizational structure the formal means by which work is coordinated in an organization
, product divisional structure a form of organizational structure whereby the organization's activities are divided
into self-contained entities, each responsible for producing, distributing, and
selling its own products
profit center a well-defined organizational unit headed by a manager accountable for its
revenues and expenditures
simple structure an organizational form whereby each employee often perfroms multiple tasks,
and the owner/manager is involved in all aspects of the business
span of control the number of employees reporting directly to a given manager
tall organization an organization characterized by many hierarchial levels and a narrow span of
control
vertical growth an increase in the length of the organization's hierarchical chain of command
Corporate restructuring seeks to improve efficiency and True
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
A flat organization is composed of many hierarchical False
levels and narrow spans of control
Horizontal structures have fewer managerial levels than True
vertical structures
In general, a functional structure tends to be most False
appropriate for differentiated businesses
Corporate restructuring can be voluntary or involuntary True
Progressive firms restructure only when firm False
performance declines
The formal means by which work is coordinated in an organizational structure
organzation is called the
An increase in breadth of an organization's structure is horizontal growth
known as
Which of the following structures tends to be the most functional structure
centralized
The notion of a profit center is consistent with which form product divisional structure
of organizational structure
