MBA 705 - Final Exam UPDATED ACTUAL Questions And Correct Answers
, Terms in this set (141)
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
performance, including such activities as realigning divisions in the firm, reducing
the amount of cash under the discretion of senior executives, and acquiring 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
hierarchical levels from the organization and pushes decision-making downward
in the organization.
Flat Organization An organization characterized by relatively few hierarchical 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 particular function, such as marketing,
HR, finance, or production.
Geographic Divisional Structure A form of organizational structure in which jobs and activities 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 structures.
Multidivisional Structure A structural form with two or more divisions based on products (a product
divisional structure) or geography (a geographic 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.
strategic alternative Consider the implementation plan before adopting a __________ ___________
, Terms in this set (141)
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
performance, including such activities as realigning divisions in the firm, reducing
the amount of cash under the discretion of senior executives, and acquiring 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
hierarchical levels from the organization and pushes decision-making downward
in the organization.
Flat Organization An organization characterized by relatively few hierarchical 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 particular function, such as marketing,
HR, finance, or production.
Geographic Divisional Structure A form of organizational structure in which jobs and activities 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 structures.
Multidivisional Structure A structural form with two or more divisions based on products (a product
divisional structure) or geography (a geographic 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.
strategic alternative Consider the implementation plan before adopting a __________ ___________