HMGT 223 Final Exam questions and answers all are correct

Hierarchical organizations are the best structure for organizations. - Answer-False Which structure provides more flexibility? - Answer-Flat Which of the following improves the flexibility and efficiency of organizations? - Answer-High level executives who delegate authority well. In developing your mission, which "W" is the most important? - Answer-Why The strategic plan is the basis that a good mission statement can be built on. - Answer-False The mission is the most important document in the organization. - Answer-False The strategic plan should identify the key steps that need to be taken to move the organization, not every action that will be done. - Answer-True Once a strategic plan is adopted, the challenge is to: - Answer-Make the implementation of the plan central to the organization. Which innovation strategy is considered low risk and keeps the organization close to it's core competencies? - Answer-Adjacencies In RPTS- the Wii is an example of a disruptive innovation. - Answer-True When public dollars are used there should be a ____ provided to the community. - Answer-Public Benefit Starting with the end product is what type of pricing? - Answer-Price BasedPublishing information on websites or via press releases is push marketing. - Answer-False The key to effective marketing is to: - Answer-Understand your customer Organizations that do everything themselves are the most efficient. - Answer-False The primary goal of Human Resources should be to discipline employees. - Answer-False HR should help employees find a role that fits their talents and interests. - Answer-True Having a diverse team in terms of personality, strengths, and skills is more likely to be successful than a uniform team. - Answer-True An often overlooked but important step in filling a position is determining if the position actually needs to be filled. - Answer-True When hiring for a position- the first step should be clearly defining the job description. - Answer-False Which of the following is NOT a factor in job satisfaction. - Answer-Shift in leadership Reward systems should include all of the following except _____. - Answer-Minimize salary increases Which pay system tends to inflate the overall payroll for an agency? - Answer-Pay bands An effective budget is a central document that tracks all major goals, financial and otherwise. - AnswerTrue Top-quality budgets are spreadsheets of revenues and expenses. - Answer-False