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BCOR 370 EXAM 2 QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS VERIFIED LATEST UPDATE

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BCOR 370 EXAM 2 QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS VERIFIED LATEST UPDATE The subdivision of tasks into individual jobs is referred to as: Work Specialization AKA Division of Labor The management principle that no person should report to more than one supervisor is: Unity of Command Independent workers that supply organizations with talent for projects or time-bound objectives are known as: free agents Power distance is: How society deals with inequality Span of control refers to: The number of individuals or resources that one supervisor can manage effectively during an incident. Entrepreneur is: - is an enterprising individual who builds capital through risk and/or initiative. - the term was originally a loanword from French and was first defined by the Irish-French economist Richard Cantillon in the 19th century. - is a term applied to a person who is willing to help launch a new venture or enterprise and accept full responsibility for the outcome. A company that maintains significant operations in two or more countries simultaneously but that is based in one home country is a: Multinational corporations According to the textbook, a business strategy that seeks to redesign or augment an offering in an existing business or management process, such as the outsourcing of information technology and research is: value chain venture A written statement of what the jobholder does, how and why it is done, and under what conditions, is known as: job description According to the textbook, which of the following tools is used to increase the accuracy of performance appraisals? Behaviorally Anchored Rating Scales A vertically-organized structure of power relationships where the top-level holds the most power and resources is referred to as: hierarchy Walt Disney exhibited many of the characteristics of the entrepreneur. Which of the following is NOT one of the entrepreneurial characteristics that Disney and other entrepreneurs tend to demonstrate? External locus of control The framework of jobs and departments that directs the behavior of individuals and groups toward achieving the organization's objectives is: Organizational structure

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BCOR 370 EXAM 2 QUESTIONS AND ANSWERS WITH

COMPLETE SOLUTIONS VERIFIED LATEST UPDATE


The subdivision of tasks into individual jobs is referred to as:

Work Specialization AKA Division of Labor

The management principle that no person should report to more than one

supervisor is:

Unity of Command

Independent workers that supply organizations with talent for projects or time-

bound objectives are known as:

free agents

Power distance is:

How society deals with inequality

Span of control refers to:

The number of individuals or resources that one supervisor can manage effectively

during an incident.

Entrepreneur is:

- is an enterprising individual who builds capital through risk and/or initiative.

- the term was originally a loanword from French and was first defined by the Irish-

French economist Richard Cantillon in the 19th century.

- is a term applied to a person who is willing to help launch a new venture or enterprise

and accept full responsibility for the outcome.

, A company that maintains significant operations in two or more countries

simultaneously but that is based in one home country is a:

Multinational corporations

According to the textbook, a business strategy that seeks to redesign or augment

an offering in an existing business or management process, such as the

outsourcing of information technology and research is:

value chain venture

A written statement of what the jobholder does, how and why it is done, and

under what conditions, is known as:

job description

According to the textbook, which of the following tools is used to increase the

accuracy of performance appraisals?

Behaviorally Anchored Rating Scales

A vertically-organized structure of power relationships where the top-level holds

the most power and resources is referred to as:

hierarchy

Walt Disney exhibited many of the characteristics of the entrepreneur. Which of

the following is NOT one of the entrepreneurial characteristics that Disney and

other entrepreneurs tend to demonstrate?

External locus of control

The framework of jobs and departments that directs the behavior of individuals

and groups toward achieving the organization's objectives is:

Organizational structure

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