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MBA 705 - Final Exam questions and answers with
complete solutions verified latest update 2025/2026
graded a++
Terms in this set (121)
Brand Manager: The project manager in P&G's version of the matrix
structure.
An organizational decision-making approach
Centralization: with most strategic and operating decisions
made by managers at the top of the
organization structure (at corporate
headquarters).
A change in the organization's structure to
improve efficiency and firm performance,
Corporate including such activities as realigning divisions
Restructuring: in the firm, reducing the amount of cash under
the discretion of senior executives, and
acquiring or divesting business units.
Decentralization: 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
Downsizing: restructuring that eliminates part or all of one
or more hierarchical levels from the
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organization and pushes decision-making
downward in the organization.
Flat Organization: Flat Organization: An organization characterized
by relatively few hierarchical levels and a wide
span of control.
Functional Structure: A form of organizational
Functional Structure: 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
Geographic Divisional organizational structure in which jobs and
Structure: 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.
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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.
A form of organizational structure whereby the
Product Divisional organization's activities are divided
Structure: into self-contained entities, each responsible for
producing, distributing, and selling its own
products.
Strategy Implementation:2 }Consider the plan for implementation before adopting
Key Points a strategic alternative.
}The greater the strategic change, the more complex
the implementation.
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 performs 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: n organization characterized by many
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