I.T.B Chapter 8

Question 1

What has become a critical management function?

Answer 1

Learn how to manage change

Question 2

Economies of scale work best in a company that makes large quantities of goods using
_______ , ________
processes.

Answer 2

Mass Production

Question 3

Remaining _______ is the key organization’s success in changing times.

Answer 3

Flexible

Question 3

When a company purchases raw materials in bulk, thus reducing the cost of production, it is called:

Answer 3

Economies of scale

Question 4

Fayol’s _____________ principle states that each worker should report to one, and only one, boss.

Answer 4

Unity of Command

Question 5

The principle of organizational structure where one person is at the top and the other managers are ranked sequentially from the top down is called

Answer 5

Hierarchy

Question 6

According to Fayol’s order principle, ______ and ______ should be placed and maintained in the proper location.

Answer 6

Materials; people

Question 7

An organization structure in which decision-making authority is maintained at the top level of management is called a(n)

Answer 7

Centralized Authority

Question 8

Four organizational designs include

Answer 8

line ,line and staff, matrix, and cross-functional teams.