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1.04 Quiz - Business Management I

Terms in this set (10)

Patrice tells her sales staff to spend one-fourth of their time on sales meetings, one-fourth on sales reports, one-fourth on answering emails, and one-fourth on generating new leads. Which step of the organizing process is Patrice demonstrating?
B - allocating resources
An important aspect of the organizing function of management involves:
C - establishing levels of authority.
One way to determine whether an employee is helping a business achieve its organizational goals is by:
C - evaluating the employee's performance.
Within the next three years, the PRM Company wants to set up an electronic data interchange with all of its suppliers. What type of organizational goal is PRM establishing?
D - technology
The primary purpose of developing organizational goals is to:
C - provide direction.
Amy and Tom work in a busy purchasing department. Amy relies on Tom to provide her with important information every day to do her job. Because the business's ability to achieve its goals relies on Amy and Tom's collaborative efforts, these two employees' jobs are:
C - interdependent.
What management function is responsible for coordinating resources in ways that maximize efficiency?
C - organizing
The Vice Presidents of Marketing, Product Development, Finance, and Operations all report to Camille, the CEO of a Fortune 500 company. They each have their own teams made up of several employees. Which organization structure does this represent?
B - functional
Coordinating business activities is an important aspect of the organizing function of management because it:
C - establishes clear relationships between the company's resources.
Computers, Inc., manufactures and sells its computer hardware in four countries. It employs over 5,000 people worldwide. Which organizational structure makes the most sense for Computers, Inc.?
A - divisional
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