When an organization has a structure in which decision-making authority is delegated as far down the chain of command as possible, it is called A) downsizing. B) a bureaucracy. C) decentralized. D) overspecialization. E) a hierarchy.
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- Answer these five multiple choice questions: Question 1 The three categories of Mintzberg's managerial roles are Select one: a. interpersonal, informational, and decisional. b. planning, organizing, and leading c. entrepreneur, disturbance handler, and negotiator. d. monitor, disseminator, and spokesperson. Question 2 Which level of management is responsible for implementing the directives of senior executives? Select one: a. Tactical managers b. Strategic managers c. Day-to-day supervisors d. Operational managers Question 3 All of the following are characteristics of Weber's Theory of Bureaucracy except Select one: a. Rationality b. Environmental Analysis c. Officials d. Uniformity Question 4 All of the following are functions of management except Select one: a. Controlling b. Leading c. Financing d. Planning Question 5 Which of the following is not a role of management. Select one: a. Technical b. Tactical c. Operational d.…An automobile manufacturer wants to understand the factors influencing car sales. The company gathers data on variables such as price, advertising expenditure, and consumer income. Econometric models are used to analyze how these variables affect car sales, aiding in strategic decision-making. In this context, econometrics is used for:A) Product designB) Understanding sales determinantsC) Assessing employee performanceD) Planning corporate events Note:- Please avoid using ChatGPT and refrain from providing handwritten solutions; otherwise, I will definitely give a downvote. Also, be mindful of plagiarism. Answer completely and accurate answer. Rest assured, you will receive an upvote if the answer is accurate.Describe large bureaucratic organizations with which you have had contact with that has not responded flexibly to customer demands. And describe examples of satisfactory responsiveness. What do you think accounts for the differences between the responsive and nonresponsive organizations?
- 1. What is meant by the term decentralization? 2. Identify 3 business practices that hinder proper cost assignment to segments of a company? 3. Distinguish between traceable cost and common cost. Give several examples of each.In making managerial economic decisions, which of the following should an effective manager consider? a. the total explicit costs and revenue of the firm tb he total opportunity costs of production c. the total revenue of the firm only. d. accounting profit onlyHuawei as reference to explain 1. identify and illustrate the micro-foundations (that is, organizational and managerial processes, procedures, and structures) that underpin the dynamic capabilities of sensing 2. seizing and transforming
- 27. The sales department manager for a laminate flooring company has been considering changing the commission program, a change that would affect the income of all employees in the sales department. Information about the new commission structure is released when a document detailing the change is accidentally left on the printer, and a number of complaints soon followed. The department manager is reconsidering the change based on these complaints. Which barrier to change is this company experiencing? A.Misalignment between the change and the mission of the organization B.Fear that the culture of the organization may change C.Lack of infrastructure or training to support the change D.Negative employee attitude towards the changeDecide the best choice. a. The inndividual waiting times experienced by customers in a busy breakfast cafe would be an example of a deterministic process because several customers are waiting to be seated. b. Informmation Systems and Informmation Technology are identical and synonyms that mean the exact same thing. c. In 2019, both manuffacturing and service sectors employed roughly the same percentage of the labor force in USA. d. Today, services constitute a large percentage (e.g., more than 60%) of the U.S. economy. e. Both choices ‘a’ and ‘b’ are correct.What is one way in which diverse teams contribute to improved decision-making? A)By avoiding discussions B)By promoting groupthink C)By bringing a wide array of perspectives that lead to comprehensive solutions D)By discouraging individual contributions
- A company hires you as an HR consultant to guide the company about its change process from bureaucratic to team-based organizational structure. What advice you will give to this company? a. Increase the centralization of decision making b. Increase the managerial levels and more supervision c. Design jobs with less autonomy d. Design jobs based on higher autonomy“In the short run, a company has to operate as efficient as possible to accomplish the profit maximization goal”.Answer the following questions:a. If achieving efficiency is not attainable in the short run, what long-run decisions should the company do? Explain your answer highlighting the pros and cons(risks) of long-run decisions.b. How do you perceive the term “Normal Profit”? Support your answer with numeric example.c. By means of the excel file we discussed in class, use any suitable data set to describe how to calculate the most efficient level of production1) What economic conditions are relevant in managerial decision making? 2) What factors lead to competitive advantage for a firm? 3) What are the typical types of risk faced by a firm?