Company Z has an organizational hierarchy with salespeople at the bottom, who report to regional sales managers, who in turn report to a director of marketing. The director of marketing reports to the CEO. This is an example of which of Fayol's principles of management?
A. equity
B. division of labor
C. centralization
D. line of authority
E. discipline
Answer: D
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The National Cancer Institute had physicians distribute anti-smoking pamphlets. This shows that a:
a. channel can be more efficient and effective by forward integration b. channel can be more efficient and effective by sharing costs and staff c. channel can be more efficient and effective by channel breadth d. channel can be more efficient and effective by backward integration e. all of the above
How is legal precedent used between courts of different states?
A) Courts of a state cannot cite the judicial decisions of courts of another state in its decisions. B) Courts of a state must follow precedent from courts of another state for similar cases. C) Courts of a state can use precedent from courts of another state as a form of guidance. D) Courts of a state cannot challenge the precedence of courts of another state.
The Bankruptcy Code uses the term "bankrupt" to refer to a person who cannot pay his debts
a. True b. False Indicate whether the statement is true or false
The author's synthesis of all well-known maturity models states that moderate project management maturity is characterized by:
A) Ad hoc processes. B) Little support from upper management. C) Project management training programs. D) Active exploration of ways to improve project management.