Answer the following statements true (T) or false (F)
1. Some organizations do not require any formalization because they are so small.
2. The formality of an organization is defined by the extent to which structures and processes of the organization are written down and expected to be followed.
3. Organizations need to align their formal structures and systems with the environment.
4. There is one best way to structure an organization.
1. False
2. True
3. True
4. False
You might also like to view...
When a company uses a(n) ________, it is using its own advertising staff to provide the advertising services needed by the company.
A. promotion department B. in-house agency C. intra-firm agency D. full-service agency E. limited-service agency
________ is data originated by the researcher for the specific purpose of addressing the research problem
A) Primary data B) Secondary data C) Experimental data D) Virtual data E) Problem-focused data
Impromptu meetings
a. are used for major policy decisions. b. take planning and preparation. c. may take place in hallways, a lunch room, or company fitness area. d. all of these choices.
Geneva Company manufactures dolls that are sold to various customers. The company works at full capacity for half the year to meet peak demand, and operates at 80% capacity for the other half of the year. The following information is provided:Units produced and sold 600,000 unitsSelling price$35/unitVariable manufacturing costs$20/unitFixed manufacturing costs$1,200,000/yr.Variable selling and administrative costs$6/unitFixed selling and administrative costs$950,000/yr.Geneva receives a purchase order to make 5,000 dolls as a one-time event. The good news is that this order is during a period when Geneva does have sufficient excess capacity. What is the lowest selling price Geneva should accept for this purchase order?
A. $26.00 B. $35.00 C. $23.50 D. $29.50 E. $25.00