Victor Green has been working at The Bicycle Superstore for about two weeks. This morning he noticed that the store's inventory on bicycle tire repair kits is out, but he is unsure of whom he should report to for approval to place an order for more kits. Victor is unclear about the
A. chain of command.
B. degree of specialization.
C. level of authority.
D. span of management.
E. nature and degree of departmentalization.
Answer: A
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"Mutual agency" means that
a. a partnership has a limited life; b. any partner can bind the other partners to a contract; c. each partner is personally liable for all debts; d. partnerships are not subject to federal income taxes; e. no more than ten partners are allowed by law
The ________ for a point is the number of standard errors a point is away from the mean
A) coefficient of variation B) z-value C) variance D) standard deviation
The jobs in the Acme Global Corporation are very standardized. Each job has a clear job description, and there are many policies, procedures, and rules for employees to follow. This creation of a routine way of doing jobs suggests that Acme Global has a high degree of _________ in its structure.
A. centralization B. spatial differentiation C. formalization D. horizontal differentiation E. None of the above
According to the categorization of multinational organizations, the role of overseas operations for the multinational organization is
A. sensing and exploiting local opportunities. B. implementing parent company strategies. C. adapting and leveraging parent company competencies. D. differentiating contributions by national units to integrated worldwide operations.