Formalization, specialization, and standardization all tend to be greater in larger organizations because they are necessary to control activities within the organization.

Answer the following statement true (T) or false (F)


True

Formalization, specialization, and standardization all tend to be greater in larger organizations because they are necessary to control activities within the organization. Larger organizations are more likely to use documentation, rules, written policies and procedures, and detailed job descriptions than to rely on personal observation by the manager. See 15-4: Contextual Variables

Business

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Transaction costs include all of the following costs, except

A. negotiating costs. B. search costs. C. agency costs. D. monitoring costs.

Business

Presented below is pension information related to Roberts Corp for the year 2012: Service cost 36,000 Interest on projected benefit obligation 12,000 Amortization of prior service cost due to increase in benefits 6,000 Expected return on plan assets 8000 The amount of pension expense to be reported for 2012 is

a. $46,000 b. $48,000 c. $54,000 d. $40,000

Business

Grady manages the recruiting process, selecting the best candidates who apply and getting them settled into their jobs. Grady’s human resource management specialty is __________.

A. training and development B. compensation and benefits C. staffing D. labor and industrial relations E. EEO and Diversity Management Specialist

Business

At Bedowin Hotels, management offers a money-back guarantee if the customer isn't satisfied with everything. They also empower every employee to do what it takes to keep the guests happy-no manager approval is needed. Employees are engaged and feel in control of their positions. They also feel that they really impact the company's bottom line. Define psychological empowerment.  How does a person feel when he or she is empowered? What can a manager do to empower his or her subordinates?

What will be an ideal response?

Business