Why should management be concerned with the concept of span of control?
What will be an ideal response?
The determination of appropriate bases for departmentalization establishes the kinds of jobs that will be grouped together. But that determination doesn't establish the number of jobs to be included in a specific group, the issue of span of control. Generally, the issue comes down to the decision of how many people a manager can oversee; that is, will the organization be more effective if the span of control is relatively wide or narrow? The question is basically concerned with determining the volume of interpersonal relationships that the department's manager is able to handle. Moreover, the span of control must be defined to include not only formally assigned subordinates, but also those who have access to the manager. Not only may a manager be placed in a position of being responsible for immediate subordinates, but she may also be chairperson of several committees and task groups.
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If a seller fails to deliver conforming goods, the measure of recovery in the buyer’s suit for damages is the difference between the contract price and the market price at the place of delivery at the time the buyer learns of the breach.
Answer the following statement true (T) or false (F)
In his last order, the bakery manager at Bread of the Earth Bakery purchased a different brand of whole wheat flour from his regular supplier, Best Bakery Supplies. This is an example of a
A. straight buy. B. modified rebuy. C. straight rebuy. D. new-task buy. E. simplified buy.
The Hallmark Company was inspired by the popularity of Jan Karon's best-selling novels about Mitford, a fictional town in the mountains of North Carolina, to develop a new line of products for Hallmark Gold Crown Stores nationwide. Hallmark created hundreds of Mitford-inspired products that authentically bring "the little town with the big heart" into tangible reality. The products include greeting cards, partyware and gift wrap, mugs, and puzzles for Hallmark's existing customers. Hallmark used a _____ strategy.
A. market development B. market penetration C. product penetration D. product development E. diversification
Tokyo Electronics is facing financial difficulties mainly due to losses incurred by its gaming division. As a consequence, it has decided to shut down operations of this division. Which of the following strategies has Tokyo electronics adopted?
A. Divestment strategy B. Internal growth strategy C. External growth strategy D. Diversification strategy E. Concentration strategy