The typical lifecycle for a product or service includes stages of introduction, growth, maturity,
and decline.
Indicate whether the statement is true or false
TRUE
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In the context of Mintzberg's organizational structures, which of the following is a difference between a simple structure and a machine bureaucracy?
A. A simple structure is a centralized form of organization, whereas a machine bureaucracy is a moderately decentralized form of organization. B. A simple structure emphasizes support staff differentiated from the line operations of the organization, whereas a machine bureaucracy emphasizes a small technical and support staff. C. A simple structure has limited horizontal decentralization of decision making, whereas a machine bureaucracy has a minimum of vertical differentiation of authority and minimal formalization. D. A simple structure achieves coordination through the standardization of work processes, whereas a machine bureaucracy achieves coordination through direct supervision by the upper echelon.
The incremental model of decision making suggests that managers make decisions by
A. using processes that have worked in past experience. B. experimenting with alternatives in a controlled setting, one by one. C. choosing something that is "good enough." D. taking small steps to alleviate a problem. E. involving several lower-level employees.
Which of the following statements is true about initial direct costs?
A) Initial direct costs should always be debited against income by the lessor in the period of the inception of the lease. B) Initial direct costs are ownership-type costs such as insurance, maintenance, and taxes. C) Initial direct costs of an operating lease should be recorded by the lessor as a prepaid asset. D) Initial direct costs of a sales-type lease should be expensed as incurred, and an equal amount of the unearned income should be recognized as income in the same period.
Which traits should a leader possess so that he or she can be perceived as being ethical?
What will be an ideal response?