Formalization refers to
A. how many employees each manager in the organization has responsibility for.
B. the degree to which rules and procedures are used to standardize behaviors and decisions in an organization.
C. the degree to which tasks in an organization are divided into separate jobs.
D. where decisions are formally made in organizations.
E. the answer to the question of "who reports to whom?" and signifies formal authority relationships.
Answer: B
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Which of the following is an example of internal change?
A) change in customer preferences B) a new regulation C) price change of raw materials D) automation decision
When negotiators inappropriately explain the actions of others in personality terms, even though elements of the situation are actually responsible, this is called
A. openness. B. epistemic motivation C. misperception. D. anchoring.
Identify and discuss the three building blocks of organizational structure.
What will be an ideal response?
On January 1, 2013, the Moody Company entered into a transaction for 100% of the outstanding common stock of Osorio Company. To acquire these shares, Moody issued $400 in long-term liabilities and also issued 40 shares of common stock having a par value of $1 per share but a fair value of $10 per share. Moody paid $20 to lawyers, accountants, and brokers for assistance in bringing about this acquisition. Another $15 was paid in connection with stock issuance costs. Prior to these transactions, the balance sheets for the two companies were as follows: Moody OsorioCash$180 $40 Receivables 810 180 Inventories 1,080 280 Land 600 360 Buildings (net) 1,260 440 Equipment (net) 480 100 Accounts payable (450) (80)Long-term
liabilities (1,290) (400)Common stock ($1 par) (330) Common stock ($20 par) (240)Additional paid-in capital (1,080) (340)Retained earnings (1,260) (340)??Note: Parentheses indicate a credit balance.??In Moody's appraisal of Osorio, three assets were deemed to be undervalued on the subsidiary's books: Inventory by $10, Land by $40, and Buildings by $60.?Compute the amount of consolidated common stock at date of acquisition. A. $330. B. $370. C. $530. D. $570. E. $610.