Define span of control. Describe the relationship between a span of control and organizational performance.
What will be an ideal response?
A manager's span of control represents how many employees he or she is responsible for in an organization. Narrow spans of control allow managers to be much more hands-on with employees, giving them the opportunity to use directive leadership styles while developing close mentoring relationships with employees. Organizational performance increases with span of control, but only up to the point that managers no longer have the ability to coordinate and supervise the large numbers of employees underneath them. Beyond this point, performance decreases with increase in span of control. A moderate span of control is best suited for an organization's productivity.
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In general, businesses in high-share positions in growing or mature markets will use which type of strategic market plans to maintain cash flow that supports short-run profit performance and shareholder value?
A) offensive strategic market plans B) defensive strategic market plans C) decentralized strategic market plans D) concentrated strategic market plans E) multi-segment strategic market plans
________ relates to the reliability and validity of the data.
A. Volume B. Velocity C. Variety D. Veracity E. Value
Answer the following statements true (T) or false (F)
1.People are not likely to be creative when they love what they do as it removes the motivation to do anything else. 2.Weak relationships may foster creativity up to a point, beyond which the number of ties may even constrain creativity at work. 3.Creativity is based on the ability to think of more than one place or on more than one level at a time. 4.Taken together, job design, supervision, organizational climate, and the allocation of adequate time, and resources can have a potent and synergistic effect on individual and organizational creativity.
The measure of a firm's effectiveness in using the resources allocated to its marketing effort is called
A. marketing revenue analysis. B. gross margin. C. gross expenditures. D. market share analysis. E. return on marketing investment.