Which of the following phrases best describes product focus?
A) low volume, high variety
B) Finished goods are usually made to order.
C) Processes are designed to perform a wide variety of activities.
D) high fixed costs, low variable costs
E) high inventory
D
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Which one of the following statements is NOT related to the concept of ‘satisficing’?
a. Satisficing occurs because of the limitations in human information processing’s ability to consider all possible solutions to a problem b. Satisficing is a process by which managers draw on their experiences to make the best decision they can at the time c. Satisficing is a concept that questions the rational decision making model’s assumptions of perfect knowledge d. Satisficing is a concept that assumes all managers will satisfy their appetites before making a decision about a problem
If you have multiple readers of your speech, it is safe to assume some of the readers will not be familiar with the subject matter
Indicate whether this statement is true or false.
Match each term with the correct statement below.
a. functional structure b. matrix structure c. unity of command d. scalar principle e. product structure f. span of control g. coordination h. division of labor 1. What is the concept that involves specialization and the division of work into smaller units? 2. Managers must be concerned with the flow of information between jobs in order to achieve organizational goals. 3. An individual should report to only one supervisor or superior. 4. Which organizational structure violates the unity of command principle? 5. What is the concept that involves the continual flow of authority and responsibility from the top of the organization to the bottom?
What takes information entered into a given system and sends it automatically to all downstream systems and processes?
A. Backward integration B. Application integration C. Forward integration D. Data integration