In a typical matrix organization based on area and product dimensions, country managers will be responsible to both the area managers and the product line managers.

Answer the following statement true (T) or false (F)


True

In an organization of two dimensions, such as area and product, both the geographic area managers and the product managers will be at the same level, and their responsibilities will overlap. An individual manager-say, a marketing manager in Germany-will have a multiple reporting relationship, being responsible to the manager overseeing the geographic area that includes Germany and also to an international or worldwide marketing manager at headquarters. Figure 10.8 illustrates an extremely simple matrix organization based on two organizational dimensions. Note that the country managers are responsible to both the area managers and the product-line managers.

Business

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Break-even analysis identifies the volume at which fixed costs and revenue are equal

Indicate whether the statement is true or false

Business

Which of the following statements about graphic rating scales is false?

A. They consider more than one performance dimension. B. They are time-consuming to develop and administer. C. They may not yield the depth of essays or critical incidents. D. They allow results to be expressed in quantitative terms.

Business

________ are private individuals who provide seed capital to young ventures.

A. Gazelles B. Cash cows C. Angels D. Rising stars

Business

In Benny v. City Car Dealership, a state supreme court held that a minor could cancel a con-tract for the sale of a car. Now a trial court in the same state is decid-ing Dora v. Even Steven Auto Deals, Inc, a case with similar facts. Under the doctrine of stare decisis, the trial court is likely to

A) allow the minor to cancel the contract. B) disregard the Benny case. C) ?order the minor to cancel the contract. D) require the minor to fulfill the contract.

Business