Mgt 521 Case Study Operations Management Quiz

MGT 521 final exam 30 out of 30 correct 1) When a manager makes use of a SWOT analysis, one of his or her objectives is to | | A. | | identify the best employees to fill each position in the organization | | B. | | formulate appropriate strategies to exploit strengths, protect against threats, and correct weaknesses | | C. | | set specific short-term performance standards for each department | | D. | | evaluate the desirability of issuing stocks or bonds in the current financial climate | | | 2) A company that wants to distinguish itself from the competition in the marketplace is most likely using which of the following strategies? | | A. | | Focus strategy | | B. | | Differentiation strategy | | C. | | Functional strategy | …show more content…
| | Contingency planning | | D. | | Financial forecasting | | | 5) The ________ determines the number of levels and managers in an organization. | | A. | | delegation of authority | | B. | | unity of command | | C. | | chain of command | | D. | | span of control | | | 6) Which of the following is a characteristic of an organic organization? | | A. | | High specialization | | B. | | Cross-functional teams | | C. | | Rigid departmentalization | | D. | | Narrow span of controls | | | 7) Which of the following is a characteristic of a matrix organization? | | A. | | It conforms to the unity of command principle. | | B. | | It has a single chain of command for functional managers to report to. | | C. | | It has formal departments to which employees return after completing a project. | | D. | | It is free of internal and external boundaries. | | | 8) Searching for new ideas beyond an organization’s boundaries and allowing changes to easily transfer inward and outward is known as ________. | | A. | | strategic partnering | | B. | | knowledge management | | C. | | organizational osmosis | | D. | | open innovation |

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