Reference no: EM132609066

Question 1: Functional organizational structures work best for firms with:

a) single product product-lines or closely related product-lines sold into one market

b) multiple products sold into multiple markets

c) vertically-integrated companies' production chains that span several industries

d) single product product-lines which operate in geographically separated market places

e) conglomerates like GE

Question 2: Which organizational structure would be most appropriate for a company with a portfolio of different/diverse products and lines of business that span several different industries or operate in very different locations:

a) functional structure

b) multidivisional structure

c) matrix structure

d) transnational structure

e) hybrid structure

Question 3: Rookie managers are known to make a lot of "predictable" management mistakes. Which of the follow is NOTa commonly identified reason why new rookie managers often derail?

a) difficulty in building effective teams

b) treating people badly

c) strategic differences with top management

d) lack of follow through

e) lack of technical expertise, functional knowledge, and competencies

Question 4: Which of the following best describes how Wal-Mart outperforms competitors?

a) they are better at a few key elements of the value chain

b) they are better at integrating the components of the value chain

c) they mix differentiation and low cost to appeal to more consumers

d) they established monopolies in rural markets