Reference no: EM131009831
1. Which of the following statements is true about teams?
A) They create individual work products.
B) They do not perform real work.
C) They do not share leadership.
D) They measure effectiveness indirectly.
E) They have a specific purpose that the team itself delivers.
2. A company having global divisions such as apparel unit, cosmetics unit, and health care unit illustrates _____ departmentalization.
A) functional
B) product
C) customer
D) stakeholder
E) geographical
3. Which of the following statements is true about job specialization?
A) It allows employees to perform different roles.
B) It occurs when the activities that must be performed within an organization are too numerous for one person to handle.
C) It eliminates boredom and monotony so that employees are more productive.
D) It adversely affects efficiency.
E) It makes the task of training employees even more complex as several skills will have to be imparted.
4. _____ is the obligation, placed on employees through delegation, to perform assigned tasks satisfactorily and be held accountable for the proper execution of work.
A) Span of management
B) Job deskilling
C) Attrition
D) Downsizing
E) Responsibility
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What percentage above cost should it markup its price
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The welfare loss created by such policy is equal to how much
: Assume market demand is given by: QD = 10 – P and market supply by: QS = P – 2. Let’s consider a situation where the government is seeking to control prices at above equilibrium levels, at PC = $7. In other words, the government is imposing a price f..
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Statements is true about job specialization and teams
: Which of the following statements is true about teams? A company having global divisions such as apparel unit, cosmetics unit, and health care unit illustrates _____ departmentalization. Which of the following statements is true about job specializat..
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Statements is true about organizational culture
: _____ communication involves the exchange of information among colleagues and peers on the same organizational level, such as across or within departments. Which of the following statements is true about organizational culture? Banks having separate ..
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What is the true cost of a budget deficit
: According to economists, what is (are) the true cost(s) of a budget deficit? Does the "opening up" of an economy change the type of costs a deficit produces? Use an investment/savings diagram in your answer.
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: There are 10 consumers in a market, each with identical quasilinear demand equal to u(x,y) = ln(x) + y. What is the total market demand? (i.e. what is the relationship between the price and the total market demand?). What is the elasticity of demand?
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