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MGMT 475 STUDY GUIDE
MGMT 475 STUDY GUIDE (CH 11)
| Question | Answer |
|---|---|
| is a structure drawing characteristics and mechanisms from both the worldwide geographic area structure and the worldwide product divisional structure (CH 11) | combination structure |
| multidivisional structure characterized by complete independence among the firm‘s divisions that compete for corporate resources CH 11) | competitive form |
| multidivisional structure in which horizontal integration is used to bring about interdivisional cooperation (CH 11) | cooperative form |
| largely objective criteria used to measure the firm’s performance against previously established quantitative standards (CH 11) | financial controls |
| consists of a chief executive officer and a limited corporate staff, with functional line managers in dominant organizational areas such as production, accounting, marketing, R&D, engineering, and human resources(CH 11) | functional structure |
| consists of a corporate office and operating divisions, each operating division representing a separate business or profit center in which the top corporate officer delegates responsibilities for day-to-day operations (CH 11) | multidivisional structure |
| guide the use of strategy, indicate how to compare actual results with expected results, and suggest corrective actions to take when the difference is unacceptable (CH 11) | organizational controls |
| specifies the firm’s formal reporting relationships, procedures, controls, and authority and decision-making processes (CH 11) | organizational structure |
| organizational form in which the owner-manager makes all major decisions and monitors all activities, while the staff serves as an extension of the manager’s supervisory authority (CH 11) | simple structure |
| is a multidivisional structure consisting of three levels: corporate headquarters, strategic business units (SBUs), and SBU divisions.(CH 11) | strategic business unit (SBU) form |
| are largely subjective criteria intended to verify that the firm is using appropriate strategies for the conditions in the external environment and the company‘s competitive advantages (CH 11) | strategic controls |
| emphasizes national interests and facilitates the firm’s efforts to satisfy local differences (CH 11) | worldwide geographic area structure |
| decision-making authority is centralized in the worldwide division headquarters to coordinate and integrate decisions and actions among divisional business units. (CH 11) | worldwide product divisional structure |
Created by:
EdensDumervil