Blog

__________ is the ability to analyze, understand, and manage an internal organization in ways that are not dependent on the assumptions of a single country, culture, or context.

__________ is the degree to which rules and procedures govern work.

Why would the top-level managers at Nutzandboltz, a hardware company, decide to invest free cash flow in product lines such as clothing or toys?

Alfred Chandler found that firms grow in a predictable pattern and that the firm’s growth patterns determine its structural form. Which of the following forms corresponds to the FINAL stage in Chandler’s theory?

In most cases, the focus strategy is best managed using a __________ structure.

The more heterogeneous the top management team, the:

A characteristic of the manager that may affect managerial discretion is his/her:

Monahegan Plasma Company is facing a performance downturn and realizes that a major rethinking of its strategy is in order. Under these circumstances, Monahegan Plasma would benefit from a(n):

Jumbo Industrial Supply has grown from a one-location firm with a restricted product line to a multi-state organization with numerous product lines and a large sales staff. Sales have doubled every year for the last three years. It currently has a simple structure with Jared Smith, the owner-manager, making all major decisions. Jumbo is probably now experiencing or will soon experience:

A family just changed to a different mobile phone and data service provider. They now need take some time to transfer their content to new phones and learn the features of the new service.  This is an example of a: