Final Exam Answer Guide.xlsx

Since planning provides the necessary performance

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since planning provides the necessary performance standards or objectives. since planning provides the necessary performance standards or objectives. Provides the necessary performance standards or objectives a brief statement of the company's direction doing the right thing Authoritarian value economic conditions, competitors, and customers. 0 vision statement d) Looking at the organization as a portfolio. T 1 the expectation that business will strive to improve the overall welfare of soc focus on development, innovation, design, and time to market Perform better than those without them Perform better than those without them Perform better than those without them Perform better than those without them Communicating upward means that the support of the people needed to implement the strategy is accomplished
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Scitenfic Capabilites selective perception Price price change Their Position indoctrinates new employees to the company culture, as well as introducing predictable F F False (Formalized structures are those in which there are many written rules a financial strategic objective A company's culture, particularly during its early years, is inevitably tied to th F False, slow to change. 0 F F F 1 T F
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they are set by managers without the approval of employees T 1 d) Align goals with objectives align goals and objectives Both programmatically and organizationally F False (Goals are typically set for the organization as a whole) 1 Substitute Products F F F F Their wealth increases or decreases with the firm's actions. Their wealth increases or decreases with the firm's actions Netflix improved algorithms that match movie lovers to titles they enjoy Will shape the behavior of the person we are interacting with T We might not know what they should cover We lay out too many of them with the hope that at least we are covering all the bases To integrate decisions about people with decisions about the results of an organization
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T False (If you are trying to dramatically change the way things are done, you w F Decentralized Flat De-Centralization Innovation T 1 F False (In a matrix, each employee reports to two or more managers) T T False (In centralized companies, many important decisions are made at highe F 0 encompass both the purpose of the company as well as the basis of competit False. In decentralized companies, important decisions are made at lower levels.
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Emphasize individual acheivement 1 F help resolve conflicts through their common purpose 1 F F 0 Employees employees divisional Divisional T Organizational citizenship behaviors T Suppliers and buyers with little bargaining power Companies within the same industry can sometimes have widely differing cu are flexible, adaptable, and experiment with new ideas organizational culture
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Culture F Outcome-Oriented) Out-come orieted F 1 T 1 T F T T 1 F Culture Formal Leaders Informal Leaders
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Charisma 0 throughout the organization Making sure employees are receptive to change F False (Looking at tangible aspects is unlikely to give a full picture of the organ 1
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