Entrepreneurship

A(n) _______ is a systematic grouping of individuals which has been brought together to accomplish a goal.

• Informal Structure

• Organization

• Concord

• Affiliation

An organization’s products and services are the driving force in accomplishing its purpose.

• True

• False

Which of the following is NOT one of the four basic organizational levels?

• Supervisors

• Middle managers

• Top management

• Lower managers

__________ structures are laid-back and undefined.

• Matrix

• Learning

• Informal

• Staff

__________ is the principle in which an employee should have only one supervisor to whom he or she is responsible.

• Chain of command

• Span of control

• Work specialization

• Supervision

An assembly line is an example of __________.

• Chain of command

• Span of control

• Work specialization

• Supervision

__________ is the grouping of individuals into departments.

• Centralization

• Decentralization

• Centralmentalization

• Departmentalization

Simple structures are flexible and inexpensive, but are often only effective in small organizations.

• True

• False

A __________ structure is composed of self-contained units or divisions.

• Simple

• Divisional

• Matrix

• Learning

A __________ organization structure combines the elements of functional and product-based departmentalization.

• Simple

• Divisional

• Matrix

• Learning