2019 Business Management-Unit 2 Common Assessment Review B

Which of the following is an advantage of the matrix organizational structure:

• it makes good use of organizational resources

• it is inexpensive to implement

• it speeds up decision-making

• it reduces the duplication of certain activities

Which of the following is a disadvantage of the matrix organizational structure:

• it makes the organization less competitive

• it violates the unity of command principle

• it cannot balance conflicting organizational objectives

• it lacks flexibility

The amount of teamwork included in an organizational design is often referred to as

• division of labor

• delegation

• staff authority

• lateral relations

Which of the following is a true statement about projects:

• they rely on traditional management structures

• they create goods, not services

• they are short-term undertakings

• their processes are more important than their results

Every project creates a(n)

• deliverable

• new product

• company

• advertising plan

Projects are different from business operations because business operations

• are special ventures

• are permanent

• use nontraditional management structures

• have a definite beginning and end

Which of the following is an element of any project:

• technology

• outcome

• natural resources

• board of directors

Which of the following is an example of a project that enhanced an existing product:

• the construction of the Empire State Building

• a medication that cures a life-threatening illness

• a software update for your computer

• the sequel to your favorite movie

When the hybrid vehicle was introduced, it was an example of a project that

• created new technology

• enhanced an existing project

• created a new product using existing technology

• used entirely new technology

Which of the following is a true statement regarding project managers:

• anyone with the right skills can be a project manager

• project managers are usually top-level executives

• math and computing are the most important skills for project managers

• project managers are only distantly involved in the project