Final Exam ITM 5 Industrial Organization and Management

Falcao Bergquist studies in Industrial Organization in developing countries the gap between producer and consumer prices of maize in _________.

• Kenya

• Ethiopia

• Tanzania

• Somalia

__________________ is any action carried out by the government or public entity that affects the market economy with the direct objective of having an impact in the economy.

• Government Review

• Government Intervention

• Government policy

• Government aid

Recent work by Blattman and Dercon (2016) sheds light on the challenges to expand the formal industrial sector for workers in developing countries with an interesting experiment with factory workers in _________.

• Kenya

• Ethiopia

• Tanzania

• Somalia

Regulations such as price setting, taxation or subsidies maybe used in order to restore and maximize the initial efficiency of natural _____________.

• Oligopoly

• Monopoly

• Non of the above

• All of the above

A________________is a system wherein both public and private enterprise occur. So, essentially, private producers and government endeavors are operating in tandem in the economy.

• Mixed economy

• Socialist economy

• Command economy

• None of the above

A ___________________ is one that is run purely by government regulation - determining the prices, producers, and resources of goods.

• Mixed economy

• Socialist economy

• Command economy

• Non of the above

A _____________ is a form of organization based on logic, order, and the legitimate use of formal authority.

• Bureaucracy

• Organic

• Mechanistic

• Non of the above

An_____________is a management system founded on cooperation and knowledge‐based authority.

• Bureaucracy

• Organic Structure

• Mechanistic

• 
  

  Non of the above

The degree to which tasks in the organization are

divided into separate jobs with each step completed

by a different person.

• Departmentalization

• Chain of command

• Work Specialization

• Centralization

The continuous line of authority that extends from

upper levels of an organization to the lowest levels of

the organization and clarifies who reports to who.

• Departmentalization

• Chain of command

• Work Specialization

• Centralization