Mid term test Code 3

In a division-of-labor situation__________

Choose the wrong statement

The difference between a manager and his staff is _______

BestWash, a laundry chain, has realized that if it wants to beat its leading competitor and improve market share, it must improve its productivity. Which of the following strategies is most likely to help BestWash to achieve this objective?

Do the right matched

Planning is advantageous to an organization, particularly in the creation of new ventures. According to an often-cited survey, as many as 65 percent of all newly started businesses are not around to celebrate a fifth anniversary. This high failure rate seems primarily a consequence of inadequate planning. Successful businesses have an established plan, a formal statement that outlines the objectives the organization is attempting to achieve. Planning does not eliminate risk, of course, but it does help managers identify and deal with organizational problems before they cause havoc in a business. Which of the following best expresses the main point of this paragraph?

The BCG matrix divides SBUs into four categories:

Domestic organizations are organizations that essentially operate within more than one country

• True

• False

A transnational corporation have decentralized decision-making, with subsidiaries and affiliates having a degree of autonomy.

• True

• False

Porter's Five Forces is a model that can be used to analyze the general environment of an organization

• True

• False