MGT504 Solved Quizzes 2 and 3 160 Questions

Q1. A conclusion drawn by human mind from the information after it is linked to other information and compared to what is already known is called as,

Data

Knowledge

Information

Experience

Q2. In which type of organizational structure, the product managers and functional managers have equal authority within the organization, and employees report to both of them.

Q3. Change in the external environment causes what kind of change within the organizations under the normal circumstances?

A shift in the strategy

A change of mission

A change of staff

A change of technology

Q4. Which of the following is a component of organizational design for the innovation of new product which means that each department involved with new products has excellent linkage with relevant sectors in the external environment?

Departmental specialization

Boundary spanning

Horizontal linkages

All of the above

Boundary Spanning: This component means each department involved with new products has excellent linkage with relevant sectors in the external environment

Q5. of 20 ( Start time: 04:37:48 PM ) Total Marks: 1

Which of the following is the fourth stage in the development of the organization?

Q6. of 20: Which of the following promotes flexibility and rapid response to changes in customer needs?

Vertical Structure

Q7. of 20: The complete absorption of one company by another, wherein the acquiring company maintains its identity and the acquired company ceases existing as a separate entity, is known as,

Acquisition Take over

Merger

Divestiture

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Q8. of 20: Which strategy most of the companies are using in responding to the globalization?

Self-directed teams

Horizontal structures

E-commerce

All of the given options

Q9. of 20: At which stage of organization life cycle development, a culture of team work and collaboration is promoted in the organization for solving the red tape crisis?

Elaboration Stage: The solution to the red tape crisis is a new sense of collaboration and teamwork. Throughout the organization, manager develops skills for confronting problems and working together

Q10. of 20: The modern business environment is highly dynamic and rapidly changing. Which type of decisions is being made by managers in higher percentage than the other?

Programmed decision