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Which of the flowing is does NOT describe a well written policy?

Complete

Objective

Subjective

Coherent

All of the following are advantages of a Matrix structure EXCEPT

High-quality technical problem solving

Members bring different areas of expertise

The creation of synergy among members

Both B and C

The _____ is the reason that an organization exists.

Strategic vision

Vision statement

Mission statements

Corporate charter

Which of the following is true of Scenario planning?

Managers develop alternative goals and actions

Implementation determines the practical direction, objectives, goals, and plans of the organization

It is particularly useful for an organization attempting to mitigate risks in certain ventures

Both A and B

Traditional organizational structures include

Matrix, functional, team

Network, team, divisional

Divisional, boundaryless, network

Matrix, divisional, functional

Which of the following is involved in inventory management?

Forecasting and replenishment activities

Transformation of a company’s inputs into outputs

Planning and guiding a project from beginning to end

Ensure the ordering of the correct amount and kind of materials

Which of the following is the major disadvantage of a Functional structure?

The wiliness to entrust one’s fate to teammates

The complications of many contracts and relationships

Having two different bosses providing contradictory information

None of the above

The process by which an organization compares its performance against not only its competitors but also other high performing organizations is referred to as

Vertical integration

Benchmarking

Operational planning

Contingency planning

Concerning effective planning, it can be said that failing to organize is planning to fail.

True

False

Which type of leadership style results in subordinates exhibiting negative attitudes and lower performance because the leader has dissociated themselves from the subordinates?

Democratic

Charismatic

Laissez-faire

Autocratic

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