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Business Operations & Organizational Structures

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1.
1 point
Managers who carry out the decisions of top management and oversee specific departments.
2.
1 point
Managers who are responsible for the daily operations of a business, such as supervision and office managers.
3.
1 point
A precise statement of results the business expects to achieve.
4.
1 point
An organization that puts authority in one place, with top management.
5.
1 point
Line authority can be traced in a line horizontally on an organizational chart.
6.
1 point
Good planning requires setting realistic goals.
7.
1 point
Leading involves creating a vision of your company to inspire employees helping each employee reach his or her potential.
8.
1 point
An organization that gives authority to a number of different managers to run their own departments.
9.
1 point
Operational managers carry out the decisions of top management. Middle managers are responsible for the daily operations of the business.
10.
1 point
Managers responsible for setting goals and planning the future for a company.
11.
1 point
Departments are organized by function, product, or by management.
12.
1 point
Descriptions of the way work is to be done.
13.
1 point
Higher earnings, prestige, more influence on how the company is run and greater control over employees' time are the four advantages associated with being a manager.
14.
1 point
Guidelines used in making consistent decisions.
15.
1 point
A diagram that shows the structure of an organization.
16.
1 point
Four managerial functions are planning, organizing, following, and controlling.
17.
1 point
The three levels of management are top level management, middle management, and operational management.
18.
1 point
Dividing responsibilities in an organization among specific units or departments.
19.
1 point
An organizational structure in which managers at the top of the line are in charge of those beneath them.
20.
1 point
A business plan that divides a company into different departments run by different managers.
21.
1 point
A chart that shows how a business is structured and who is in charge of whom.
22.
1 point
Although top level managers set goals, planning for the future is entrusted to middle management.
23.
1 point
A manager must be able to communicate effectively, gather and use information, perform varied activities, and definitely be able to work under pressure.
24.
1 point
A short, specific written statement of the reason a business exists and what it wants to achieve.
25.
1 point
Which of the following statements is not one of the three disadvantages associated with being a manager?
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