18 Questions
What are the three sets of skills a manager must have according to the text?
Technical skills, human skills, and conceptual skills
What is the main focus of technical skills for a marketing officer?
Analyze customer buying behavior and market trends
Which skill set involves the ability to work well with other people?
Human skills
What does conceptual skill entail according to the text?
Seeing the big picture, understanding interrelationships, and critical thinking
What is the defining characteristic of corporations as mentioned in the text?
Legal identity separate from owners
In a corporation, what happens to the liability of owners in case of financial loss?
Owners have limited liability to the amount invested
What is the primary purpose of organizing in management?
Establishing working relationships among employees
Which type of organization is freely formed by members based on personal activities?
Informal Organization
In a Functional Structure, how are members grouped together?
By job similarity
Which type of structure groups organization members based on the same product, service, or customer served?
Product Structure
Geographical Structure in organizational structure is based on:
Grouping by location of activity
What is the main purpose of establishing an Organizational Structure?
Ensuring effective coordination of tasks
In a Matrix Structure/Matrix Organization, what is the key characteristic?
Members are assigned to interdisciplinary teams from different functional departments
Which organizational structure is specifically designed for completing special projects?
Team Structure
What is the main purpose of a Virtual Structure?
Eliminating boundaries among organizational units using IT
According to Contingency Theory, what does it emphasize in management?
Flexibility due to changes in the environment
Which organizational theory underscores the importance of proper management of people for success?
Resource-based Theory
What is the distinguishing feature of a Network Structure?
Core full-time employees working with outside partners
Explore the concept of organizing in organizations, where managers establish working relationships among employees to achieve common goals. Learn about formal and informal types of organization structures within an enterprise.
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