Nature of Organizing in Organizations

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What are the three sets of skills a manager must have according to the text?

Technical skills, human skills, and conceptual skills (correct)

Negotiation skills, marketing skills, and financial skills

Analytical skills, problem-solving skills, and communication skills

Leadership skills, planning skills, and decision-making skills

What is the main focus of technical skills for a marketing officer?

Developing interpersonal relationships with customers

Managing financial resources efficiently

Analyze customer buying behavior and market trends (correct)

Understanding the legal aspects of the market

Which skill set involves the ability to work well with other people?

Technical skills

Human skills (correct)

Analytical skills

Conceptual skills

What does conceptual skill entail according to the text?

Seeing the big picture, understanding interrelationships, and critical thinking (D) Signup and view all the answers

What is the defining characteristic of corporations as mentioned in the text?

Legal identity separate from owners (A) Signup and view all the answers

In a corporation, what happens to the liability of owners in case of financial loss?

Owners have limited liability to the amount invested (C) Signup and view all the answers

What is the primary purpose of organizing in management?

Establishing working relationships among employees (A) Signup and view all the answers

Which type of organization is freely formed by members based on personal activities?

Informal Organization (D) Signup and view all the answers

In a Functional Structure, how are members grouped together?

By job similarity (D) Signup and view all the answers

Which type of structure groups organization members based on the same product, service, or customer served?

Product Structure (C) Signup and view all the answers

Geographical Structure in organizational structure is based on:

Grouping by location of activity (D) Signup and view all the answers

What is the main purpose of establishing an Organizational Structure?

Ensuring effective coordination of tasks (B) Signup and view all the answers

In a Matrix Structure/Matrix Organization, what is the key characteristic?

Members are assigned to interdisciplinary teams from different functional departments (B) Signup and view all the answers

Which organizational structure is specifically designed for completing special projects?

Team Structure (A) Signup and view all the answers

What is the main purpose of a Virtual Structure?

Eliminating boundaries among organizational units using IT (D) Signup and view all the answers

According to Contingency Theory, what does it emphasize in management?

Flexibility due to changes in the environment (B) Signup and view all the answers

Which organizational theory underscores the importance of proper management of people for success?

Resource-based Theory (A) Signup and view all the answers

What is the distinguishing feature of a Network Structure?

Core full-time employees working with outside partners (A) Signup and view all the answers