11 Questions
Which of the following best describes the relationship between process and structure?
Process and structure are equally important.
According to the text, what is the purpose of establishing new organizational structures in a participatory corporate culture?
To systematically diffuse power down to every individual.
What happens to a structure without human participation, according to the text?
It becomes static and obsolete.
According to the text, what is one factor that can improve a company's productivity and profitability?
Motivated workforce
What is the role of property ownership in empowerment, according to the text?
Property ownership is integral to full empowerment
Why is the voting power of a single shareholder important in a corporation's governance?
It is the most effective check against non-accountable or corrupt management
According to the text, what do the most healthy, productive, and profitable companies do?
Share ownership, profits, information, and power with all workers
According to the text, what is the percentage increase in the value of SRC's stock after the buyout?
1820%
According to the text, what is one reason why a company of owners will outperform a company of employees?
Equity sharing leads to more wealth accumulation
According to the text, what is the objective of Justice-Based Management (JBM)?
Increase long-term corporate profitability
According to the text, what is the primary means for turning workers into corporate shareholders in Justice-Based Management?
Employee Stock Ownership Plan (ESOP)
Take this quiz to test your understanding of the relationship between process and structure. Explore the importance of sound processes and the impact of the institutional environment on human behavior. Determine how structure complements and supports the success of a process.
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