Biology Forums - Study Force

A common characteristic of a centralized organization is:
 A) democratic decision making.
  B) decision making by top-level managers.
  C) a flat span of management.
  D) placing decision making near the customer.
  E) authority placed at lower levels.

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Question 2 - Looking at their _____________, Keurig can see their assets, liabilities, and net worth.
 A) income statement
  B) balance sheet
  C) statement of cash flows
  D) expense report
  E) bank statement

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Question 3 - Because Sears operates in a complex and dynamic environment, its store managers are given significant freedom to run their stores. This indicates that executive leaders at Sears headquarters:
 A) centralize decision making.
  B) deemphasize lower-level management training.
  C) control their managers tightly.
  D) deemphasize lower-level management accountability.
  E) decentralize authority.

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Question 4 - As the owner of a landscaping business, you review how your company did last month. You mowed over 300 lawns and made 8000. After paying your two employees, buying gas and supplies, and a new weed eater, your profit was 3500. All of this information is found on the ________ .
 A) income statement
  B) statement of cash flows
  C) managerial accounting statements
  D) balance sheet
  E) cash flows from investing statement

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Question 5 - The more a company needs to be innovative and responsive, the more likely the company will:
 A) decentralize the organization.
  B) choose functional departmentalization.
  C) centralize the organization.
  D) reduce delegation of authority.
  E) decrease the workforce.

[ 1 ]  B

[ 2 ]  B

[ 3 ]  E

[ 4 ]  A

[ 5 ]  A

:-] I'm impressed