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University of Maryland, University College BMGT 364 Quiz 2 Week 3
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University of Maryland, University College BMGT 364 Quiz 2 Week 3 BMGT 364 Quiz 2 Week 3
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Quiz 2, Week 3BMGT 364
edward jones is a national financial advisory firm. the company has 14,000 advisors, most of
whom run a one-person office. the advisors have a great deal of autonomy to manage the
customer relationship. This means:
the organization benefits from stability in its operations
the org is hurt by a lack of coordination
the org lacks the necessary stability to centralize its decision making
the org benefits from greater productivity, innovation, and customer service
you were having lunch with a friend and they were talking about a new job he started as an
insurance agent running his own office. He explains that he loves the flexibility knowing that
80% of the company employees run a one-person office with only a few central staff that
support the organization. This company benefits from:
a flat org with autocratic central managers
a flat org with more autonomy and faster communications
a tall org with well-defined task for each employees
a hierarchical org with multiple levels of reporting
in a centralized org, only the top managers make decision, whereas the lower-level managers
are tasked with carrying out the directives
true
false
if the need for organizational change is communicated from the top down, it must be
modeled from the bottom up
true
false
project teams are focused on multiple objectives and usually stay together to gain another
assignment
true
false
what are the 4 methods for maintaining corporate culture?
training, offboarding, hiring, recruiting
recruiting, onboarding, training, hiring
recruiting, onboarding, offboarding, hiring
hiring, onboarding, offboarding, training
organizational culture is a term that can relate to any organization, form a church to a
university
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