Chapters 8

Managing _____ has become a critical managerial function because the increasing rate of change affects all organizations.

change

In economies of scale a company buys raw materials in bulk so that the average cost of goods goes ___ as the production levels increase.

down

Remaining ______ is the key to an organization's success in changing times.

flexible

The principle of organizational structure where one person is at the top and the other managers are managers are ranked sequentially from the top down is called:

hierarchy

Economies of scale work best in a company that makes large quantities of goods using ____ ____ processes

mass production

According to Fayol's order principle, ______ and ______ should be placed and maintained in the proper location.

materials; people

Innovations like the mass production of cars can create economies of scale. However over the time this but if it becomes less meaningful because:

other companies copy the process

When businesses evolved into larger organizations producing larger amounts of productmore efficiently using mass production methods, it could be said that:

the bigger plant, the more efficient product became

Regardless of the size of the organization the principle of organizing include:

-deciding what work meeds to be done -a heirarchy of authority -dividing up the tasks to be done

Henry Fayol's principles for organization structure include:

-managers can enforce their orders -a heirarchy of authority -unity of command

When a company purchase a raw material in bulk thus reducing the cost of production it is called

Economies of scale

Which of Fayol's principles states that a manager should treat employees and peers with respect and Justice?

Equity

True or false: the key to success for companies in a couple economy is to remain inflexible during times of change

False

Fayol's ___ principle states that materials and people should be placed and maintained in the proper location within an organization.

Order

Which statement is true about the principles of organization?

Regardless of the business size the principles are similar

According to Fayol's equity principle, a manager should treat employees and peers with __ and ___.

Respect and Justice

The rapidly evolving business environment requires the management of ___ in the organization to respond to it.

Change

Methods of structuring organizations to produce large amounts of goods is___

Mass production

The principles of bureaucracy which brought consistent application of rules and procedures to organizations were proposed by

Max Weber