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