Business Administration final exam with perfect answers 2024

Organizational Structure correct answersA firm's share values, beliefs, traditions, philosophies, rules, and role models for behavior. Delegation of Authority correct answersGiving employees not only tasks, but also the power to make commitments, use resources, and take whatever actions are necessary to carry out those tasks. Responsibility correct answersThe obligation, placed on employees through delegation, to perform assigned tasks satisfactorily and be held accountable for the proper execution of work. Accountability correct answersThe principle that employees who accept an assignment and the authority to carry it out are answerable to a superior for the outcome. Centralized Organization correct answersA structure in which authority is concentrated at the top, and very little decision-making authority is delegated to lower levels. Decentralized Organization correct answersAn organization in which decision-making authority is delegated as far down the chain of command as possible Span of Management correct answersThe number of subordinates who report to a particular manager. Organizational layers correct answersThe levels of management in an organization. Line Structure correct answersThe simplest organization structure, in which direct lines of authority extend from the top manager to the lowest level of the organization. Line-and-staff Structure correct answersA structure having a traditional line relationship between superiors and subordinates and also specialized managers, called staff managers, who are available to assist line managers. Group correct answersTwo or more individuals who communicate with one another, share a common identity, and have a common goal. Team correct answersA small group whose members have complimentary skills; have a common purpose, goals, and approach; and gold themselves mutually accountable. Committee correct answersA permanent, formal group that performs a specific task. Task Force correct answersA temporary group of employees responsible for bringing about a particular change.