BUS 101 - Module 2 questions with verified
answers
A manager is likely to be engaged in planning, organizing, leading, and
controlling during the course of any given day. Ans✓✓✓True
A strategy is a broad set of organizational plans for implementing the
decisions made for achieving organizational goals. Ans✓✓✓True
According to the authors of the text, long-term goals are set for a period
of less than one year. Ans✓✓✓False - Over 5 years are considered long
term goals.
Acme oil Company has three divisions: Exploration, Extraction, and
Refining. This is an example of process departmentalization.
Ans✓✓✓True
Determining the best way to arrange a firm's resources and activities into
a coherent structure is called: Ans✓✓✓Organizing
Determining what the organization needs to do and how best to get it
done requires Ans✓✓✓Planning
Dividing an organization according to the specific product or services
being created is called: Ans✓✓✓Product departmentalization
answers
A manager is likely to be engaged in planning, organizing, leading, and
controlling during the course of any given day. Ans✓✓✓True
A strategy is a broad set of organizational plans for implementing the
decisions made for achieving organizational goals. Ans✓✓✓True
According to the authors of the text, long-term goals are set for a period
of less than one year. Ans✓✓✓False - Over 5 years are considered long
term goals.
Acme oil Company has three divisions: Exploration, Extraction, and
Refining. This is an example of process departmentalization.
Ans✓✓✓True
Determining the best way to arrange a firm's resources and activities into
a coherent structure is called: Ans✓✓✓Organizing
Determining what the organization needs to do and how best to get it
done requires Ans✓✓✓Planning
Dividing an organization according to the specific product or services
being created is called: Ans✓✓✓Product departmentalization
