The Four Factors That Determine the Usefulness of Information to Managers

question 40

Multiple Choice

The four factors that determine the usefulness of information to managers are quality, timeliness, ________, and relevance.

• A)completeness
• B)variety
• C)detail
• D)consistency

Understand how global market pressures influence organizational design choices, particularly the shift from geographical to client-based structures.

Appreciate the role of technology in shaping organizational structures and coordination mechanisms.

Comprehend the rationale behind organizational restructuring towards flatter structures and the push towards delayering.

Understand the specific scenarios where certain organizational designs, like functional, divisionalized, and team-based, are most advantageous.

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Definitions:

Economic Espionage

The act of secretly gathering proprietary or economically valuable information about the competition for commercial advantage.

Unethical Behavior

Unethical behavior refers to actions that go against moral principles and standards, often causing harm or disadvantaging others in the social or professional realm.

Competition

The presence of multiple companies or entities in the same marketplace, vying for the same customers or market share.

Environmental Scanning

The process of systematically collecting information about external factors that can impact an organization's success.