Thomas, the Head of the Marketing Department in an Organization

question 35

Multiple Choice

 Thomas, the head of the marketing department in an organization, has structured his department in such a way that the roles and responsibilities of his workers are loosely defined. Moreover, he does not exert too much control over his workers and encourages two-way communication. His workers tend to be highly satisfied with their jobs when compared to those in the finance department, headed by John who exerts more control. From this scenario it can be inferred that Thomas has adopted a _____ mechanism for coordinating.

• A) bureaucratic
• B) authoritative
• C) centralized
• D) behavioristic

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Definitions:

Pre-Emptive Rights

Rights granted to existing shareholders to purchase additional shares before the company offers them to the public, to maintain their percentage of ownership.

Insolvent

A financial state where an individual or entity cannot meet their debt obligations as they come due or has liabilities exceeding assets.

Fiduciary Duty

Fiduciary duty is a legal obligation of one party to act in the best interest of another when entrusted with certain responsibilities, primarily in financial matters.

Secretly Competes

When an individual or entity engages in competition against another party without their knowledge, often violating a trust or agreement.