If Management Is to Match a Company's Organization Structure to Its

question 77

Multiple Choice

If management is to match a company's organization structure to its strategy in an effective way, then it is essential

• A)that company personnel be empowered to make both strategic decisions and operating decisions.
• B)for strategy-critical value chain activities to be the main building blocks on the organization chart.
• C)that value chain activities be deliberately organized so as to produce maximum strategic fit.
• D)to define the jobs of company personnel in terms of the functions to be performed rather than in terms of the results to be achieved.
• E)for the company to be organized around cross-functional teams rather than around functional specialties and functional departments.

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Definitions:

Stolen Merchandise

Goods that have been taken without permission or acquired illegally, often sold through unauthorized channels.

Good Title

Refers to the legal basis that an owner possesses to rightfully sell a piece of property, indicating clear ownership free of liens or other encumbrances.

Shipping Term

Conditions included in a contract that define the responsibilities, costs, and risks involved in the delivery of goods from the seller to the buyer.

Free Alongside

In shipping, a term indicating that the seller is responsible for the cost of transporting goods to a designated point next to a vessel before loading.