Scenario: Extreme Rug Tim Is the Project Manager of the Corporate

question 105

Multiple Choice

Scenario: Extreme Rug Tim is the project manager of the corporate structure team at Extreme Rugs.Tim's team has been assigned the task to study and evaluate Extreme Rugs' organizational structure.To collect the preliminary information, Tim divided the tasks among the team members to collect information on different elements of Extreme Rugs' structure.Jeremy was asked to collect information on the degree to which tasks are divided into separate jobs.Joy was asked to collect information on formal authority relationships, Alice started looking into how many employees each manager has responsibility for, and Kathy was asked to collect evidence on the degree to which rules and procedures are used to standardize behaviors at Extreme Rugs.Tim decided to collect information and evidence on where exactly decisions are formally made at Extreme Rugs.The team decided to meet with information in two weeks.Joy was asked to collect information on which of the following elements of the organizational structure?

• A)Chain of command
• B)Formalization
• C)Centralization
• D)Work specialization
• E)Span of control

---

Definitions:

Average Daily Sales

The average amount of sales generated per day over a specific period, commonly used to assess business performance.

Credit Policy

Guidelines that a company follows to determine the creditworthiness of customers, which influence terms of credit and collection procedures.

Total Revenue

The total amount of income generated by the sale of goods or services related to the company's primary operations before any expenses are deducted.

Investment In Receivables

The funds tied up in the credit sales of a company, indicating the amount of money owed by customers for goods or services delivered on credit.