Question : 82.Freer trade, advances in information technology, and more global customers : 1243801

Economics

82.Freer trade, advances in information technology, and more global customers are pressuring many large global companies to:

A.shift away from geographically-based to more client-based divisionalized structures.

B.increase direct supervision as the main coordinating mechanism.

C.shift away from divisionalized structures into functional structures.

D.disband their team-based structures in favor of simple structures.

E.shift from functional structures to geographically-based divisionalized structures.

83.The _____ structure tends to duplicate resources, such as production equipment and engineering or information technology expertise.

A.divisional

B.functional

C.simple

D.matrix

E.network

84.Team-based organizations have:

A.hourly wages and generous employee benefits.

B.supervisors as the main source of direction and control.

C.a tall hierarchy.

D.communities of practice.

E.a wide span of control.

85.A team-based organizational structure has a:

A.tallorganizational hierarchy.

B.high degree of formalization.

C.decentralized organization structure.

D.mechanistic organizational structure.

E.narrow span of control.

86.Communication flows in all directions with little concern for the formal hierarchy in a(n) _____, but this structure is costly to maintain due to the need for ongoing interpersonal skill training.

A.mechanistic

B.centralized

C.team-based

D.functional

E.divisional

87.Which form of departmentalization tends to have a very flat hierarchy, little formalization and organizes employees around work processes?

A.Geographical structure

B.Functional structure

C.Team-based structure

D.Matrix structure

E.Network structure

88.Team-based organizational structures are usually found:

A.in the manufacturing operations of larger divisionalized structures.

B.in organizations that organize employees around distinct regions of the country or world.

C.in organizations that encourage employees within each specialization to share information.

D.in government departments and agencies.

E.in stand-alone organizations that apply no other organizational structures.

89.One of the defining characteristics of a matrix organizational structure is that it:

A.overlays two organizational structures in order to leverage the benefits of both.

B.has a narrow span of control and high degree of formalization and centralization.

C.is the only structure that organizes employees around specific knowledge or other resources.

D.uses self-directed work teams rather than individuals as the basic building block of organizations.

E.is an alliance of several organizations for the purpose of creating a product or serving a client.

90.Most employees at Quokka Systems are organized into project teams. Employees report to the project leader, but they also report to a leader responsible for their functional specialization (such as engineering or marketing). Quokka Systems has a:

A.simple structure.

B.client-baseddivisionalized structure.

C.matrix structure.

D.product-baseddivisionalized structure.

E.functional structure.

91.Creative Advertising Corp. wants its 100 employees to work together around specific clients yet maintain an equal emphasis on alignment with their skill specializations (advertising, graphics, copywriting and public relations). Which of the following organizational structures would work best for Creative Advertising Corp.?

A.Geographical divisional structure

B.Simple structure with client-based divisional structure

C.Network structure

D.Client-based divisionalized form

E.Matrix structure that overlays project teams with a functional structure

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July 1, 2023

9.1 The United States in the International Economy

1) Following the tariff imposed on Chinese tires, some businesspeople correctly argued that the U.S. tariff would result in

A) China retaliating by raising tariffs on some U.S. exports.

B) China halting the sale of all products in the United States.

C) U.S. firms never being able to meet the demand for U.S.-produced tires.

D) the government demanding price cuts from U.S. tire manufacturers.

2) Workers in industries protected by tariffs and quotas are likely to support these trade restrictions because

A) they do not want to offend their employers who want them.

B) politicians lobby to convince workers the restrictions will make them better off.

C) they believe the restrictions will protect their jobs.

D) they don't understand that the restrictions will threaten their jobs.

3) The intention of the U.S. tariff on Chinese tires was to

A) protect jobs in the U. S. tire industry.

B) protect infant industries in tire U.S. tire market.

C) insure that Chinese tires meet U.S. quality and safety standards.

D) save the government money by restricting the sale of more expensive Chinese-made tires.

4) In the 1930s, the United States charged an average tariff rate ________. Today, the rate is ________.

A) of 100 percent; 20 percent

B) above 50 percent; less than 1.5 percent

C) of less than 10 percent; over 40 percent

D) of 17 percent; 33 percent

5) A tariff is a tax imposed by a government on

A) exports.

B) services.

C) imports.

D) luxury items.

6) Goods and services bought domestically but produced in other countries are referred to as

A) exports.

B) imports.

C) transfer payments.

D) foreign consumption.

7) Exports are domestically produced goods and services

A) sold to other countries.

B) sold to the government.

C) sold at home.

D) which are used to produce other goods and services.

8) When Roxanne, a U.S. citizen, purchases a designer dress from Barneys of New York that was made in Milan, the purchase is

A) both a U.S. and an Italian import.

B) a U.S. import and an Italian export.

C) a U.S. export and an Italian import.

D) neither an export nor an import for either country.

9) When BMW, a German company, purchases a welding machine that was made in Toronto, the purchase is

A) both a German and a Canadian import.

B) a German import and a Canadian export.

C) a German export and a Canadian import.

D) neither an export nor an import for either country.

10) Which of the following statements about the importance of trade to the U.S. economy is true?

A) Since 1950, both exports and imports have steadily decreased as a fraction of U.S. gross domestic product.

B) Overall, about 80 percent of U.S. manufacturing jobs depend directly or indirectly on exports.

C) The United States is the second largest exporter in the world.

D) The U.S. economy is highly dependent on international trade for growth in its gross domestic product.