GBA 490 Exam 3 Questions and Answers (Solved Papers) organizational structure - Correct Answers ✅comprises the formal and informal arrangement of tasks, responsibilities, lines of authority, and reporting relationships by which the firm is administered.simple structure - Correct Answers ✅consists of a central executive (often the owner manager) who handles all majors decisions and oversees all operations with the help of a small staff. Simple structures are also called line-and-staff structures or flat structures.functional structure - Correct Answers ✅is organized into functional departments, with departmental managers who report to the CEO and small corporate staff. Functional structures are called departmental structures, or U-forms.multidivisional structures - Correct Answers ✅is a decentralized structure consisting of a set of operating divisions organized along business, product, customer group, or geographic lines, and a central corporate headquarters that allocates resources, provides support functions, and monitors divisional activities; also called divisional structures or M-forms.matrix structure - Correct Answers ✅is a structure that combines two or more organizational forms, with multiple reporting relationships. It is used to foster cross-unit 1 / 2
GBA 490 Exam 3 Questions and Answers (Solved Papers) collaboration; also called composite structures or combination structures.network structure - Correct Answers ✅is the arrangement linking a number of independent organizations involved in some common undertaking.best practice - Correct Answers ✅is a method of performing an activity that consistently delivers superior results compared to other approaches.business process reengineering - Correct Answers ✅involves radically redesigning and streamlining how an activity is performed, with the intent of achieving quantum improvements in performance. 30 to 50 percent or more total quality management (TQM) - Correct Answers ✅entails creating a total quality culture, involving managers and employees at all levels, bent on continuously improving the performance of every value chain activity.six sigma programs - Correct Answers ✅utilize advanced statistical methods to improve quality by reducing defects and variability in the performance of business processes.
99.9997 accuracy, no more than 3.4 defects per million.
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