All of the followings are elements of the organization structure EXCEPT:

• A) Motivation
• B) Chain of Command
• C) Formalization
• D) Departmentalization

Which of the following is a common characteristic of successful entrepreneurs?

• A) Fear of failure
• B) Resistance to change
• C) Willingness to take risks
• D) Preference for routine

Which of the following best defines responsibility within an organization?

• A) The obligation to perform assigned tasks and duties.
• B) The delegation of tasks from a manager to a subordinate.
• C) The authority given to an individual to make decisions.
• D) The process of monitoring performance.

Which of the following is best described as making a significant, discontinuous, or complementary change?

• A) Enterprise
• B) Innovation
• C) Variance
• D) Entrepreneurship

Which of the following refers to the rights of a manager to direct subordinates and expect compliance?

• A) Authority
• B) Chain of command
• C) Unity of command
• D) Responsibility

In a workplace context, autonomy primarily refers to:

• A) The responsibility to follow strict guidelines.
• B) The level of supervision received by employees.
• C) The authority to direct others' work.
• D) The freedom to make decisions within one’s own role.

What is entrepreneurship primarily about?

• A) Investing in stocks
• B) Starting and managing a new business venture
• C) Working for a large corporation
• D) Selling products

Which of the following is not among the external forces that create the need for change in the organizations?

• A) Government regulations
• B) Technology
• C) Labor markets
• D) New equipment

All of the following are the internal forces that tend to create the need for change in the organizations, EXCEPT:

• A) Changes in the workforce
• B) Change in the old equipment
• C) Change in employee attitudes
• D) Changes in the economy

The assignment of new or additional responsibilities to a subordinate is called:

• A) Span of control
• B) Coordination
• C) Delegation
• D) Specialization

Which of the following is one of the most important objective for small business owners?

• A) Innovation
• B) Profitability
• C) Market presence
• D) Growth

The process of assigning managerial authority and responsibility to managers and employees lower in the hierarchy is referred to as:

• A) Feedback
• B) Specialization
• C) Delegation
• D) Accountability

Which of the following is the obligation or expectation to perform a duty?

• A) Span of control
• B) Chain of command
• C) Unity of command
• D) Responsibility

Which of the following refers to the responsibility for achieving objectives, using resources effectively, and adhering to organizational policy?

• A) Responsibility
• B) Accountability
• C) Delegation
• D) Authority

Which of the following is not among the three perspectives that should be considered in preparing a business plan?

• A) Marketing perspective
• B) Technical perspective
• C) Investor perspective
• D) Perspective of the entrepreneur

Which of the following is a formal system of relationships that determine lines of authority and the tasks assigned to individuals and units?

• A) Unity of command
• B) Organization structure
• C) Span of control
• D) Organizing

Mission Statement of Johnson & Johnson is: “We believe our first responsibility is to the doctors, nurses, and patients, to mothers and all others who use our products” This statement shows which of the following attributes of mission statement?

• A) Location
• B) Self concept
• C) Desired public image
• D) Customers

A dramatic narrative of imagined events in an organization is called:

• A) Artifact
• B) Ritual
• C) Myth
• D) Stories

Which of the following advantage/advantages organizations can get by adopting self-directed teams and horizontal structures?

• A) Increased team work
• B) Increased collaboration
• C) All of the given options
• D) Increased communication

An organization working in Pakistan has a strong value system of its own. What does it represent for that organization in the broader sense?

• A) Structure
• B) Power
• C) None of the given options
• D) Culture