The document appears to be a quiz for an economics course on organizational structure and transaction cost economics. It includes 29 multiple choice questions covering topics like organizational charts, centralization of decision making, types of organizational structures, transaction costs, asset specificity, uncertainty, and outsourcing. The questions assess understanding of key concepts in the economics of organization.
Yes Virginia! A Profile In Excellence White PaperJon Hansen
Who Can Benefit from this Paper?
This thought provoking white paper is an essential resource tool for public sector organizations that are already in the midst of an established program, or ones who are contemplating a change. Although they do not operate within the same framework of a public or government entity, private sector companies can also gain important insight as the paper’s principles are universal in their applicability.
Utilizing an advanced research methodology, the primary objective of this paper is to provide policy-makers (and those affected by government policy) with a multi-dimensional “objective lens” through which they will be able to view the veracity of both existing as well as contemplated initiatives. The resulting insights will empower program champions to take the necessary steps to deliver tangible and sustainable results.
Complex Contracting in the Public SectorJon Hansen
This paper was was written by Trevor Brown (John Glenn School of Public Affairs, The Ohio State University), Matthew Potoski (Department of Political Science, Iowa State University), and David Van Slyke (Maxwell School of Citizenship and Public Affairs, Syracuse University) for the Kettering Symposium on Public Accountability, May 22 - 24, 2008.
It is an interestingly insightful and useful paper that has be used as a reference point for the February 4th, 2010 Contacting Intelligence Post: Complex contracting in the public sector: Managing relations and negotiating contracts in the absence of market discipline (http://wp.me/pYOvn-7u)
Chrompet Times 09-08-15 newspaper talk about local news ,Radha Nagar,Hasthinapuram,New Colony,Nehru nagar,Pallavaram,Pammal,Nemilicherry every Sundays.
Yes Virginia! A Profile In Excellence White PaperJon Hansen
Who Can Benefit from this Paper?
This thought provoking white paper is an essential resource tool for public sector organizations that are already in the midst of an established program, or ones who are contemplating a change. Although they do not operate within the same framework of a public or government entity, private sector companies can also gain important insight as the paper’s principles are universal in their applicability.
Utilizing an advanced research methodology, the primary objective of this paper is to provide policy-makers (and those affected by government policy) with a multi-dimensional “objective lens” through which they will be able to view the veracity of both existing as well as contemplated initiatives. The resulting insights will empower program champions to take the necessary steps to deliver tangible and sustainable results.
Complex Contracting in the Public SectorJon Hansen
This paper was was written by Trevor Brown (John Glenn School of Public Affairs, The Ohio State University), Matthew Potoski (Department of Political Science, Iowa State University), and David Van Slyke (Maxwell School of Citizenship and Public Affairs, Syracuse University) for the Kettering Symposium on Public Accountability, May 22 - 24, 2008.
It is an interestingly insightful and useful paper that has be used as a reference point for the February 4th, 2010 Contacting Intelligence Post: Complex contracting in the public sector: Managing relations and negotiating contracts in the absence of market discipline (http://wp.me/pYOvn-7u)
Chrompet Times 09-08-15 newspaper talk about local news ,Radha Nagar,Hasthinapuram,New Colony,Nehru nagar,Pallavaram,Pammal,Nemilicherry every Sundays.
Forget “Best Practices;” what about “Worst Practices”? We take a step back and lift the veil on what economic developers are commonly getting wrong in their marketing efforts and how to change it. We’ll challenge you to take an honest look at your own program and decide: “Am I just repeating what everyone else is doing? Am I marketing, or politicking? Is my website working for me, or just working?”
5 Práticas para começar o Branding em sua empresaValente Branding
Para ampliar sua visão em marketing você pode começar com 5 práticas. As atitudes e a forma com a qual você enxerga seu negócio são percebidas no posicionamento de sua marca.
Importante: o que trazemos são apenas sugestões que surgiram nas vivências com nossos clientes. Teste e veja se funciona para sua empresa.
Task 14.2 Divide into small groups of five to seven persons. Se.docxjosies1
*Task 1
4.2 Divide into small groups of five to seven persons. Select a group discussion leader and a person to record responses. Use the brainstorming guidelines to conduct a five-minute brainstorming session on the following topic. Your goal is to identify creative solutions to the problem: Employees in large companies often complain that personal worth perception is low. They feel that the company does not overtly reward them for their contributions and set procedures that allow them to be most productive and creative.
* Based on the problem given in 4.2, complete the following tasks:
a. Brainstorm how the company can reward efforts and increase the perception of personal worth other than issuing pay increases.
b. Use nominal group technique to find the best solution to the employee personal-worth perception problem. Consider the solutions from the brainstorming activity and select the "best" solution from that set.
c. Use consensus decision making with the goal of selecting a solution to the employee personalworth perception problem to which all members of the group can commit
*Task 2
5.1 Develop a set of general frames to codify the following:
• A horse
• A student
• An airline pilot
Use these frames and describe the following:
• Flashdance, an 18-hand thoroughbred
• Brenda, a medium-height, fourth-year liberal arts students
• Fred, a 30-year veteran airline captain
*Task 3
5.2 Someone suggested two types of potential knowledge developers: “Send me a well-developed computer programmer or a programmer competent in several languages, and we’ll make him or her into a successful knowledge developer.”
and
“Send me a talented generalist with well-developed interpersonal skills or somewhat more delicately, ‘a user friendly person’ and a rigorously analytical mind, and we’ll team him or her with a competent knowledge developer.”
In your opinion, which approach would be more successful in knowledge development? Why?
*Task 4
Task 1: Implementation of Knowledge Management
7.1 Give your views on failure of implementation of knowledge management at a global company based on five distinct stages of knowledge management:
Stage 1: Advocate and learn Stage
2: Develop strategy Stage
3: Design and launch KM initiatives Stage
4: Expand and support initiatives Stage
5: Institutionalize knowledge management
Case study: A global company (Source: Chua, A. and Lam, W., “Why KM projects fail: a multi-case analysis”, Journal of Knowledge Management, vol. 9, no. 3 (2005).)
A global company, which was one of the top ten organizations in its industry, lost a number of deals because of its inability to offer integrated solutions in the order handling line of business. In response, the management commissioned a KM project known as Alpha with the objective to create a “blueprint for gaining and maintaining global order handling services market leadership”. Underpinning Alpha was a comprehensive attempt to manage the knowledge across the company.
W.
Forget “Best Practices;” what about “Worst Practices”? We take a step back and lift the veil on what economic developers are commonly getting wrong in their marketing efforts and how to change it. We’ll challenge you to take an honest look at your own program and decide: “Am I just repeating what everyone else is doing? Am I marketing, or politicking? Is my website working for me, or just working?”
5 Práticas para começar o Branding em sua empresaValente Branding
Para ampliar sua visão em marketing você pode começar com 5 práticas. As atitudes e a forma com a qual você enxerga seu negócio são percebidas no posicionamento de sua marca.
Importante: o que trazemos são apenas sugestões que surgiram nas vivências com nossos clientes. Teste e veja se funciona para sua empresa.
Task 14.2 Divide into small groups of five to seven persons. Se.docxjosies1
*Task 1
4.2 Divide into small groups of five to seven persons. Select a group discussion leader and a person to record responses. Use the brainstorming guidelines to conduct a five-minute brainstorming session on the following topic. Your goal is to identify creative solutions to the problem: Employees in large companies often complain that personal worth perception is low. They feel that the company does not overtly reward them for their contributions and set procedures that allow them to be most productive and creative.
* Based on the problem given in 4.2, complete the following tasks:
a. Brainstorm how the company can reward efforts and increase the perception of personal worth other than issuing pay increases.
b. Use nominal group technique to find the best solution to the employee personal-worth perception problem. Consider the solutions from the brainstorming activity and select the "best" solution from that set.
c. Use consensus decision making with the goal of selecting a solution to the employee personalworth perception problem to which all members of the group can commit
*Task 2
5.1 Develop a set of general frames to codify the following:
• A horse
• A student
• An airline pilot
Use these frames and describe the following:
• Flashdance, an 18-hand thoroughbred
• Brenda, a medium-height, fourth-year liberal arts students
• Fred, a 30-year veteran airline captain
*Task 3
5.2 Someone suggested two types of potential knowledge developers: “Send me a well-developed computer programmer or a programmer competent in several languages, and we’ll make him or her into a successful knowledge developer.”
and
“Send me a talented generalist with well-developed interpersonal skills or somewhat more delicately, ‘a user friendly person’ and a rigorously analytical mind, and we’ll team him or her with a competent knowledge developer.”
In your opinion, which approach would be more successful in knowledge development? Why?
*Task 4
Task 1: Implementation of Knowledge Management
7.1 Give your views on failure of implementation of knowledge management at a global company based on five distinct stages of knowledge management:
Stage 1: Advocate and learn Stage
2: Develop strategy Stage
3: Design and launch KM initiatives Stage
4: Expand and support initiatives Stage
5: Institutionalize knowledge management
Case study: A global company (Source: Chua, A. and Lam, W., “Why KM projects fail: a multi-case analysis”, Journal of Knowledge Management, vol. 9, no. 3 (2005).)
A global company, which was one of the top ten organizations in its industry, lost a number of deals because of its inability to offer integrated solutions in the order handling line of business. In response, the management commissioned a KM project known as Alpha with the objective to create a “blueprint for gaining and maintaining global order handling services market leadership”. Underpinning Alpha was a comprehensive attempt to manage the knowledge across the company.
W.
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Pivotal Research Group LLC: Madison and wall 3 30-12Brian Crotty
Madison & Wall
A Recurring Review of Topics Affecting Advertising-Supported Media
March 30, 2012
Welcome to Pivotal Research’s “Madison & Wall”. The title refers to our work which
sits at the intersection between the advertising industry and the financial world. We
hope you’ll find these brief notes useful for their contrast to the hyperbole that
pervades much of the chatter at that location.
US solar PPA / leasing sector - research summaryHarald Överholm
How can innovative sustainable technologies be spread to make an impact on global warming and resource scarcity? This research deals with how business model innovation can contribute to the take-up of sustainable technologies. Property owners who would otherwise consider installing solar panels have been put off by the up-front costs and
the steep learning curve involved. So a new type of firm has emerged that provides a ‘solar service’ to residential customers - the firm builds, owns and maintains the solar panels and sells the electricity back to the property owner.
Cracking the Workplace Discipline Code Main.pptxWorkforce Group
Cultivating and maintaining discipline within teams is a critical differentiator for successful organisations.
Forward-thinking leaders and business managers understand the impact that discipline has on organisational success. A disciplined workforce operates with clarity, focus, and a shared understanding of expectations, ultimately driving better results, optimising productivity, and facilitating seamless collaboration.
Although discipline is not a one-size-fits-all approach, it can help create a work environment that encourages personal growth and accountability rather than solely relying on punitive measures.
In this deck, you will learn the significance of workplace discipline for organisational success. You’ll also learn
• Four (4) workplace discipline methods you should consider
• The best and most practical approach to implementing workplace discipline.
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Putting the SPARK into Virtual Training.pptxCynthia Clay
This 60-minute webinar, sponsored by Adobe, was delivered for the Training Mag Network. It explored the five elements of SPARK: Storytelling, Purpose, Action, Relationships, and Kudos. Knowing how to tell a well-structured story is key to building long-term memory. Stating a clear purpose that doesn't take away from the discovery learning process is critical. Ensuring that people move from theory to practical application is imperative. Creating strong social learning is the key to commitment and engagement. Validating and affirming participants' comments is the way to create a positive learning environment.
Event Report - SAP Sapphire 2024 Orlando - lots of innovation and old challengesHolger Mueller
Holger Mueller of Constellation Research shares his key takeaways from SAP's Sapphire confernece, held in Orlando, June 3rd till 5th 2024, in the Orange Convention Center.
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𝐓𝐉 𝐂𝐨𝐦𝐬 (𝐓𝐉 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬) is a professional event agency that includes experts in the event-organizing market in Vietnam, Korea, and ASEAN countries. We provide unlimited types of events from Music concerts, Fan meetings, and Culture festivals to Corporate events, Internal company events, Golf tournaments, MICE events, and Exhibitions.
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"𝐄𝐯𝐞𝐫𝐲 𝐞𝐯𝐞𝐧𝐭 𝐢𝐬 𝐚 𝐬𝐭𝐨𝐫𝐲, 𝐚 𝐬𝐩𝐞𝐜𝐢𝐚𝐥 𝐣𝐨𝐮𝐫𝐧𝐞𝐲. 𝐖𝐞 𝐚𝐥𝐰𝐚𝐲𝐬 𝐛𝐞𝐥𝐢𝐞𝐯𝐞 𝐭𝐡𝐚𝐭 𝐬𝐡𝐨𝐫𝐭𝐥𝐲 𝐲𝐨𝐮 𝐰𝐢𝐥𝐥 𝐛𝐞 𝐚 𝐩𝐚𝐫𝐭 𝐨𝐟 𝐨𝐮𝐫 𝐬𝐭𝐨𝐫𝐢𝐞𝐬."
3.0 Project 2_ Developing My Brand Identity Kit.pptxtanyjahb
A personal brand exploration presentation summarizes an individual's unique qualities and goals, covering strengths, values, passions, and target audience. It helps individuals understand what makes them stand out, their desired image, and how they aim to achieve it.
Business Valuation Principles for EntrepreneursBen Wann
This insightful presentation is designed to equip entrepreneurs with the essential knowledge and tools needed to accurately value their businesses. Understanding business valuation is crucial for making informed decisions, whether you're seeking investment, planning to sell, or simply want to gauge your company's worth.
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Vat Registration is a legal obligation for businesses meeting the threshold requirement, helping companies avoid fines and ramifications. Contact now!
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LA HUG - Video Testimonials with Chynna Morgan - June 2024Lital Barkan
Have you ever heard that user-generated content or video testimonials can take your brand to the next level? We will explore how you can effectively use video testimonials to leverage and boost your sales, content strategy, and increase your CRM data.🤯
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Building Your Employer Brand with Social MediaLuanWise
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In this keynote, Luan Wise will provide invaluable insights to elevate your employer brand on social media platforms including LinkedIn, Facebook, Instagram, X (formerly Twitter) and TikTok. You'll learn how compelling content can authentically showcase your company culture, values, and employee experiences to support your talent acquisition and retention objectives. Additionally, you'll understand the power of employee advocacy to amplify reach and engagement – helping to position your organization as an employer of choice in today's competitive talent landscape.
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Eco 550 week 9 quiz
1. ECO 550 Week 9 Quiz
Click this link to get the tutorial:
http://homeworkfox.com/tutorials/economics/4290/eco-550-
week-9-quiz/
Question 1
1. The following is an organization chart depicting a single row of individuals A, B, and C.
Figure 13-1
Identify the statement which is true of the organization depicted in this figure? Answer
There is a strong linkage between the individuals represented in the chart.
It is a sole proprietorship firm.
The above organization chart depicts a U-form firm.
Team production is unimportant in this organization.
Question 2
1. In which of the following cases will centralization of decision making be appropriate?
When different departments in an organization function separately without much interrelation.
When information necessary for the decision making process originates from a variety of
sources.
When the organization expands in size and its activities become more complex.
When all the information comes from an external source.
Question 3
1. Refer to Figure 13-2. Identify the structure of Z Corp.
The following is the organization chart of Z Corp.
Figure 13-2
U-form
M-form
2. Mixed organization
Matrix organization
Question 4
1. When each box in an organization chart contains individuals who specialize in some field,
then the activities in the organization are categorized by _____.
divisionalization
functionalization
decentralization
de-integration
Question 5
1. One of the disadvantages of an organization which has a matrix structure is that:
each individual reports to one boss, causing excess flow of information to one individual.
flow of information is difficult when operations are so highly diversified.
each individual has two bosses whose interests may not be aligned.
there are limits to the information a firm’s headquarters can use effectively in making decisions.
Question 6
1. Which of the following was a consequence of the financial revolution which drastically
changed risk management in the 1970s?
Managements created separate categories for handling different types of risks.
A group of specialists were created who handled risk assessment for the entire organization and
reported only to headquarters.
Risk analysis was decentralized by concentrating on risks at the division-level.
It became easier to assess market risk with the introduction of various new tools of financial
management.
Question 7
3. 1. The late business historian Alfred Chandler blamed Britain’s competitive difficulties in the
early twentieth century on:
the structure of the firms.
the removal of trade barriers.
the lack of innovation.
inefficient transfer of information within firms.
Question 8
1. Orders can lose accuracy:
if they are too complicated.
as they are transmitted within the organization.
in organizations where decision-making is decentralized.
unless they are given to the right recipient.
Question 9
1. Joanne can choose to selectively disclose information to her superiors in an attempt to elicit
decisions in her favor if:
the information is easily available to all.
she is the only source of the information concerned.
the information is easily verifiable.
there are other sources of the same information in the firm.
Question 10
1. The information to be gathered for a decision depends on which of the following?
The current market conditions and on the expected costs and benefits of acquiring the
information.
The model that underlies a decision and on the expected costs and benefits of acquiring the
information.
4. The cost of the information and the current market conditions.
The model that underlies a decision and the amount of information that is internally available.
Question 11
1. Categorization of activities in an organization along product or geographic lines is called:
globalization.
decentralization.
functionalization.
divisionalization.
Question 12
1. Axis Group has a publishing house, operates in the sports gear market, and owns a coffee
plantation. A board of directors is responsible for the overall performance of the group. Identify
the correct statement from the following.
The board will be responsible for all decision-making process.
The board will be in the best position to solve even a minor problem at the coffee plantation.
The sports gear firm’s risk assessment team will also be responsible for assessing market risk for
the group’s other functional areas.
Decisions for the publishing house are likely to be taken by the individuals who head it, rather
than the board of directors heading the entire group.
Question 13
1. _____ is the only type of firm where it is possible for a person to hold all of the information
that matters for all types of decisions.
Corporation
A firm where decision-making is centralized
Sole proprietorship
A firm where there is separation of ownership and management
Question 14
5. 1. General Motors was able to gain advantage over Ford in the 1920s primarily because:
the latter failed to adapt its product policy and organization structure to meet the demands of the
changing market.
the former had always been an M-form and better managed organization.
the latter charged higher prices for its cars than General Motors.
the former was vertically integrated with better control over its input production than Ford.
Question 15
1. The method of payment that a principal can use to elicit effort from an agent is called:
a contract.
an order.
an incentive.
garbling.
Question 16
2. _____, uncertainty, and risk of opportunism are the three major reasons due to which U.S.
Steel prefers to own its mines, enrichment facilities, and ore carriers.
Involuntary transactions
Transaction costs
Nonspecificity of assets
Trademark and credibility
Question 17
2. If there is a low degree of uncertainty combined with a low degree of asset specificity, _____
will be efficient.
long-term contracts
short-term contracts
market transactions
6. vertical integration
Question 18
2. Which of the following exemplifies an opportunistic behavior by a franchisor arising out of
incompleteness or ambiguity in a contract?
Providing inferior service in an attempt to cut operating costs.
Terminating a well-operated franchisee and converting the establishment into a profitable
company-owned outlet.
Fixing exorbitant prices for products having relatively elastic demand.
Terminating a franchisee who had been using the company brand name to endorse products that
the agreement says it cannot.
Question 19
2. Firms generally prefer not to outsource product design and manufacturing because:
these activities are common and standardized.
these operations are more or less static.
these operations involve a low investment.
these operations require investment in highly specific assets.
Question 20
2. _____ increases with the variability of outcomes and the underlying degree of randomness in
the environment that can affect a business relationship.
The problem of double marginalization
Asset specificity
Uncertainty
Volumetric interdependence
Question 21
2. The invention of the Bessemer converter in 1856:
7. increased the cost of continuous and coordinated operations of a steel industry.
motivated downstream integration of the steel industry into coal mining.
increased the efficient scale of steel production.
increased volumetric interdependence between different stages of steel production.
Question 22
2. _____ improves exchangeability, and reduces the cost of obtaining information about a good
and about the parties involved in the transaction.
De-integration
Outsourcing
Vertical integration
Standardization
Question 23
2. During the peak season, when demand for pipeline transport of natural gas at the maximum
legally allowable price exceeds the available capacity:
buy-sell transactions take place.
pipeline owners vertically integrate into gas production.
price discrimination becomes prominent.
pipeline owners use discretionary powers to ration capacity to shippers.
Question 24
2. Which of the following is an advantage of mini-mills over vertically integrated giant mills?
The small size of mini-mills ensures economies of scale in steel production.
The small furnaces used in mini-mills depend less on coal and more on electricity.
The mini-mills do not require integration of casting and milling activities.
The small furnaces used by mini-mills can be operated as per the producer’s will.
8. Question 25
2. Identify the reason why U.S. Steel prefers to own iron ore mines.
It helps them to coordinate iron ore transport and furnace operations.
It reduces the company’s raw material costs.
It helps them to inspect the quality of the ore.
It reduces the competition the company faces in the world steel market.
Question 26
2. Which of the following transactions can be categorized as outsourcing?
A U.S. furniture manufacturer buying a lumber facility.
A U.S. firm transferring some of its operations to its new subsidiary in India.
Nike selling its sportswear to customers through its franchisees across the world.
A U.S. cosmetics firm using an advertising agency to market its products.
Question 27
2. In order to lessen the monitoring problems and opportunistic behavior of a franchisor and a
franchisee, franchise contracts:
create provisions for high liquidated damages.
are complete in all respect.
have similar fixed charge and royalty arrangements.
include certain flexible clauses.
Question 28
2. The arrival of inexpensive information technology, such as personal computers and
inexpensive telecommunications:
discouraged de-integration.
increased the optimal size of firms.
9. shifted the long-run average cost (LRAC) curve of firms downward.
shifted the marginal cost of firms upward.
Question 29
2. Although U.S. Steel is integrated into iron ore mining, it currently does not own any of the
mines that supply its coking coal because:
the company has a high requirement of coking coal which cannot be supplied by a single mine.
the coal prices are highly unpredictable and volatile.
there are a limited number of coal suppliers.
futures and options markets are available for coal.
Question 30
2. Which of the following exemplifies a vertical restraint imposed by a franchisor in a contract?
A clause prohibiting a franchisee from using the company trademark to support a political
candidate.
A clause prohibiting a franchisee from announcing special offers during Christmas to attract
customers.
A clause prohibiting a franchisee from bundling two products of the same company.
A clause stating the target sales to be achieved by the company during an accounting year.