A group of managers meets face-to-face and generates and debates a wide variety of alternatives from which to make a decision. What is this process of decision making called?

Allocating authority in an organization, which gives lower-level managers and nonmanagerial employees the right to make important decisions about how to use organizational resources, is an example of:

One of the reasons to increase product quality is that higher product quality can increase efficiency, _______________ operating costs, and _______________ profits.

Total factor productivity is a measure of an organization’s:

The current ratio is an example of a leverage ratio of the organization.

When an issue is controversial and when different managers might be expected to champion different courses of action, which of the following is the preferred technique for encouraging creativity?

The idea that an organization’s hierarchy should be designed with as few levels of authority as are necessary to use the organization’s resources in an efficient and effective manner falls under which of the following principles?

A manager is attempting to determine whether she has both the capability and the resources to produce one of several possible new products. In the context of decision making, on which of the following criteria of alternative courses of action is she focusing?

Members of virtual teams rely on information technology. Virtual team members communicate and interact with one another in real time simultaneously using technology such as videoconferencing, teleconferencing, and electronic meetings. This type of technology is known as ___________.

At the functional level, the business-level plan provides the framework within which functional managers devise their plans.