Acumen is defined as the ability to make good judgments and quick decisions because of keenness in perception or discernment. Often when managers discuss business acumen, they are referring to an understanding of a firm's financial, accounting, or marketing status. However, managers also need acumen for understanding how organizations are designed to achieve strategic objectives. Please respond True or False to the following statements to assess your acumen in understanding the design of an organization.

1. I can identify the three functions of an organization.
2. I understand how organizations employ different mechanisms to control behavior.
3. I can differentiate between a decentralized organization and a centralized organization.
4. I understand why organizations are designed for the division of labor.
5. I know why job specialization is an organizational design consideration.
6. I can give examples of coordinating mechanisms that organizations use.
7. I acknowledge that organizations have informal structures for getting work done that may not be documented.
8. I recognize that there are advantages and disadvantages associated with different types of organizational structures.
9. I am familiar with how the design of an organization may change over its life cycle.
10. I understand how some organizations are designed for flexibility to better serve customers

If you answered True to the majority of these statements, you have begun to develop acumen for understanding how organizations are designed to achieve their objectives.

Describe your results.