True/False

1. Managers do not need to stay current with external developments or react to them effectively.
2. One disadvantage of using a group for decision making is groupthink.
3. Strategic goals are major targets or end results that relate to the long-term survival, value, and growth of the organization.
4. An organization's mission statement describes the organization's basic purpose.
5. Stakeholders are groups and individuals who affect and are affected by the achievement of the organizations mission, goals, and strategies.
6. A core competence is something a company does especially well relative to its competitors.
7. Businesses using a low-cost strategy attempt to be efficient and offer a standard, no-frills product.
8. Contingency plans might be called what if plans.
9. You can tell the culture and climate of an organization by looking at the organizational chart.
10. The purpose of organizational design is to create a design that will help manage three activities - communication, coordination, and control.
11. Control is defined as any process intended to correct problems that prevent the achievement of organizational goals.
12. Market control is the use of rules, regulations, and formal authority to guide performance.
13. Bureaucratic control is control based on the norms, values, shared goals, and trust among group members.
14. Standards are established in order to limit performance expectations.
15. A control system cannot be effective without consideration of how people will react to it.
16. If an employee believes his or her control system is overly controlling, that employee may exhibit dysfunctional behaviors.
17. Effective leadership can vary from situation to situation.
18. Decentralized authority allows those closest to problems and opportunities to make decisions.