Organizational Structures & Governance Chapter Exam

Exam Instructions:

Choose your answers to the questions and click 'Next' to see the next set of questions. You can skip questions if you would like and come back to them later with the yellow "Go To First Skipped Question" button. When you have completed the practice exam, a green submit button will appear. Click it to see your results. Good luck!

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Question 1 1. If an organization has a range of complex technical products that need certain expertise and understanding, which of the following structures would work best?

Question 2 2. If a company is looking for a structure that develops specialists in human resources, marketing, and production, which of the following structures would be best?

Question 3 3. In which of the following situations would a project structure be unsuitable?

Question 4 4. Which type of structure might lead to employees trying to destroy the work of other employees?

Question 5 5. The CEO (Chief Executive Officer) is tasked with what in a company?

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Question 6 6. Who are the shareholders in a company?

Question 7 7. What is the governing body of a corporation/organization called?

Question 8 8. What is the primary force affecting internal policies of a company?

Question 9 9. How does organizational strategy affect organizational structure?

Question 10 10. Why does an organic structure work best for an innovation strategy?

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Question 11 11. How does a mechanistic structure differ from an organic structure?

Question 12 12. A small business sells computers directly to customers. It does not incorporate excessive innovation and spends little on advertising. The environment at the company is very informal and could best be described as organic. Why is this NOT a common cost minimization strategy?

Question 13 13. An influential party is asking that you check with her before asking project sponsors for funding. What should you do?

Question 14 14. Which of the following is a tool used to briefly summarize a situation and request approval?

Question 15 15. You have completed all necessary approvals for a major change to your portfolio. PMO, Sponsors, and the Board have all endorsed the decision and are in agreement. However, you still do not feel quite ready to move forward. Which is the most likely reason for the hesitation?

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Question 16 16. Of the following groups, which one may not have decision-making powers, but should be part of the communication path and approval process.

Question 17 17. The executive team at Sue's company are not emotionally willing to risk a market expansion. This would mean they have a low risk _____.

Question 18 18. Tim is the project manager. His project was not finished by the deadline. Tim decides to follow the escalation management plan that his company has in place. What should Tim do next?

Question 19 19. Kim is responsible for overseeing the projects within her portfolio. Her role and responsibility is: _____

Question 20 20. What is one of the elements of a portfolio management plan?

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Question 21 21. A portfolio management process that requires a 12% reserve to accommodate any unforeseen permitting or regulatory requirements is an example of the process for _____.

Question 22 22. A process for completing a _____ is one way to ensure that a project is feasible. This cannot be achieved until the ROI and resource analysis processes have been completed.

Question 23 23. In a project portfolio process, there should be a distinct and defined process for all of the following EXCEPT:

Question 24 24. The owner of five fast food restaurants has decided to increase the amount of hamburger patties on hand by 38%. The patties will come with her already-scheduled shipments. Which of the choices below best represents an indirect cost associated with the change?

Question 25 25. Portfolio management policies should always include a _____ in order to ensure that all stakeholders are participating in aspects of portfolio management that affect their roles.

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Question 26 26. After 11 years with the company, Taryn has been promoted to the role of store general manager. She was appointed when her predecessor was unable to turn around a 3 year-over-year loss. If Taryn wants to verify that her portfolio is on par with other organization's in the industry, she should reach out to _____.

Question 27 27. A portfolio's _____ is the framework used to determine who controls various components of the portfolio and its projects.

Question 28 28. Which of the following would automatically alert leadership when a variance crosses a specified threshold?

Question 29 29. What is the benefit of a flat company structure for strategy formulation?

Question 30 30. The primary function of the Board of Directors is?

Organizational Structures & Governance Chapter Exam Instructions

Choose your answers to the questions and click 'Next' to see the next set of questions. You can skip questions if you would like and come back to them later with the yellow "Go To First Skipped Question" button. When you have completed the practice exam, a green submit button will appear. Click it to see your results. Good luck!

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