ADM 2336 Final: ADM2336 - Chapter 14 Organizational Structure + Exam Review

Now that you have learned some of the basic principles of an organization, pause and think of where you have already applied such concepts yourself or when you have been involved with an organization that did.

1. Did you find that a division of labor was necessary and helpful?
2. Were you assigned specific tasks or were you left on your own to decide what to do?

What is the difference between MRP and ERP?

Look over Maslow's Hierarchy of Needs and try to determine where you are right now on the hierarchy. What needs of yours are not being met? How could a company go about meeting those needs and thus motivate you to work better and harder?

20) The marginal cost curve slopes downward at low outputs because of . The marginal cost curve eventually slopes upward because of A) greater specialization and division of labour; rising average fixed cost B) greater specialization and division of labour; the law of diminishing returns C) the law of diminishing returns; greater specialization and division of labour D) falling average fixed cost; the law of diminishing returns E) the law of diminishing returns; increasing average fixed cost

20) The marginal cost curve slopes downward at low outputs because of the marginal cost curve eventually slopes upward because of_ A) the law of diminishing returns; increasing average fixed cost B) the law of diminishing returns; greater specialization and division of labour C) greater specialization and division of labour; the law of diminishing returns D) falling average fixed cost; the law of diminishing returns E) greater specialization and division of labour; rising average fixed cost