Describe the characteristics, advantages, and disadvantages of a virtual organization
What will be an ideal response?
A virtual organization is typically a small, core organization that outsources major business functions. In structural terms, the virtual organization is highly centralized, with little or no departmentalization. In essence, managers in virtual structures spend most of their time coordinating and controlling external relations, typically by way of computer-network links.
The major advantage of the virtual organization is its flexibility, which allows individuals with an innovative idea and little money to successfully compete against larger corporations.
A major drawback of virtual organizations is that they are in a state of perpetual flux and reorganization, which means roles, goals, and responsibilities are unclear: This sets the stage for political behavior. In a virtual organization, cultural alignment and shared goals can be lost because of the low degree of interaction among members. Team members who are geographically dispersed and communicate only intermittently find it difficult to share information and knowledge, which can limit innovation and slow response time.
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Which of the following is not one of the controls for the mail room where customer payments are commingled with other mail?
A) Requiring the controller to be personally present when mail is received and opened B) Preparing a remittance list as mail is opened C) Restrictively endorsing checks when received D) Requiring two mail room clerks to open mail together
A potential problem with relying on goals to motivate workers is that
a. they might use unethical means to attain goals. b. they might receive praise from a supervisor. c. they might receive a sense of satisfaction from a job well done. d. it might lead to turnover.