Introduction to Business
OER 2018 Edition
ISBN: 9781947172548
Author: OpenStax
Publisher: OpenStax College
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Textbook Question
Chapter 7.8, Problem 3CC
What are some organizational issues that must be addressed when two firms merge?
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It is generally assumed that all organizations exist for the same basic reasons and that this purpose is self-evident. However, there is extensive disagreement about what the current purposes of organisations are, and especially about what their purposes should be. Some people argue that it is the business of business to make money. In their view, firms are owned by shareholders and therefore should pursue shareholders’ interests. On the other hand, others believe that companies exist to serve the interests of multiple stakeholders. In their opinion, having a financial stake in a firm should not give shareholders a dominant position vis-à-vis other groups that also have an interest in what the organization does. Discuss in the context of the Shareholder Value versus the Stakeholder Values Perspective.
Chapter 7 Solutions
Introduction to Business
Ch. 7.1 - How does specialization lead to greater efficiency...Ch. 7.1 - What are the five types of departmentalization.Ch. 7.2 - Why does the matrix structure have a dual chain of...Ch. 7.2 - Why does a matrix structure increase power...Ch. 7.2 - What are advantages of a committee structure?...Ch. 7.3 - What is the difference between a work team and a...Ch. 7.3 - Identify and describe three types of work teams.Ch. 7.3 - What are some ways to build a high-performance...Ch. 7.4 - How does the chain of command clarify reporting...Ch. 7.4 - What is the role of a staff position in a...
Ch. 7.4 - What factors determine the optimal span of...Ch. 7.5 - What are the characteristic of a centralized...Ch. 7.5 - What are the benefits of a decentralized...Ch. 7.5 - What factors should be considered when choosing...Ch. 7.6 - Compare and contrast mechanistic and organic...Ch. 7.6 - What factors determine whether an organization...Ch. 7.7 - What is the informal organization?Ch. 7.7 - How can informal channels of communication be used...Ch. 7.8 - How does technology enable firms to organize as...Ch. 7.8 - What effect could the gig economy have on a...Ch. 7.8 - What are some organizational issues that must be...Ch. 7 - Training IT Replacements Recently the University...Ch. 7 - Given the lack of formal structure, how important...Ch. 7 - Is W.L. Gore a mechanistic or an organic...Ch. 7 - How do you think Gore's flat organizational...
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