1. Question
: Costco has been successful in part due to its unique approach to staffing.
Which of the following statements correctly explains its approach in this area?
Student Answer: Costco promotes employees with in-store experience
and sponsors them to take graduate-level business courses.
Costco hires only managers who have worked for its competitors.
Costco
holds employees jobs while they pursue business school degrees on their own.
Costco hires business school graduates directly out of college.
Question
2. Question : ________ is/are an example of a recession-sensitive industry,
while ________ is/are an example of a recession-proof industry.
Student Answer: toiletries; construction
auto
parts; air travel
air
travel; toiletries
toiletries;
auto parts
Question
3. Question : Which of the following expressions most closely
captures the essence of a strategic business unit?
Student Answer: the lifeblood of a company
a
company within a company
the
heart of a company
the
future of a company
Question
4. Question : Howard is the CEO of Run! Jump! Sing!, a chain of
indoor play gyms for toddlers and preschoolers. After repeatedly hearing from
gym staff that several children have been hurt in the bounce house play area,
Howard decides to remove all bounce houses from Run! Jump! Sing!
establishments. What kind of assessment is this most likely described as?
Student Answer: strategic assessment
tactical/functional
assessment
operational
assessment
external
environmental assessment
Question
5. Question : Diehard Sneakers quality control team analyzes how
often their product is returned because of defects. What kind of assessment is
this?
Student Answer: strategic assessment
tactical/functional
assessment
operational
assessment
external
environmental assessment
Question
6. Question : Which of the following is NOT considered an influential
social trend?
Student Answer: educational disparity
recession
gender
expectations
family
size
Question
7. Question : Before establishing her own dentist office, Dr. Thorton
evaluates other dentist services in the area. What element of a SWOT analysis
would other dentist services most closely represent?
Student Answer: strength
opportunity
threat
weakness
Question
8. Question : All of the following are considered noncontrollable
forces EXCEPT
Student Answer: social trends
technological
changes
local
communities
political
forces
Question
9. Question : Which of the following lists correctly identifies the
five management functions?
Student Answer: organizing, staffing, leading, controlling, and
financing
planning,
organizing, staffing, leading, and controlling
planning,
organizing, staffing, leading, and financing
planning,
staffing, leading, controlling, and budgeting
Question
10. Question : Which of the following is NOT a characteristic of
organization?
Student Answer: All organizations need at least one member.
All
organizations have a hierarchy of authority.
All
organizations divide tasks among their members.
All the members of an
organization share a common purpose or goal.1. Question
: Costco has been successful in part due to its unique approach to staffing.
Which of the following statements correctly explains its approach in this area?
Student Answer: Costco promotes employees with in-store experience
and sponsors them to take graduate-level business courses.
Costco hires only managers who have worked for its competitors.Costco
holds employees jobs while they pursue business school degrees on their own.
Costco hires business school graduates directly out of college.Question
2. Question : ________ is/are an example of a recession-sensitive industry,
while ________ is/are an example of a recession-proof industry.
Student Answer: toiletries; constructionauto
parts; air travelair
travel; toiletriestoiletries;
auto partsQuestion
3. Question : Which of the following expressions most closely
captures the essence of a strategic business unit?
Student Answer: the lifeblood of a companya
company within a companythe
heart of a companythe
future of a companyQuestion
4. Question : Howard is the CEO of Run! Jump! Sing!, a chain of
indoor play gyms for toddlers and preschoolers. After repeatedly hearing from
gym staff that several children have been hurt in the bounce house play area,
Howard decides to remove all bounce houses from Run! Jump! Sing!
establishments. What kind of assessment is this most likely described as?
Student Answer: strategic assessmenttactical/functional
assessmentoperational
assessmentexternal
environmental assessmentQuestion
5. Question : Diehard Sneakers quality control team analyzes how
often their product is returned because of defects. What kind of assessment is
this?
Student Answer: strategic assessmenttactical/functional
assessmentoperational
assessmentexternal
environmental assessmentQuestion
6. Question : Which of the following is NOT considered an influential
social trend?
Student Answer: educational disparityrecessiongender
expectationsfamily
sizeQuestion
7. Question : Before establishing her own dentist office, Dr. Thorton
evaluates other dentist services in the area. What element of a SWOT analysis
would other dentist services most closely represent?
Student Answer: strengthopportunitythreatweaknessQuestion
8. Question : All of the following are considered noncontrollable
forces EXCEPT
Student Answer: social trendstechnological
changeslocal
communitiespolitical
forcesQuestion
9. Question : Which of the following lists correctly identifies the
five management functions?
Student Answer: organizing, staffing, leading, controlling, and
financingplanning,
organizing, staffing, leading, and controllingplanning,
organizing, staffing, leading, and financingplanning,
staffing, leading, controlling, and budgetingQuestion
10. Question : Which of the following is NOT a characteristic of
organization?
Student Answer: All organizations need at least one member.All
organizations have a hierarchy of authority.All
organizations divide tasks among their members.All the members of an
organization share a common purpose or goal.