MGMT
303 Week 8 Final Exam 1
1. (TCO1) A CEO of a local newspaper has
noticed that the advertising and subscription revenue has been decreasing. The
CEO sets a goal of stopping the decline. The CEO is engaged in

2. (TCO 2) State supported universities receive
money from state tax payers. Harvard University’s endowment is so large that
Harvard is guaranteed significant income just from the interest the fund
generates. The ____ dimension of these competitors is different.

3. (TCO 2) The expiration of a pharmaceutical
drug patent allows generic drug makers to introduce the same chemical compound
under a different name and at lower prices. This is an example of ____ for the
developer of the original drug.

4. (TCO3) New York passed a law requiring no
smoking in bars and restaurants. Owners who pressure bartenders and waiters to
sell to people who are smoking in order to keep profits high are taking
a(n)____ stance toward social responsibility.

5. (TCO4) Coca-Cola is based out of Atlanta
but reaches into hundreds of countries. The product is locally packaged, but
the cola inside is essentially the same throughout the world. Coca-Cola is
edging closer to being a(n) ____ business.

6. (TCO4) Eric, an American, is an executive
coach at Boeing. One of the executives he coaches is from India. Their diverse
backgrounds add variety and create more solutions for management challenges.
This illustrates the ____ argument.

7. (TCO5)The ____ of Applebee’s is to gain
“weekly repeat guests through providing surprisingly friendly hospitality,
superior quality food, and world class service and value.”

8. (TCO5) GE competes in industries ranging
from medical devices to appliances to television networks. GE’s mixed strategy
is an example of ____ strategy.

9. (TCO6)Jay wants to start a new business. With
which of the following methods of starting a new business will he pay a share
of the income from the business in return for the use of such things as
trademarks and business formulas?

10. (TCO7)Sears has departments for clothing, tools,
jewelry, and home goods. This is an example of departmentalization by

11. (TCO7)Andrea had worked in the marketing
department for 27 years. She knows the history and successes of the office
better than any other employee. When change is suggested, she is reluctant
because she remembers accomplishments related to the current way of doing
things. As a result of ____, she is resistant to change.

12. (TCO8) Fairway Green Inc. has added a
lucrative retirement plan for its employees that includes medical benefits
for retirees. These benefits target which level of need in Maslow’s
hierarchy?
13. (TCO8) A mid-level manager has power within
an organization due to the management position she occupies. This kind of power
is known as ____ power.

14. (TCO9)You are a member of a self-managed team;
the team has been experiencing interpersonal conflict among its members. Which
of the following techniques could you use to eliminate the interpersonal
conflict that is occurring within the self-managed team?

15. (TCO10)The credit crisis and the Federal
Reserve’s response to it faced criticism from Congress. The Treasury Department
requested a review of the central bank’s structure and governance. There is now
broad support for auditing the Fed using the Government Accounting Office. The
change in the economic and political environment of the Fed means the Fed needs
to adapt its ____ control.

MGMT 303 Final Exam

1. (TCO1)When the dean of the college of business
downsized the college from five departments to four departments, the dean
primarily was performing the ____ function of management. (Points :
2)

2. (TCO 2) State supported universities receive
money from state tax payers. Harvard University’s endowment is so large that
Harvard is guaranteed significant income just from the interest the fund
generates. The ____ dimension of these competitors is different. (Points :
2)

3. (TCO
2) The expiration of a
pharmaceutical drug patent allows generic drug makers to introduce the same
chemical compound under a different name and at lower prices. This is an
example of ____ for the developer of the original drug. (Points : 2)

4. (TCO3)New York passed a law requiring no smoking in bars and
restaurants. Owners who pressure bartenders and waiters to sell to people who
are smoking in order to keep profits high are taking a(n)____ stance toward
social responsibility. (Points : 2)

5. (TCO4) Coca-Cola is based out of Atlanta but reaches into
hundreds of countries. The product is locally packaged, but the cola inside is
essentially the same throughout the world. Coca-Cola is edging closer to being
a(n) ____ business. (Points : 2)

6. (TCO4)The growth of multinational corporations has left little
room for distinction. Any perceived competitive advantage is quickly copied.
However, an area for competitive advantage remains in the level of ____
organizations attract, motivate, and retain. (Points : 2)

7. (TCO5) The
____ of Applebee’s is to gain “weekly repeat guests through providing
surprisingly friendly hospitality, superior quality food, and world class
service and value.” (Points : 2)MGMT
303 Week 8 Final Exam 11. (TCO1) A CEO of a local newspaper has
noticed that the advertising and subscription revenue has been decreasing. The
CEO sets a goal of stopping the decline. The CEO is engaged in2. (TCO 2) State supported universities receive
money from state tax payers. Harvard University’s endowment is so large that
Harvard is guaranteed significant income just from the interest the fund
generates. The ____ dimension of these competitors is different.3. (TCO 2) The expiration of a pharmaceutical
drug patent allows generic drug makers to introduce the same chemical compound
under a different name and at lower prices. This is an example of ____ for the
developer of the original drug.4. (TCO3) New York passed a law requiring no
smoking in bars and restaurants. Owners who pressure bartenders and waiters to
sell to people who are smoking in order to keep profits high are taking
a(n)____ stance toward social responsibility.5. (TCO4) Coca-Cola is based out of Atlanta
but reaches into hundreds of countries. The product is locally packaged, but
the cola inside is essentially the same throughout the world. Coca-Cola is
edging closer to being a(n) ____ business.6. (TCO4) Eric, an American, is an executive
coach at Boeing. One of the executives he coaches is from India. Their diverse
backgrounds add variety and create more solutions for management challenges.
This illustrates the ____ argument.7. (TCO5)The ____ of Applebee’s is to gain
“weekly repeat guests through providing surprisingly friendly hospitality,
superior quality food, and world class service and value.”8. (TCO5) GE competes in industries ranging
from medical devices to appliances to television networks. GE’s mixed strategy
is an example of ____ strategy.9. (TCO6)Jay wants to start a new business. With
which of the following methods of starting a new business will he pay a share
of the income from the business in return for the use of such things as
trademarks and business formulas?10. (TCO7)Sears has departments for clothing, tools,
jewelry, and home goods. This is an example of departmentalization by11. (TCO7)Andrea had worked in the marketing
department for 27 years. She knows the history and successes of the office
better than any other employee. When change is suggested, she is reluctant
because she remembers accomplishments related to the current way of doing
things. As a result of ____, she is resistant to change.12. (TCO8) Fairway Green Inc. has added a
lucrative retirement plan for its employees that includes medical benefits
for retirees. These benefits target which level of need in Maslow’s
hierarchy?13. (TCO8) A mid-level manager has power within
an organization due to the management position she occupies. This kind of power
is known as ____ power.14. (TCO9)You are a member of a self-managed team;
the team has been experiencing interpersonal conflict among its members. Which
of the following techniques could you use to eliminate the interpersonal
conflict that is occurring within the self-managed team?15. (TCO10)The credit crisis and the Federal
Reserve’s response to it faced criticism from Congress. The Treasury Department
requested a review of the central bank’s structure and governance. There is now
broad support for auditing the Fed using the Government Accounting Office. The
change in the economic and political environment of the Fed means the Fed needs
to adapt its ____ control.MGMT 303 Final Exam1. (TCO1)When the dean of the college of business
downsized the college from five departments to four departments, the dean
primarily was performing the ____ function of management. (Points :
2) 2. (TCO 2) State supported universities receive
money from state tax payers. Harvard University’s endowment is so large that
Harvard is guaranteed significant income just from the interest the fund
generates. The ____ dimension of these competitors is different. (Points :
2)3. (TCO
2) The expiration of a
pharmaceutical drug patent allows generic drug makers to introduce the same
chemical compound under a different name and at lower prices. This is an
example of ____ for the developer of the original drug. (Points : 2)
4. (TCO3)New York passed a law requiring no smoking in bars and
restaurants. Owners who pressure bartenders and waiters to sell to people who
are smoking in order to keep profits high are taking a(n)____ stance toward
social responsibility. (Points : 2)5. (TCO4) Coca-Cola is based out of Atlanta but reaches into
hundreds of countries. The product is locally packaged, but the cola inside is
essentially the same throughout the world. Coca-Cola is edging closer to being
a(n) ____ business. (Points : 2)6. (TCO4)The growth of multinational corporations has left little
room for distinction. Any perceived competitive advantage is quickly copied.
However, an area for competitive advantage remains in the level of ____
organizations attract, motivate, and retain. (Points : 2)7. (TCO5) The
____ of Applebee’s is to gain “weekly repeat guests through providing
surprisingly friendly hospitality, superior quality food, and world class
service and value.” (Points : 2)