Question 1.1.Which of the following is an example of an organization? (Points :

John Smith

6 years ago

Question
9.9._____ is the form of
international business agreement in which two or more firms have an equity
stake in an operation. (Points : 4)
International brokering
Direct investment
A strategic alliance
A joint venture
Question
10.10. With whom is the United
States involved in a mature market system? (Points : 4)
The Latin American Integration Association
The Caribbean Common Market
Canada and Mexico
Pacific Asia
Question
11.11. You have decided to
become a small business owner. On your business plan, you state that you will
be offering high-quality products with the best customer service. What does
this statement in your business plan represent? (Points : 4)
An operational plan
A mission statement
A strategic plan
A tactical plan
Question
12.12. If Delta Airlines decides
to buy a regional carrier, this would be an example of a(n) _____ plan. (Points
: 4)
Operational
Strategic
Tactical
Contingency
Question
13.13.
When dealing with the strategic planning for an organization, the
_____ is the single most important individual in the planning process. (Points
: 4)
Chief executive officer
Chief legal counsel
Head of planning task force
Chief financial officer
Question
14.14. Identify the statement
that is TRUE when comparing large and small businesses. (Points : 4)
Big businesses outnumber small businesses by a wide margin
Small businesses show consistently lower financial performance
than big businesses
Business success creates jobs regardless of size.
Small business formations are on the decline, but the rate for big businesses
is increasing.
Question
15.15. Due to cost and other
factors, for which of the following industries are you LEAST likely to find a
small business owner? (Points : 4)
Transportation
Service
Retailing
Manufacturing

Question
16.16. Which is the most popular
source of funds for a small business? (Points : 4)
Bank
loans
Personal
financial resources
Money
from venture capitalists
Issuing
stock in the business
Question
17.17.Which of the following is
not a characteristic of the new economy? (Points : 4)
Job opportunities are for knowledge workers.
Business accepts its social responsibilities.
National borders limit competition.
Customer needs drive business.
Question
18.18. Plans that apply to the
entire organization, establish the organization’s overall objectives, are
called _____ plans. (Points : 4)
Operational
Tactical
Strategic
Specific

Question
19.19. As more employees
telecommute (do their work from home), managerial emphasis will be on the:
(Points : 4)
Control of working hours.
Means by which work is accomplished
Sources of managerial power
Final output
Question
20.20.When uncertainty is high
and management must maintain flexibility, which of the following types of plans
are preferable? (Points : 4)
Long-term plans
No plans
Directional plans
Specific plans
Question
21.21. The greater the
uncertainty, the more plans should be of the _____ variety. (Points : 4)
Long-term
Short-term
Intermediate in length
Rigid
Question
22.22. Business ethics deals
primarily with (Points: 4)
Social responsibility
The pricing of products and services
Moral obligation
Being unfair to the competition
Question
23.23. The statement that
answers the question, “what business are we in,” is best described by
which of the following? (Points : 4)
Strategic
plan
Mission
Strategic
purpose
Tactical
objective
Question
24.24. A company that is
assessing its large capital, skilled workers, and many patents is analyzing
which of the following? (Points : 4)
Strength
Weakness
Opportunity
Threat
When
Northwest Airlines begins providing “car rental upgrade” to their
business frequent flyers, which of the following business strategies it is
pursuing? (Points : 4)
Limitation
Focus
Sticking
to core competencies
domination
Question
26.26.What skill centers on a
manager’s mental ability to coordinate all of the organization’s interests and
activities? (Points : 4)
Conceptual
Interpersonal
Technical
political
Question
27.27. The Major contributor to
employee theft is (Points : 4)
Employee poverty.
Management ethical climate perceived to be lenient
Management ethical climate with rigid attitudes
The lack of year-end bonuses
Question
28.28. Team leader Gary is
scheduled to prepare a performance of Lisa, a team member who also happens to
be his wife’s closest friend. The ethical temptation Gary faces is (Points : 4)
Sexual harassment.
Misuse of corporate resources
Dealing with confidential information
Conflict of interest.
Question
29.29.The stakeholder view of
social responsibility states that organizations must respond to the needs of
(Points : 4)
Employees and customers.
Shareholders and owners.
All interested and involve parties
All those who might sue the organization.
Question
30.30.Which one of the following
approaches to creating an ethical and socially responsible workplace is likely
to be the most powerful? (Points : 4)
Passing out buttons with the statement “Just Say No to Bad
Ethics”
Placing posters about ethics throughout the organization
Top management acting as models of the right behaviour
Including a statement about ethics and social responsibility in
the employee handbook
Question
31.31.A firm is said to have
good corporate social performance when (Points : 4)
Stockholders invest in socially responsible causes.
Workers are well paid and layoffs are minimized
The company has not been convicted of ethical violations for five
consecutive years.
Stakeholders are satisfied with its level of social
responsibility.
Question
32.32. Which of the following is
an argument against formal planning? (Points : 4)
Planning focuses on the future.
Planning may create rigidity.
Planning replaces creativity
Planning ignores prior successes
Question
33.33.Tim’s Company is analyzing
the technology that allows it to produce wireless communication equipment for
less money. This technological breakthrough for Tim’s Company is which of the
following? (Points : 4)
Strength
Weakness
Opportunity
Threat

Question
34.34. Larry’s Company is in the
process of buying a smaller competitor and incorporating that company’s
resources into his business. This is an example of which of the following types
of strategies? (Points : 4)
Domination
Sticking
to core competencies
Strategic
alliances
Redefining
the industry
Question
35.35. Why people do not like
change? (Points : 4)
Fear of losing something already possessed
Change substitute’s ambiguity and uncertainty for the known
The time and effort they invest in learning the existing system
All of the above

Question
1.1.Which of the following is an
example of an organization?
(Points : 4)The Department of CommerceApple Inc.The American Red CrossAll of the aboveQuestion
2.2. In the National Football
League, the promotional ads are a(n) _____ resource. (Points : 4)InternationalPhysicalInformationalhumanQuestion
3.3. Which of the following
correctly lists all of the basic management functions? (Points : 4)Planning and decision making, organizing, leading, and controllingPlanning, decision making, organizing, and controllingPlanning and decision making, leading, and organizingDecision making, controlling, leading, and coordinatingQuestion
4.4. The Ford Motor Company sold
an auto parts company because profitability was low. The main environmental
dimension considered was (Points : 4)Sociocultural.Technological.
Economic.Political/legalQuestion
5.5.The degree to which an
organization is impacted by or involved in businesses in other countries refers
to its (Points : 4)Political/legal dimension.International environment.Economic dimension.Sociocultural dimension.Question
6.6.Which of the following is
the MOST common approach to the management of ethics? (Points : 4)Top management supportAn unwritten code of ethicsA written code of ethics and top management supportGovernment regulationQuestion
7.7. Identify the statement
below that is NOT one of the arguments offered in favor of social
responsibility. (Points : 4)A business should fix the problems it creates.Corporations have many of the same obligations and privileges as
private citizens.A business is a partner in society with the government and the
general population.Business executives are uniquely qualified to make decisions such
as these.Question
8.8. Which of the following is
usually has the least amount of risk as an international business? (Points : 4)Licensing strategyJoint ventureImporting/exporting strategyDirect investmentQuestion
9.9._____ is the form of
international business agreement in which two or more firms have an equity
stake in an operation. (Points : 4)International brokeringDirect investmentA strategic allianceA joint ventureQuestion
10.10. With whom is the United
States involved in a mature market system? (Points : 4)The Latin American Integration AssociationThe Caribbean Common Market
Canada and MexicoPacific Asia
Question
11.11. You have decided to
become a small business owner. On your business plan, you state that you will
be offering high-quality products with the best customer service. What does
this statement in your business plan represent? (Points : 4)An operational planA mission statementA strategic planA tactical planQuestion
12.12. If Delta Airlines decides
to buy a regional carrier, this would be an example of a(n) _____ plan. (Points
: 4)OperationalStrategicTacticalContingencyQuestion
13.13.
When dealing with the strategic planning for an organization, the
_____ is the single most important individual in the planning process. (Points
: 4)Chief executive officerChief legal counselHead of planning task forceChief financial officer
Question
14.14. Identify the statement
that is TRUE when comparing large and small businesses. (Points : 4)Big businesses outnumber small businesses by a wide marginSmall businesses show consistently lower financial performance
than big businessesBusiness success creates jobs regardless of size.
Small business formations are on the decline, but the rate for big businesses
is increasing.
Question
15.15. Due to cost and other
factors, for which of the following industries are you LEAST likely to find a
small business owner? (Points : 4)TransportationServiceRetailingManufacturing
Question
16.16. Which is the most popular
source of funds for a small business? (Points : 4)Bank
loansPersonal
financial resourcesMoney
from venture capitalistsIssuing
stock in the businessQuestion
17.17.Which of the following is
not a characteristic of the new economy? (Points : 4)Job opportunities are for knowledge workers.
Business accepts its social responsibilities.National borders limit competition.Customer needs drive business.
Question
18.18. Plans that apply to the
entire organization, establish the organization’s overall objectives, are
called _____ plans. (Points : 4)OperationalTacticalStrategicSpecific
Question
19.19. As more employees
telecommute (do their work from home), managerial emphasis will be on the:
(Points : 4)Control of working hours.Means by which work is accomplishedSources of managerial powerFinal outputQuestion
20.20.When uncertainty is high
and management must maintain flexibility, which of the following types of plans
are preferable? (Points : 4)Long-term plansNo plansDirectional plansSpecific plans
Question
21.21. The greater the
uncertainty, the more plans should be of the _____ variety. (Points : 4)Long-termShort-termIntermediate in lengthRigidQuestion
22.22. Business ethics deals
primarily with (Points: 4)Social responsibilityThe pricing of products and servicesMoral obligationBeing unfair to the competitionQuestion
23.23. The statement that
answers the question, “what business are we in,” is best described by
which of the following? (Points : 4)Strategic
planMissionStrategic
purposeTactical
objectiveQuestion
24.24. A company that is
assessing its large capital, skilled workers, and many patents is analyzing
which of the following? (Points : 4)StrengthWeaknessOpportunityThreatWhen
Northwest Airlines begins providing “car rental upgrade” to their
business frequent flyers, which of the following business strategies it is
pursuing? (Points : 4)LimitationFocusSticking
to core competenciesdominationQuestion
26.26.What skill centers on a
manager’s mental ability to coordinate all of the organization’s interests and
activities? (Points : 4)ConceptualInterpersonalTechnicalpoliticalQuestion
27.27. The Major contributor to
employee theft is (Points : 4)Employee poverty.
Management ethical climate perceived to be lenientManagement ethical climate with rigid attitudes
The lack of year-end bonusesQuestion
28.28. Team leader Gary is
scheduled to prepare a performance of Lisa, a team member who also happens to
be his wife’s closest friend. The ethical temptation Gary faces is (Points : 4)Sexual harassment.Misuse of corporate resourcesDealing with confidential informationConflict of interest.
Question
29.29.The stakeholder view of
social responsibility states that organizations must respond to the needs of
(Points : 4)Employees and customers.Shareholders and owners.All interested and involve partiesAll those who might sue the organization.
Question
30.30.Which one of the following
approaches to creating an ethical and socially responsible workplace is likely
to be the most powerful? (Points : 4)Passing out buttons with the statement “Just Say No to Bad
Ethics”Placing posters about ethics throughout the organization
Top management acting as models of the right behaviourIncluding a statement about ethics and social responsibility in
the employee handbookQuestion
31.31.A firm is said to have
good corporate social performance when (Points : 4)Stockholders invest in socially responsible causes.Workers are well paid and layoffs are minimizedThe company has not been convicted of ethical violations for five
consecutive years.Stakeholders are satisfied with its level of social
responsibility.
Question
32.32. Which of the following is
an argument against formal planning? (Points : 4)Planning focuses on the future.Planning may create rigidity.
Planning replaces creativityPlanning ignores prior successesQuestion
33.33.Tim’s Company is analyzing
the technology that allows it to produce wireless communication equipment for
less money. This technological breakthrough for Tim’s Company is which of the
following? (Points : 4)StrengthWeaknessOpportunityThreatQuestion
34.34. Larry’s Company is in the
process of buying a smaller competitor and incorporating that company’s
resources into his business. This is an example of which of the following types
of strategies? (Points : 4)DominationSticking
to core competenciesStrategic
alliancesRedefining
the industryQuestion
35.35. Why people do not like
change? (Points : 4)Fear of losing something already possessedChange substitute’s ambiguity and uncertainty for the knownThe time and effort they invest in learning the existing systemAll of the above