Question 1

What category of ratios measures how effectively a firm can maintain its economic position in the growth of the economy and industry?

Accepted Answer

A)  Profitability 
B)  Liquidity 
C)  Leverage 
D)  Activity 
E)  Growth 
A)  Profitability 
B)  Liquidity 
C)  Leverage 
D)  Activity 
E)  Growth E

Question 2

________ become(s)________ only when evaluated, filtered, condensed, analyzed, and organized for a specific purpose, problem, individual, or time.

Accepted Answer

A)  Information; data 
B)  Information; material 
C)  Data; information 
D)  Data; competitive advantages 
E)  Competitive advantages; material 
A)  Information; data 
B)  Information; material 
C)  Data; information 
D)  Data; competitive advantages 
E)  Competitive advantages; material C

Question 3

What marketing function includes test marketing?

Accepted Answer

A)  Selling products and services 
B)  Pricing 
C)  Customer analysis 
D)  Product and service planning 
E)  Distribution 
A)  Selling products and services 
B)  Pricing 
C)  Customer analysis 
D)  Product and service planning 
E)  Distribution D

Question 4

The total assets turnover ratio is calculated by dividing sales by fixed assets.

Accepted Answer

A) True 
 B)False

Question 5

Metaphors are handed-down narratives of some wonderful event that are based on history but have been embellished with fictional detail.

Accepted Answer

A) True 
 B)False

Question 6

According to James Van Horne the basic decision areas of finance are: the investment decision, the financing decision, and the dividend decision.

Accepted Answer

A) True 
 B)False

Question 7

The Internal Factor Evaluation Matrix should use a total of 20 internal factors.

Accepted Answer

A) True 
 B)False

Question 8

Established companies are coming to realize that their next generation of potential customers spends more time online than watching TV.

Accepted Answer

A) True 
 B)False

Question 9

Which of the following are NOT mentioned as an example of cultural products?

Accepted Answer

A)  Rites 
B)  Emotions 
C)  Rituals 
D)  Sagas 
E)  Symbols 
A)  Rites 
B)  Emotions 
C)  Rituals 
D)  Sagas 
E)  Symbols

Question 10

Which of the following is the first step in developing an IFE Matrix?

Accepted Answer

A)  Determining the organization's structure 
B)  Summing the weighted scores for each variable 
C)  Listing key internal strengths and weaknesses 
D)  Identifying the organization's functions of business 
E)  Assigning a weight to each factor 
A)  Determining the organization's structure 
B)  Summing the weighted scores for each variable 
C)  Listing key internal strengths and weaknesses 
D)  Identifying the organization's functions of business 
E)  Assigning a weight to each factor

Question 11

Distribution includes

Accepted Answer

A)  customer analysis. 
B)  pricing. 
C)  warehousing. 
D)  advertising. 
E)  test marketing. 
A)  customer analysis. 
B)  pricing. 
C)  warehousing. 
D)  advertising. 
E)  test marketing.

Question 12

Internal R&D and contract R&D are the two basic forms of R&D in organizations.

Accepted Answer

A) True 
 B)False

Question 13

For calendar 2013, companies in the S&P 500 are expected to pay at least $300 billion in dividends.

Accepted Answer

A) True 
 B)False

Question 14

The ________ decision is the allocation and reallocation of capital and resources to projects, products, assets, and divisions of an organization.

Accepted Answer

A)  investment 
B)  dividend 
C)  financing 
D)  restructuring 
E)  benchmark 
A)  investment 
B)  dividend 
C)  financing 
D)  restructuring 
E)  benchmark

Question 15

Allocating resources is one of the five basic activities (functions)performed by managers.

Accepted Answer

A) True 
 B)False

Question 16

The process whereby a firm determines the costs associated with organizational activities from purchasing raw materials to manufacturing products to marketing those products is called

Accepted Answer

A)  the resource-based approach. 
B)  value chain analysis. 
C)  strategic cost analysis. 
D)  the internal factor evaluation matrix. 
E)  cost-benefit analysis. 
A)  the resource-based approach. 
B)  value chain analysis. 
C)  strategic cost analysis. 
D)  the internal factor evaluation matrix. 
E)  cost-benefit analysis.

Question 17

Financial ratios are not applicable to nonprofit organizations.

Accepted Answer

A) True 
 B)False

Question 18

Although a useful step in the strategic management process, value chain analysis does little to help a firm monitor whether its prices and costs are competitive.

Accepted Answer

A) True 
 B)False

Question 19

What four basic steps comprise the controlling function of management?

Accepted Answer

The controlling function of management i

Question 20

The three all-encompassing internal resource categories used in the resource-based view are physical resources, human resources, and

Accepted Answer

A)  financial resources. 
B)  shareholder resources. 
C)  organizational resources. 
D)  non-renewable resources. 
E)  technological resources. 
A)  financial resources. 
B)  shareholder resources. 
C)  organizational resources. 
D)  non-renewable resources. 
E)  technological resources.

What category of ratios measures how effectively a firm can maintain its economic position in the growth of the economy and industry?

become(s) only when evaluated, filtered, condensed, analyzed, and organized for a specific purpose, problem, individual, or time.

What marketing function includes test marketing?

The total assets turnover ratio is calculated by dividing sales by fixed assets.

Metaphors are handed-down narratives of some wonderful event that are based on history but have been embellished with fictional detail.

According to James Van Horne the basic decision areas of finance are: the investment decision, the financing decision, and the dividend decision.

The Internal Factor Evaluation Matrix should use a total of 20 internal factors.

Established companies are coming to realize that their next generation of potential customers spends more time online than watching TV.

Which of the following are NOT mentioned as an example of cultural products?

Which of the following is the first step in developing an IFE Matrix?

Distribution includes

Internal R&D and contract R&D are the two basic forms of R&D in organizations.

For calendar 2013, companies in the S&P 500 are expected to pay at least $300 billion in dividends.

The ________ decision is the allocation and reallocation of capital and resources to projects, products, assets, and divisions of an organization.

Allocating resources is one of the five basic activities (functions)performed by managers.

The process whereby a firm determines the costs associated with organizational activities from purchasing raw materials to manufacturing products to marketing those products is called

Financial ratios are not applicable to nonprofit organizations.

Although a useful step in the strategic management process, value chain analysis does little to help a firm monitor whether its prices and costs are competitive.

What four basic steps comprise the controlling function of management?

The three all-encompassing internal resource categories used in the resource-based view are physical resources, human resources, and

The Nature of Strategic Management

The Business Vision and Mission

The External Assessment

Strategies in Action

Strategy Analysis and Choice

Implementing Strategies: Management and Operations Issues

Implementing Strategies: Marketing, Finance/Accounting, R&D, and MIS Issues

Strategy Review, Evaluation, and Control

Business Ethics, Social Responsibility, and Environmental Sustainability

Global and International Issues

Filters

Exam 4: The Internal Assessment

What category of ratios measures how effectively a firm can maintain its economic position in the growth of the economy and industry?

________ become(s)________ only when evaluated, filtered, condensed, analyzed, and organized for a specific purpose, problem, individual, or time.

What marketing function includes test marketing?

The total assets turnover ratio is calculated by dividing sales by fixed assets.

Metaphors are handed-down narratives of some wonderful event that are based on history but have been embellished with fictional detail.

According to James Van Horne the basic decision areas of finance are: the investment decision, the financing decision, and the dividend decision.

The Internal Factor Evaluation Matrix should use a total of 20 internal factors.

Established companies are coming to realize that their next generation of potential customers spends more time online than watching TV.

Which of the following are NOT mentioned as an example of cultural products?

Which of the following is the first step in developing an IFE Matrix?

Distribution includes

Internal R&D and contract R&D are the two basic forms of R&D in organizations.

For calendar 2013, companies in the S&P 500 are expected to pay at least $300 billion in dividends.

The ________ decision is the allocation and reallocation of capital and resources to projects, products, assets, and divisions of an organization.

Allocating resources is one of the five basic activities (functions)performed by managers.

The process whereby a firm determines the costs associated with organizational activities from purchasing raw materials to manufacturing products to marketing those products is called

Financial ratios are not applicable to nonprofit organizations.

Although a useful step in the strategic management process, value chain analysis does little to help a firm monitor whether its prices and costs are competitive.

What four basic steps comprise the controlling function of management?

The three all-encompassing internal resource categories used in the resource-based view are physical resources, human resources, and

The Nature of Strategic Management

The Business Vision and Mission

The External Assessment

Strategies in Action

Strategy Analysis and Choice

Implementing Strategies: Management and Operations Issues

Implementing Strategies: Marketing, Finance/Accounting, R&D, and MIS Issues

Strategy Review, Evaluation, and Control

Business Ethics, Social Responsibility, and Environmental Sustainability

Global and International Issues

Filters

become(s) only when evaluated, filtered, condensed, analyzed, and organized for a specific purpose, problem, individual, or time.