Question 1

Manufacturing technology is a central feature of Jeep assembly. Parts suppliers must accept which of the following requirements?

Accepted Answer

A)  Allowing Jeep to access their confidential records. 
B)  Requirement to buy expensive computers. 
C)  Heavy penalty for stopping the line. 
D)  Having to build a warehouse near the factory. 
A)  Allowing Jeep to access their confidential records. 
B)  Requirement to buy expensive computers. 
C)  Heavy penalty for stopping the line. 
D)  Having to build a warehouse near the factory. C

Question 2

The degree to which influence and control are unequally distributed among individuals and institutions within a particular culture is the measure of its power distance.

Accepted Answer

A) True 
 B)False  True

Question 3

Technology is making it possible for Jeep to keep track of much higher parts inventories at the factory so that customers can have more optional equipment choices.

Accepted Answer

A) True 
 B)False  False

Question 4

KFC faces numerous problems in its attempt to operate in China. These problems include __________.

Accepted Answer

A)  making menu items affordable to local Chinese 
B)  finding workers who will follow procedures in an operating manual 
C)  meeting their quality standards with local chickens 
D)  transportation of supplies 
A)  making menu items affordable to local Chinese 
B)  finding workers who will follow procedures in an operating manual 
C)  meeting their quality standards with local chickens 
D)  transportation of supplies

Question 5

In the late 1990s, technology had a profound impact on the distribution strategies of companies. Which of the following is not an example of how technology has changed the distribution of goods and services?

Accepted Answer

A)  Amazon.com offered online ordering, threatening established retail booksellers. 
B)  Ameritrade allowed customers to access their accounts directly to buy and sell stocks. 
C)  Combining traditional catalog sales with the advantages of Internet access allowed L.L. Bean to meet its customers needs in a new way. 
D)  The U.S. Internal Revenue Service has developed a new "Taxpayers Bill of Rights." 
A)  Amazon.com offered online ordering, threatening established retail booksellers. 
B)  Ameritrade allowed customers to access their accounts directly to buy and sell stocks. 
C)  Combining traditional catalog sales with the advantages of Internet access allowed L.L. Bean to meet its customers needs in a new way. 
D)  The U.S. Internal Revenue Service has developed a new "Taxpayers Bill of Rights."

Question 6

The degree to which members of a society strive to maintain ambiguity, risk, and the indefiniteness of the future is the measure if its uncertainty avoidance.

Accepted Answer

A) True 
 B)False

Question 7

All of the following are associated with KFC's strategy for differentiating itself in China except __________.

Accepted Answer

A)  attracting kids with combo meal selections 
B)  administrative management principles 
C)  American/international lifestyle attraction 
D)  consistency in food quality 
A)  attracting kids with combo meal selections 
B)  administrative management principles 
C)  American/international lifestyle attraction 
D)  consistency in food quality

Question 8

According to the "Preview" about the fast-food industry, both opportunities and competition are increasing. Which of the following is not one of the current interests of customers?

Accepted Answer

A)  healthy cuisine 
B)  ethnic foods 
C)  better service 
D)  better value 
A)  healthy cuisine 
B)  ethnic foods 
C)  better service 
D)  better value

Question 9

Patents on a popular drug should ______________.

Accepted Answer

A)  increase supplier strength of basic ingredients 
B)  decrease supplier strength of basic ingredients 
C)  increase customer strength 
D)  pose a threat of backward integration 
A)  increase supplier strength of basic ingredients 
B)  decrease supplier strength of basic ingredients 
C)  increase customer strength 
D)  pose a threat of backward integration

Question 10

One of the most crucial principles used and evaluated by managers is the notion of economies of scale. This refers to __________.

Accepted Answer

A)  increases in per unit costs as the volume of goods and services produced by a firm increases 
B)  decreases in per unit costs as the volume of goods and services produced by a firm decreases 
C)  decreases in per unit costs as the volume of goods and services produced by a firm increases 
D)  decreases in total costs as the volume of goods and services produced by a firm increases 
A)  increases in per unit costs as the volume of goods and services produced by a firm increases 
B)  decreases in per unit costs as the volume of goods and services produced by a firm decreases 
C)  decreases in per unit costs as the volume of goods and services produced by a firm increases 
D)  decreases in total costs as the volume of goods and services produced by a firm increases

Question 11

A joint venture is different from an alliance.

Accepted Answer

A) True 
 B)False

Question 12

The shared characteristics and values that distinguish the members of one group of people from those of another is __________.

Accepted Answer

A)  a caste system 
B)  power distance 
C)  collectivism 
D)  culture 
A)  a caste system 
B)  power distance 
C)  collectivism 
D)  culture

Question 13

Motorola and IBM have formed an alliance to manufacture memory chips in China. This alliance is also referred to as a joint venture.

Accepted Answer

A) True 
 B)False

Question 14

The number of employees needed for starting a pharmaceutical company is an example of the capital requirements for an industry.

Accepted Answer

A) True 
 B)False

Question 15

A contingent worker is __________.

Accepted Answer

A)  an unreliable worker 
B)  someone who is about to be fired 
C)  a person coming back from disability leave 
D)  an independent contractor 
A)  an unreliable worker 
B)  someone who is about to be fired 
C)  a person coming back from disability leave 
D)  an independent contractor

Question 16

What are demographics and why are they important for management?

Accepted Answer

Demographics are the characteristics of

Question 17

McDonald's has closed many of its locations in Latin America.

Accepted Answer

A) True 
 B)False

Question 18

What is the number of state and local associations and organizations occasionally lobbying Washington decision makers?

Accepted Answer

A)  100,000 
B)  30,000 
C)  50,000 
D)  75,000 
A)  100,000 
B)  30,000 
C)  50,000 
D)  75,000

Question 19

McDonald's had to close a number of its restaurants in Latin America because of an emerging health-consciousness of its local customers.

Accepted Answer

A) True 
 B)False

Question 20

Food suppliers to large companies, such as Burger King, often give discounts that are not extended to smaller customers. This either directly or indirectly affects the factor of __________ that serves as a barrier to entry.

Accepted Answer

A)  capital requirement 
B)  economy of scale 
C)  planning and administration 
D)  product differentiation 
A)  capital requirement 
B)  economy of scale 
C)  planning and administration 
D)  product differentiation

Manufacturing technology is a central feature of Jeep assembly. Parts suppliers must accept which of the following requirements?

The degree to which influence and control are unequally distributed among individuals and institutions within a particular culture is the measure of its power distance.

Technology is making it possible for Jeep to keep track of much higher parts inventories at the factory so that customers can have more optional equipment choices.

KFC faces numerous problems in its attempt to operate in China. These problems include __________.

In the late 1990s, technology had a profound impact on the distribution strategies of companies. Which of the following is not an example of how technology has changed the distribution of goods and services?

The degree to which members of a society strive to maintain ambiguity, risk, and the indefiniteness of the future is the measure if its uncertainty avoidance.

All of the following are associated with KFC's strategy for differentiating itself in China except __________.

According to the "Preview" about the fast-food industry, both opportunities and competition are increasing. Which of the following is not one of the current interests of customers?

Patents on a popular drug should ______________.

One of the most crucial principles used and evaluated by managers is the notion of economies of scale. This refers to __________.

A joint venture is different from an alliance.

The shared characteristics and values that distinguish the members of one group of people from those of another is __________.

Motorola and IBM have formed an alliance to manufacture memory chips in China. This alliance is also referred to as a joint venture.

The number of employees needed for starting a pharmaceutical company is an example of the capital requirements for an industry.

A contingent worker is __________.

What are demographics and why are they important for management?

McDonald's has closed many of its locations in Latin America.

What is the number of state and local associations and organizations occasionally lobbying Washington decision makers?

McDonald's had to close a number of its restaurants in Latin America because of an emerging health-consciousness of its local customers.

Food suppliers to large companies, such as Burger King, often give discounts that are not extended to smaller customers. This either directly or indirectly affects the factor of __________ that serves as a barrier to entry.

Managing in a Dynamic Environment

The Evolution of Management

Managing Globally

Entrepreneurship

Ethics and Stakeholder Social Responsibility

Planning and Strategy

Fundamentals of Decision Making

Planning and Decision Aids

Controlling in Organizations

Organizational Design

Organizational Change and Learning

Managing Human Resources

Work Motivation

Dynamics of Leadership

Organizational Communication

Managing Work Teams

Organizational Culture and Cultural Diversity

Filters

Exam 3: Environmental Forces

Manufacturing technology is a central feature of Jeep assembly. Parts suppliers must accept which of the following requirements?

The degree to which influence and control are unequally distributed among individuals and institutions within a particular culture is the measure of its power distance.

Technology is making it possible for Jeep to keep track of much higher parts inventories at the factory so that customers can have more optional equipment choices.

KFC faces numerous problems in its attempt to operate in China. These problems include __________.

In the late 1990s, technology had a profound impact on the distribution strategies of companies. Which of the following is not an example of how technology has changed the distribution of goods and services?

The degree to which members of a society strive to maintain ambiguity, risk, and the indefiniteness of the future is the measure if its uncertainty avoidance.

All of the following are associated with KFC's strategy for differentiating itself in China except __________.

According to the "Preview" about the fast-food industry, both opportunities and competition are increasing. Which of the following is not one of the current interests of customers?

Patents on a popular drug should ______________.

One of the most crucial principles used and evaluated by managers is the notion of economies of scale. This refers to __________.

A joint venture is different from an alliance.

The shared characteristics and values that distinguish the members of one group of people from those of another is __________.

Motorola and IBM have formed an alliance to manufacture memory chips in China. This alliance is also referred to as a joint venture.

The number of employees needed for starting a pharmaceutical company is an example of the capital requirements for an industry.

A contingent worker is __________.

What are demographics and why are they important for management?

McDonald's has closed many of its locations in Latin America.

What is the number of state and local associations and organizations occasionally lobbying Washington decision makers?

McDonald's had to close a number of its restaurants in Latin America because of an emerging health-consciousness of its local customers.

Food suppliers to large companies, such as Burger King, often give discounts that are not extended to smaller customers. This either directly or indirectly affects the factor of __________ that serves as a barrier to entry.

Managing in a Dynamic Environment

The Evolution of Management

Managing Globally

Entrepreneurship

Ethics and Stakeholder Social Responsibility

Planning and Strategy

Fundamentals of Decision Making

Planning and Decision Aids

Controlling in Organizations

Organizational Design

Organizational Change and Learning

Managing Human Resources

Work Motivation

Dynamics of Leadership

Organizational Communication

Managing Work Teams

Organizational Culture and Cultural Diversity

Filters