Question 1

Pricing is one of the basic functions of

Accepted Answer

A)  marketing. 
B)  finance/accounting. 
C)  management information systems. 
D)  production/operations. 
E)  research and development. 
A)  marketing. 
B)  finance/accounting. 
C)  management information systems. 
D)  production/operations. 
E)  research and development.

Question 2

Distribution becomes especially important when a firm is striving to implement a product development or diversification.

Accepted Answer

A) True 
 B)False

Question 3

The only certain thing about the future of any organization is change.

Accepted Answer

A) True 
 B)False

Question 4

________ ties all business functions together and provides the basis for all managerial decisions.

Accepted Answer

A)  Management 
B)  Marketing 
C)  Information 
D)  Technology 
E)  Workforce 
A)  Management 
B)  Marketing 
C)  Information 
D)  Technology 
E)  Workforce

Question 5

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

Accepted Answer

A) True 
 B)False

Question 6

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 7

All of the following are basic activities of management EXCEPT

Accepted Answer

A)  staffing. 
B)  planning. 
C)  consolidating. 
D)  organizing. 
E)  motivating. 
A)  staffing. 
B)  planning. 
C)  consolidating. 
D)  organizing. 
E)  motivating.

Question 8

Organizing is the cornerstone of effective strategy formulation.

Accepted Answer

A) True 
 B)False

Question 9

At Google the culture is very rigid, while in contrast the culture at Proctor & Gamble is very informal.

Accepted Answer

A) True 
 B)False

Question 10

According to James Van Horne the functions of finance & accounting comprise three decisions: the investment decision, the financing decision, and the dividend decision.

Accepted Answer

A) True 
 B)False

Question 11

The Robinson-Patman Act affects a company's

Accepted Answer

A)  pricing. 
B)  product/service planning. 
C)  customer analysis. 
D)  marketing research. 
E)  distribution. 
A)  pricing. 
B)  product/service planning. 
C)  customer analysis. 
D)  marketing research. 
E)  distribution.

Question 12

The controlling function of management is synonymous with strategy formulation.

Accepted Answer

A) True 
 B)False

Question 13

The subtle, elusive and largely unconscious forces that shape the workplace are captured by the organizational culture.

Accepted Answer

A) True 
 B)False

Question 14

Increased efficiency, quality, productivity, and job satisfaction can come from cross-training workers.

Accepted Answer

A) True 
 B)False

Question 15

There are seven basic functions of marketing: customer analysis, selling products and services, product and service planning, pricing, distribution, marketing research, and opportunity analysis.

Accepted Answer

A) True 
 B)False

Question 16

Discuss the five steps involved in performing an Internal Factor Evaluation (IFE) Matrix.

Accepted Answer

The first step is to list 20 internal fa

Question 17

________ can reveal the demographic characteristics of an organization's customers.

Accepted Answer

A)  Customer profiling 
B)  Test marketing 
C)  Market development 
D)  The vision statement 
E)  Telemarketing 
A)  Customer profiling 
B)  Test marketing 
C)  Market development 
D)  The vision statement 
E)  Telemarketing

Question 18

In most industries, only minor costs of producing a product or service are incurred within operations, so production and operations does not have great value as a competitive weapon in a company's overall strategy.

Accepted Answer

A) True 
 B)False

Question 19

According to James Van Horne, what are the three decisions that comprise the functions of finance? Describe each function.

Accepted Answer

The three basic functions of finance, ac

Question 20

What is the term for a historical narrative describing the unique accomplishments of a group and its leaders?

Accepted Answer

A)  Rite 
B)  Saga 
C)  Story 
D)  Myth 
E)  Folktale 
A)  Rite 
B)  Saga 
C)  Story 
D)  Myth 
E)  Folktale

Pricing is one of the basic functions of

Distribution becomes especially important when a firm is striving to implement a product development or diversification.

The only certain thing about the future of any organization is change.

________ ties all business functions together and provides the basis for all managerial decisions.

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

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

All of the following are basic activities of management EXCEPT

Organizing is the cornerstone of effective strategy formulation.

At Google the culture is very rigid, while in contrast the culture at Proctor & Gamble is very informal.

According to James Van Horne the functions of finance & accounting comprise three decisions: the investment decision, the financing decision, and the dividend decision.

The Robinson-Patman Act affects a company's

The controlling function of management is synonymous with strategy formulation.

The subtle, elusive and largely unconscious forces that shape the workplace are captured by the organizational culture.

Increased efficiency, quality, productivity, and job satisfaction can come from cross-training workers.

There are seven basic functions of marketing: customer analysis, selling products and services, product and service planning, pricing, distribution, marketing research, and opportunity analysis.

Discuss the five steps involved in performing an Internal Factor Evaluation (IFE) Matrix.

________ can reveal the demographic characteristics of an organization's customers.

In most industries, only minor costs of producing a product or service are incurred within operations, so production and operations does not have great value as a competitive weapon in a company's overall strategy.

According to James Van Horne, what are the three decisions that comprise the functions of finance? Describe each function.

What is the term for a historical narrative describing the unique accomplishments of a group and its leaders?

The Nature of Strategic Management

The Business Vision and Mission

The External Assessment

Strategies in Action

Strategy Analysis and Choice

Implementing Strategies: Management, Operations, and Human Resource Issues

Implementing Strategies: Marketing, Financeaccounting, Rd, 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

Pricing is one of the basic functions of

Distribution becomes especially important when a firm is striving to implement a product development or diversification.

The only certain thing about the future of any organization is change.

________ ties all business functions together and provides the basis for all managerial decisions.

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

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

All of the following are basic activities of management EXCEPT

Organizing is the cornerstone of effective strategy formulation.

At Google the culture is very rigid, while in contrast the culture at Proctor & Gamble is very informal.

According to James Van Horne the functions of finance & accounting comprise three decisions: the investment decision, the financing decision, and the dividend decision.

The Robinson-Patman Act affects a company's

The controlling function of management is synonymous with strategy formulation.

The subtle, elusive and largely unconscious forces that shape the workplace are captured by the organizational culture.

Increased efficiency, quality, productivity, and job satisfaction can come from cross-training workers.

There are seven basic functions of marketing: customer analysis, selling products and services, product and service planning, pricing, distribution, marketing research, and opportunity analysis.

Discuss the five steps involved in performing an Internal Factor Evaluation (IFE) Matrix.

________ can reveal the demographic characteristics of an organization's customers.

In most industries, only minor costs of producing a product or service are incurred within operations, so production and operations does not have great value as a competitive weapon in a company's overall strategy.

According to James Van Horne, what are the three decisions that comprise the functions of finance? Describe each function.

What is the term for a historical narrative describing the unique accomplishments of a group and its leaders?

The Nature of Strategic Management

The Business Vision and Mission

The External Assessment

Strategies in Action

Strategy Analysis and Choice

Implementing Strategies: Management, Operations, and Human Resource Issues

Implementing Strategies: Marketing, Financeaccounting, Rd, and Mis Issues

Strategy Review, Evaluation, and Control

Business Ethics, Social Responsibility, and Environmental Sustainability

Global and International Issues

Filters