Question 1

In a short essay, give an example of how an organizational story can have an impact on the organization itself.

Accepted Answer

The story of Nike's Bill Bowerman taking

Question 2

In a ready-fire-aim culture, managers will endlessly analyze a situation before taking action.

Accepted Answer

A) True 
 B)False

Question 3

Which of the following is NOT a feature of the U.S.model of capitalism in the twentieth and twenty-first centuries?

Accepted Answer

A) open markets 
B) large-scale operations 
C) full lifetime job security 
D) corporate model of ownership and organization 
A) open markets 
B) large-scale operations 
C) full lifetime job security 
D) corporate model of ownership and organization

Question 4

Which components of the external environment of the Nissan plant in South Carolina were disrupted by the eruption?

Accepted Answer

A) the demographic and global components 
B) the political and legal components 
C) the economic and global components 
D) the sociocultural and demographic components 
A) the demographic and global components 
B) the political and legal components 
C) the economic and global components 
D) the sociocultural and demographic components

Question 5

Which of the following most accurately reflects the difference between strong cultures and weak cultures?

Accepted Answer

A) Strong cultures tend to encourage employee innovation, while weak cultures do not. 
B) Weak cultures are found in most successful organizations, whereas strong cultures are relatively rare. 
C) Strong cultures have less of an influence on employee behavior than do weak cultures. 
D) Company values are more deeply held and widely shared in strong cultures than in weak cultures. 
A) Strong cultures tend to encourage employee innovation, while weak cultures do not. 
B) Weak cultures are found in most successful organizations, whereas strong cultures are relatively rare. 
C) Strong cultures have less of an influence on employee behavior than do weak cultures. 
D) Company values are more deeply held and widely shared in strong cultures than in weak cultures.

Question 6

Which of the following is the best interpretation of Keynes' statement that in capitalism the most wicked men do "the most wickedest of things for the greatest good of everyone"?

Accepted Answer

A) Evil people become benevolent as a result of living in a capitalistic system. 
B) The aggregate effect of selfish acts in an open market creates virtue. 
C) The aggregate effect of unselfish acts in a closed market with a planned economy creates economic prosperity. 
D) The aggregate effect of selfish acts in an open market creates economic prosperity. 
A) Evil people become benevolent as a result of living in a capitalistic system. 
B) The aggregate effect of selfish acts in an open market creates virtue. 
C) The aggregate effect of unselfish acts in a closed market with a planned economy creates economic prosperity. 
D) The aggregate effect of selfish acts in an open market creates economic prosperity.

Question 7

The CEO of a major corporation experiences emotional problems and makes an appointment to see a psychiatrist.Which of the following has the LEAST legitimate right to be informed about the situation?

Accepted Answer

A) the stockholders 
B) the media 
C) the CEO's colleagues 
D) the employees of the CEO's company 
A) the stockholders 
B) the media 
C) the CEO's colleagues 
D) the employees of the CEO's company

Question 8

In a short essay, explain how regulations might be used to reform the economy in the wake of the recent downturn.

Accepted Answer

Many of the problems that caused the eco

Question 9

The age of a population is one of its most important demographics.

Accepted Answer

A) True 
 B)False

Question 10

Which of the following is likely to be the permanent result of the recent economic downturn in the United States?

Accepted Answer

A) Almost all of the jobs lost will not return. 
B) About half of the jobs lost will not return. 
C) About a quarter of the jobs lost will not return. 
D) Almost all of the jobs lost will return. 
A) Almost all of the jobs lost will not return. 
B) About half of the jobs lost will not return. 
C) About a quarter of the jobs lost will not return. 
D) Almost all of the jobs lost will return.

Question 11

In a short essay, describe a real or fictional company that exists in Cell 4 of the environmental uncertainty matrix.

Accepted Answer

Gulp is a restaurant reservation company

Question 12

Which trend do most managers need to get used to in the coming years?

Accepted Answer

A) Most workers will be hired as permanent employees at a lower pay scale than they were in in the past. 
B) Many workers will be hired as consultants rather than as freelance employees. 
C) Most workers will be hired as permanent employees rather than on a freelance basis. 
D) Many workers will be hired on a freelance basis rather than as permanent employees. 
A) Most workers will be hired as permanent employees at a lower pay scale than they were in in the past. 
B) Many workers will be hired as consultants rather than as freelance employees. 
C) Most workers will be hired as permanent employees rather than on a freelance basis. 
D) Many workers will be hired on a freelance basis rather than as permanent employees.

Question 13

Which of the following will a "ready-aim-fire" culture tend to do with plans for building a new factory?

Accepted Answer

A) carefully study the plans before building 
B) get the building process underway before the plans are finished in order to avoid possible objections to expansion 
C) briefly study the plans before building 
D) carry out the planning and building process simultaneously to make sure that the plans are updated continuously 
A) carefully study the plans before building 
B) get the building process underway before the plans are finished in order to avoid possible objections to expansion 
C) briefly study the plans before building 
D) carry out the planning and building process simultaneously to make sure that the plans are updated continuously

Question 14

Theodore and Janice have formed TJ Soft, an entrepreneurial venture to develop games and other kinds of software for consumers.Theodore has just gotten wind from a highly reliable source that games involving animals and ecosystems are likely to be extremely "hot" in the coming year.Theodore is excited because TJ Soft has two games in development that fit the animal/eco niche perfectly.Which component of the external environment will affect TJ Soft the most in this situation?

Accepted Answer

A) the demographic component 
B) the political component 
C) the sociocultural component 
D) the global component 
A) the demographic component 
B) the political component 
C) the sociocultural component 
D) the global component

Question 15

A ban on gay marriage is an example of a change in which components of an organization's external environment?

Accepted Answer

A) political/legal and technological 
B) economic and demographic 
C) sociocultural and global 
D) sociocultural and political/legal 
A) political/legal and technological 
B) economic and demographic 
C) sociocultural and global 
D) sociocultural and political/legal

Question 16

Which of the following is most likely to be the biggest change that the "new economy" will usher in?

Accepted Answer

A) organizations taking on more risk 
B) fewer regulations 
C) a smaller government role 
D) a larger government role 
A) organizations taking on more risk 
B) fewer regulations 
C) a smaller government role 
D) a larger government role

Question 17

The Daily Recorder is considering raising its price from 60 cents to 75 cents.Which stakeholders should it consider most in making this decision?

Accepted Answer

A) All stakeholders should be considered equally. 
B) all internal stakeholders 
C) all external stakeholders 
D) its customers 
A) All stakeholders should be considered equally. 
B) all internal stakeholders 
C) all external stakeholders 
D) its customers

Question 18

Which event triggered the recession that began in 2008?

Accepted Answer

A) Consumers were unwilling to purchase electronic equipment. 
B) Businesses were unable to make loan payments. 
C) Homeowners were unable to make mortgage payments. 
D) Renters were unable to find available housing. 
A) Consumers were unwilling to purchase electronic equipment. 
B) Businesses were unable to make loan payments. 
C) Homeowners were unable to make mortgage payments. 
D) Renters were unable to find available housing.

Question 19

The capitalistic system that the United States uses is thought to be perfect by most economists.

Accepted Answer

A) True 
 B)False

Question 20

The overall trend toward globalization is part of the political component of an organization's external environment.

Accepted Answer

A) True 
 B)False

In a short essay, give an example of how an organizational story can have an impact on the organization itself.

In a ready-fire-aim culture, managers will endlessly analyze a situation before taking action.

Which of the following is NOT a feature of the U.S.model of capitalism in the twentieth and twenty-first centuries?

Which components of the external environment of the Nissan plant in South Carolina were disrupted by the eruption?

Which of the following most accurately reflects the difference between strong cultures and weak cultures?

Which of the following is the best interpretation of Keynes' statement that in capitalism the most wicked men do "the most wickedest of things for the greatest good of everyone"?

The CEO of a major corporation experiences emotional problems and makes an appointment to see a psychiatrist.Which of the following has the LEAST legitimate right to be informed about the situation?

In a short essay, explain how regulations might be used to reform the economy in the wake of the recent downturn.

The age of a population is one of its most important demographics.

Which of the following is likely to be the permanent result of the recent economic downturn in the United States?

In a short essay, describe a real or fictional company that exists in Cell 4 of the environmental uncertainty matrix.

Which trend do most managers need to get used to in the coming years?

Which of the following will a "ready-aim-fire" culture tend to do with plans for building a new factory?

A ban on gay marriage is an example of a change in which components of an organization's external environment?

Which of the following is most likely to be the biggest change that the "new economy" will usher in?

The Daily Recorder is considering raising its price from 60 cents to 75 cents.Which stakeholders should it consider most in making this decision?

Which event triggered the recession that began in 2008?

The capitalistic system that the United States uses is thought to be perfect by most economists.

The overall trend toward globalization is part of the political component of an organization's external environment.

Managers and Management

Integrative Managerial Issues

Foundations of Decision Making

Foundations of Planning

Organizational Structure and Design

Managing Human Resources

Managing Change and Innovation

Foundations of Individual Behavior

Understanding Groups and Managing Work Teams

Motivating and Rewarding Employees

Leadership and Trust

Communication and Information

Foundations of Control

Operations Management

Appendix: History Module

Appendix: Entrepreneurship Module

Appendix: Quantitative Module

Appendix: Career Module

Filters

Exam 2: The Management Environment

In a short essay, give an example of how an organizational story can have an impact on the organization itself.

In a ready-fire-aim culture, managers will endlessly analyze a situation before taking action.

Which of the following is NOT a feature of the U.S.model of capitalism in the twentieth and twenty-first centuries?

Which components of the external environment of the Nissan plant in South Carolina were disrupted by the eruption?

Which of the following most accurately reflects the difference between strong cultures and weak cultures?

Which of the following is the best interpretation of Keynes' statement that in capitalism the most wicked men do "the most wickedest of things for the greatest good of everyone"?

The CEO of a major corporation experiences emotional problems and makes an appointment to see a psychiatrist.Which of the following has the LEAST legitimate right to be informed about the situation?

In a short essay, explain how regulations might be used to reform the economy in the wake of the recent downturn.

The age of a population is one of its most important demographics.

Which of the following is likely to be the permanent result of the recent economic downturn in the United States?

In a short essay, describe a real or fictional company that exists in Cell 4 of the environmental uncertainty matrix.

Which trend do most managers need to get used to in the coming years?

Which of the following will a "ready-aim-fire" culture tend to do with plans for building a new factory?

A ban on gay marriage is an example of a change in which components of an organization's external environment?

Which of the following is most likely to be the biggest change that the "new economy" will usher in?

The Daily Recorder is considering raising its price from 60 cents to 75 cents.Which stakeholders should it consider most in making this decision?

Which event triggered the recession that began in 2008?

The capitalistic system that the United States uses is thought to be perfect by most economists.

The overall trend toward globalization is part of the political component of an organization's external environment.

Managers and Management

Integrative Managerial Issues

Foundations of Decision Making

Foundations of Planning

Organizational Structure and Design

Managing Human Resources

Managing Change and Innovation

Foundations of Individual Behavior

Understanding Groups and Managing Work Teams

Motivating and Rewarding Employees

Leadership and Trust

Communication and Information

Foundations of Control

Operations Management

Appendix: History Module

Appendix: Entrepreneurship Module

Appendix: Quantitative Module

Appendix: Career Module

Filters