Question 1

When people take certain actions as they try to get the outcomes they want,this is known as

Accepted Answer

A)  intuition. 
B)  quantitative analysis. 
C)  organizational politics. 
D)  escalation of commitment. 
E)  risk propensity. 
A)  intuition. 
B)  quantitative analysis. 
C)  organizational politics. 
D)  escalation of commitment. 
E)  risk propensity. C

Question 2

All managers need an equal balance of technical,human relations,and conceptual skills in order to be effective.

Accepted Answer

A) True 
 B)False  False

Question 3

The management of Consumer Products Inc.has set a target of increasing their current market share from 15 percent to 20 percent.The market is very competitive,and all employees are expected to do whatever it takes to achieve this goal.The goal

Accepted Answer

A)  helps allocate resources. 
B)  helps assess performance. 
C)  defines corporate culture. 
D)  provides direction. 
E)  helps make decisions. 
A)  helps allocate resources. 
B)  helps assess performance. 
C)  defines corporate culture. 
D)  provides direction. 
E)  helps make decisions. C

Question 4

Strategic formulation involves,in order,

Accepted Answer

A)  (1)creating a mission statement,(2)analyzing the organization and its environment,and (3)setting strategic goals. 
B)  (1)creating a mission statement,(2)setting strategic goals,and (3)analyzing the organization and its environment. 
C)  (1)setting strategic goals,(2)analyzing the organization and its environment,and (3)matching the organization and its environment. 
D)  (1)setting strategic goals,(2)analyzing the organization and its environment,and (3)creating a mission statement. 
E)  (1)analyzing the organization and its environment,(2)matching the organization and its environment,and (3)setting strategic goals. 
A)  (1)creating a mission statement,(2)analyzing the organization and its environment,and (3)setting strategic goals. 
B)  (1)creating a mission statement,(2)setting strategic goals,and (3)analyzing the organization and its environment. 
C)  (1)setting strategic goals,(2)analyzing the organization and its environment,and (3)matching the organization and its environment. 
D)  (1)setting strategic goals,(2)analyzing the organization and its environment,and (3)creating a mission statement. 
E)  (1)analyzing the organization and its environment,(2)matching the organization and its environment,and (3)setting strategic goals.

Question 5

An organizational analysis involves looking for ________,while an environmental analysis involves looking for ___________:

Accepted Answer

A)  threats; opportunities 
B)  opportunities; threats 
C)  strengths and weaknesses; threats and opportunities 
D)  threats and opportunities; strengths and weaknesses 
E)  strengths and weaknesses; competitors 
A)  threats; opportunities 
B)  opportunities; threats 
C)  strengths and weaknesses; threats and opportunities 
D)  threats and opportunities; strengths and weaknesses 
E)  strengths and weaknesses; competitors

Question 6

Top-level managers are responsible for all of the following except

Accepted Answer

A)  the overall performance of the organization. 
B)  formulating strategies. 
C)  representing the organization in its dealings with other organizations. 
D)  implementing policies. 
E)  dealing with the external environment. 
A)  the overall performance of the organization. 
B)  formulating strategies. 
C)  representing the organization in its dealings with other organizations. 
D)  implementing policies. 
E)  dealing with the external environment.

Question 7

List the three basic levels of management.

Accepted Answer

Top management,middl

Question 8

Briefly describe the general planning process.Indicate the kinds of things that can go wrong at each step in the process.

Accepted Answer

The planning process involves the follow

Question 9

The title "Division Manager" is an example of a ________ management position.

Accepted Answer

A)  lower 
B)  middle 
C)  liaison 
D)  first-line 
E)  top 
A)  lower 
B)  middle 
C)  liaison 
D)  first-line 
E)  top

Question 10

When Maple Leaf Foods had to deal with the problem of listeria contamination at one of its plants,this was an example of crisis management.

Accepted Answer

A) True 
 B)False

Question 11

Which of the following would be included under the definition of a manager?

Accepted Answer

A)  President of IBM 
B)  Prime Minister of Canada 
C)  Head of the business department at a local college 
D)  Shipping dock foreman 
E)  All of these would be included 
A)  President of IBM 
B)  Prime Minister of Canada 
C)  Head of the business department at a local college 
D)  Shipping dock foreman 
E)  All of these would be included

Question 12

When Bell Canada diversified by forming BCE,it acquired interests in businesses like trust companies,pipelines,and real estate.This is an example of

Accepted Answer

A)  vertical integration. 
B)  cooperative diversification. 
C)  concentric diversification. 
D)  cost leadership. 
E)  conglomerate diversification. 
A)  vertical integration. 
B)  cooperative diversification. 
C)  concentric diversification. 
D)  cost leadership. 
E)  conglomerate diversification.

Question 13

By looking at the sales potential for each product,we can use goals to

Accepted Answer

A)  help define corporate culture. 
B)  help allocate resources. 
C)  help assess performance. 
D)  help make decisions. 
E)  provide direction. 
A)  help define corporate culture. 
B)  help allocate resources. 
C)  help assess performance. 
D)  help make decisions. 
E)  provide direction.

Question 14

The technical skills,human relations skills,and conceptual skills of managers

Accepted Answer

A)  shift in their degree of importance as the manager rises to the top of the organization. 
B)  shift so that the technical skills become more important to the higher level manager. 
C)  retain the same degree of importance as a manager progresses "up the organization ladder" to the top. 
D)  shift so that the conceptual skills become less important to the higher level manager. 
E)  shift so that human relations skills become more important than conceptual skills to the higher level manager. 
A)  shift in their degree of importance as the manager rises to the top of the organization. 
B)  shift so that the technical skills become more important to the higher level manager. 
C)  retain the same degree of importance as a manager progresses "up the organization ladder" to the top. 
D)  shift so that the conceptual skills become less important to the higher level manager. 
E)  shift so that human relations skills become more important than conceptual skills to the higher level manager.

Question 15

Brown Corp.has implemented a strategy of acquiring control of competitors in the same or similar markets.The company is using which strategy?

Accepted Answer

A)  Concentration 
B)  Market penetration 
C)  Geographic expansion 
D)  Product development 
E)  Horizontal integration 
A)  Concentration 
B)  Market penetration 
C)  Geographic expansion 
D)  Product development 
E)  Horizontal integration

Question 16

A ________ is a broad set of organizational plans for implementing the decisions made for achieving organizational goals.

Accepted Answer

A)  blueprint 
B)  mission 
C)  formula 
D)  strategy 
E)  function 
A)  blueprint 
B)  mission 
C)  formula 
D)  strategy 
E)  function

Question 17

Plant manager,operations manager,and division manager are at the ________ management level.

Accepted Answer

A)  top 
B)  officer 
C)  first-line 
D)  intermediate 
E)  middle 
A)  top 
B)  officer 
C)  first-line 
D)  intermediate 
E)  middle

Question 18

Scott is the store manager at one of the Computers R Us retail stores.Each Monday he meets with all the employees to review the assignments for the week and provide assistance for those who need it.Scott is engaged in the management process of

Accepted Answer

A)  planning. 
B)  organizing. 
C)  controlling. 
D)  staffing. 
E)  leading. 
A)  planning. 
B)  organizing. 
C)  controlling. 
D)  staffing. 
E)  leading.

Question 19

Mega Computer has targeted the growth of its new line of computers to surpass the current line within two years.Charles,the marketing manager,is reviewing the advertising budget for the next year and this goal

Accepted Answer

A)  provides direction. 
B)  defines corporate culture. 
C)  helps assess performance. 
D)  helps allocate resources. 
E)  helps make decisions. 
A)  provides direction. 
B)  defines corporate culture. 
C)  helps assess performance. 
D)  helps allocate resources. 
E)  helps make decisions.

Question 20

The development,pricing,promotion,and distribution of a product is the responsibility of

Accepted Answer

A)  first-level managers. 
B)  financial managers. 
C)  human resource managers. 
D)  marketing managers. 
E)  operations managers. 
A)  first-level managers. 
B)  financial managers. 
C)  human resource managers. 
D)  marketing managers. 
E)  operations managers.

When people take certain actions as they try to get the outcomes they want,this is known as

All managers need an equal balance of technical,human relations,and conceptual skills in order to be effective.

The management of Consumer Products Inc.has set a target of increasing their current market share from 15 percent to 20 percent.The market is very competitive,and all employees are expected to do whatever it takes to achieve this goal.The goal

Strategic formulation involves,in order,

An organizational analysis involves looking for ,while an environmental analysis involves looking for ___:

Top-level managers are responsible for all of the following except

List the three basic levels of management.

Briefly describe the general planning process.Indicate the kinds of things that can go wrong at each step in the process.

The title "Division Manager" is an example of a ________ management position.

When Maple Leaf Foods had to deal with the problem of listeria contamination at one of its plants,this was an example of crisis management.

Which of the following would be included under the definition of a manager?

When Bell Canada diversified by forming BCE,it acquired interests in businesses like trust companies,pipelines,and real estate.This is an example of

By looking at the sales potential for each product,we can use goals to

The technical skills,human relations skills,and conceptual skills of managers

Brown Corp.has implemented a strategy of acquiring control of competitors in the same or similar markets.The company is using which strategy?

A ________ is a broad set of organizational plans for implementing the decisions made for achieving organizational goals.

Plant manager,operations manager,and division manager are at the ________ management level.

Scott is the store manager at one of the Computers R Us retail stores.Each Monday he meets with all the employees to review the assignments for the week and provide assistance for those who need it.Scott is engaged in the management process of

Mega Computer has targeted the growth of its new line of computers to surpass the current line within two years.Charles,the marketing manager,is reviewing the advertising budget for the next year and this goal

The development,pricing,promotion,and distribution of a product is the responsibility of

Understanding the Canadian Business System

Understanding the Environments of Business

Conducting Business Ethically and Responsibly

Understanding Entrepreneurship, small Business, and New Venture Creation

The Global Context of Business

Managing Human Resources

Understanding Labourmanagement Relations

Motivating and Leading Employees

Producing Goods and Services

Increasing Productivity and Quality

Managing Information Systems and Communication Technology

Understanding Accounting Issues

Understanding Marketing Processes and Consumer Behaviour

Developing and Promoting Goods and Services

Pricing and Distributing Goods and Services

Understanding Money and Banking

Understanding Securities and Investments

Financial Decisions and Risk Management

Filters

Exam 6: Managing the Business Enterprise

When people take certain actions as they try to get the outcomes they want,this is known as

All managers need an equal balance of technical,human relations,and conceptual skills in order to be effective.

The management of Consumer Products Inc.has set a target of increasing their current market share from 15 percent to 20 percent.The market is very competitive,and all employees are expected to do whatever it takes to achieve this goal.The goal

Strategic formulation involves,in order,

An organizational analysis involves looking for ________,while an environmental analysis involves looking for ___________:

Top-level managers are responsible for all of the following except

List the three basic levels of management.

Briefly describe the general planning process.Indicate the kinds of things that can go wrong at each step in the process.

The title "Division Manager" is an example of a ________ management position.

When Maple Leaf Foods had to deal with the problem of listeria contamination at one of its plants,this was an example of crisis management.

Which of the following would be included under the definition of a manager?

When Bell Canada diversified by forming BCE,it acquired interests in businesses like trust companies,pipelines,and real estate.This is an example of

By looking at the sales potential for each product,we can use goals to

The technical skills,human relations skills,and conceptual skills of managers

Brown Corp.has implemented a strategy of acquiring control of competitors in the same or similar markets.The company is using which strategy?

A ________ is a broad set of organizational plans for implementing the decisions made for achieving organizational goals.

Plant manager,operations manager,and division manager are at the ________ management level.

Scott is the store manager at one of the Computers R Us retail stores.Each Monday he meets with all the employees to review the assignments for the week and provide assistance for those who need it.Scott is engaged in the management process of

Mega Computer has targeted the growth of its new line of computers to surpass the current line within two years.Charles,the marketing manager,is reviewing the advertising budget for the next year and this goal

The development,pricing,promotion,and distribution of a product is the responsibility of

Understanding the Canadian Business System

Understanding the Environments of Business

Conducting Business Ethically and Responsibly

Understanding Entrepreneurship, small Business, and New Venture Creation

The Global Context of Business

Managing Human Resources

Understanding Labourmanagement Relations

Motivating and Leading Employees

Producing Goods and Services

Increasing Productivity and Quality

Managing Information Systems and Communication Technology

Understanding Accounting Issues

Understanding Marketing Processes and Consumer Behaviour

Developing and Promoting Goods and Services

Pricing and Distributing Goods and Services

Understanding Money and Banking

Understanding Securities and Investments

Financial Decisions and Risk Management

Filters

An organizational analysis involves looking for ,while an environmental analysis involves looking for ___: