Question 1

Taking an ethical stand always ensures that a company reaps profit.

Accepted Answer

A) True 
 B)False  False

Question 2

Complete the following using the terms listed.
-A _____ is a hierarchy of managers and workers which lets everyone know who is in charge.

Accepted Answer

A) corporate culture 
B) Management 
C) organization 
D) Top management 
E) Departmentalization
F)Vision
G)delegation
H)matrix structure
I)span of management
J)controlling
K)decentralization
L)chain of command
M)SWOT analysis
N)Contingency planning
O)nonprogrammed decision
P)autocratic leaders
Q)Human skills
R)mission statement
S)competitive differentiation
T)Empowerment 
A) corporate culture 
B) Management 
C) organization 
D) Top management 
E) Departmentalization
F)Vision
G)delegation
H)matrix structure
I)span of management
J)controlling
K)decentralization
L)chain of command
M)SWOT analysis
N)Contingency planning
O)nonprogrammed decision
P)autocratic leaders
Q)Human skills
R)mission statement
S)competitive differentiation
T)Empowerment L

Question 3

_____ planning involves implementing the activities specified by strategic plans.

Accepted Answer

A) Incident 
B) Tactical 
C) Exigency 
D) Contingency 
A) Incident 
B) Tactical 
C) Exigency 
D) Contingency B

Question 4

Angelo is part of a strategic planning team.He has identified that his company is a low-cost producer in its industry.This should be listed on a SWOT analysis as a(n)_____.

Accepted Answer

A) threat 
B) weakness 
C) opportunity 
D) strength 
A) threat 
B) weakness 
C) opportunity 
D) strength

Question 5

The basic purpose of directing is to evaluate the success of the planning function.

Accepted Answer

A) True 
 B)False

Question 6

Complete the following using the terms listed.
-The managerial process of assigning work to subordinates is called _____.

Accepted Answer

A) corporate culture 
B) Management 
C) organization 
D) Top management 
E) Departmentalization
F)Vision
G)delegation
H)matrix structure
I)span of management
J)controlling
K)decentralization
L)chain of command
M)SWOT analysis
N)Contingency planning
O)nonprogrammed decision
P)autocratic leaders
Q)Human skills
R)mission statement
S)competitive differentiation
T)Empowerment 
A) corporate culture 
B) Management 
C) organization 
D) Top management 
E) Departmentalization
F)Vision
G)delegation
H)matrix structure
I)span of management
J)controlling
K)decentralization
L)chain of command
M)SWOT analysis
N)Contingency planning
O)nonprogrammed decision
P)autocratic leaders
Q)Human skills
R)mission statement
S)competitive differentiation
T)Empowerment

Question 7

Complete the following using the terms listed.
-A company that emphasizes _____ locates decision making at lower levels.

Accepted Answer

A) corporate culture 
B) Management 
C) organization 
D) Top management 
E) Departmentalization
F)Vision
G)delegation
H)matrix structure
I)span of management
J)controlling
K)decentralization
L)chain of command
M)SWOT analysis
N)Contingency planning
O)nonprogrammed decision
P)autocratic leaders
Q)Human skills
R)mission statement
S)competitive differentiation
T)Empowerment 
A) corporate culture 
B) Management 
C) organization 
D) Top management 
E) Departmentalization
F)Vision
G)delegation
H)matrix structure
I)span of management
J)controlling
K)decentralization
L)chain of command
M)SWOT analysis
N)Contingency planning
O)nonprogrammed decision
P)autocratic leaders
Q)Human skills
R)mission statement
S)competitive differentiation
T)Empowerment

Question 8

Which of the following is true of an organization's corporate culture?

Accepted Answer

A) A flexible corporate culture allows the organization to respond to shifts in technology. 
B) A corporate culture is framed and imposed on employees by the supervisory management. 
C) A corporate culture constitutes the vison and mission of an organization. 
D) A rigid corporate culture helps accommodate more customers and employees. 
A) A flexible corporate culture allows the organization to respond to shifts in technology. 
B) A corporate culture is framed and imposed on employees by the supervisory management. 
C) A corporate culture constitutes the vison and mission of an organization. 
D) A rigid corporate culture helps accommodate more customers and employees.

Question 9

How does strategic planning differ from tactical planning? Give an example of each type of planning.

Accepted Answer

Strategic planning is the most far-reach

Question 10

A fast food joint has decided to add a pork sandwich to its menu.This is an example of a(n)_____.

Accepted Answer

A) contingency decision 
B) emergency plan 
C) nonprogrammed decision 
D) programmed decision 
A) contingency decision 
B) emergency plan 
C) nonprogrammed decision 
D) programmed decision

Question 11

Which statement is true of the implementation phase of strategic planning process?

Accepted Answer

A) Often,it is the middle managers or supervisors who actually implement a strategy. 
B) It is the second phase of the strategic planning process. 
C) It involves securing feedback about performance. 
D) Often,a firm attempts to define the major opportunities and threats it is likely to face in this phase. 
A) Often,it is the middle managers or supervisors who actually implement a strategy. 
B) It is the second phase of the strategic planning process. 
C) It involves securing feedback about performance. 
D) Often,a firm attempts to define the major opportunities and threats it is likely to face in this phase.

Question 12

Valerie works directly with her subordinates.She allocates work to her team members and sets deadlines and targets for each member.She also conducts performance appraisal for her team members.Valerie is most likely to belong to _____.

Accepted Answer

A) middle management 
B) strategic management 
C) top management 
D) first-line management 
A) middle management 
B) strategic management 
C) top management 
D) first-line management

Question 13

Which of the following is true of autocratic leadership?

Accepted Answer

A) It is centered on the boss. 
B) It encourages two-way communication. 
C) It allows subordinates to make most of their own decisions. 
D) It is based on the concept of employee empowerment. 
A) It is centered on the boss. 
B) It encourages two-way communication. 
C) It allows subordinates to make most of their own decisions. 
D) It is based on the concept of employee empowerment.

Question 14

Describe each of the management functions.

Accepted Answer

The four management functions are planni

Question 15

What is the last step in the organizing process?

Accepted Answer

A) Coordinating the activities of different groups and individuals. 
B) Assigning activities to specific groups and people and allocate the necessary resources 
C) Evaluating the results of the process 
D) Grouping work activities into a logical structure 
A) Coordinating the activities of different groups and individuals. 
B) Assigning activities to specific groups and people and allocate the necessary resources 
C) Evaluating the results of the process 
D) Grouping work activities into a logical structure

Question 16

Kamal runs a multi-national firm which manufactures hi-tech medical equipment.In addition to its normal product lines,the company occasionally produces special products that require the cooperation of a variety of personnel from many departments.What form of organizational structure is best suited for this type of organization?

Accepted Answer

A) A matrix organizational structure 
B) An informal organizational structure 
C) A functional organizational structure 
D) A line organizational structure 
A) A matrix organizational structure 
B) An informal organizational structure 
C) A functional organizational structure 
D) A line organizational structure

Question 17

A petroleum refinery stockpiles crude oil so that it can easily switch between producing home heating oil and gasoline,depending on relative demand.This is an example of _____ planning.

Accepted Answer

A) contingency 
B) incident 
C) strategic 
D) operational 
A) contingency 
B) incident 
C) strategic 
D) operational

Question 18

In practice,ethical decisions are clear-cut and easy to make.

Accepted Answer

A) True 
 B)False

Question 19

Democratic leaders give their subordinates the authority to make all decisions.

Accepted Answer

A) True 
 B)False

Question 20

DAM Inc.is a cell phone service provider that offers 3G services.A new entrant in the market that offers 4G services is most likely to be a(n)_____ to DAM Inc.

Accepted Answer

A) weakness 
B) strength 
C) threat 
D) opportunity 
A) weakness 
B) strength 
C) threat 
D) opportunity

Taking an ethical stand always ensures that a company reaps profit.

Complete the following using the terms listed. -A _____ is a hierarchy of managers and workers which lets everyone know who is in charge.

_____ planning involves implementing the activities specified by strategic plans.

Angelo is part of a strategic planning team.He has identified that his company is a low-cost producer in its industry.This should be listed on a SWOT analysis as a(n)_____.

The basic purpose of directing is to evaluate the success of the planning function.

Complete the following using the terms listed. -The managerial process of assigning work to subordinates is called _____.

Complete the following using the terms listed. -A company that emphasizes _____ locates decision making at lower levels.

Which of the following is true of an organization's corporate culture?

How does strategic planning differ from tactical planning? Give an example of each type of planning.

A fast food joint has decided to add a pork sandwich to its menu.This is an example of a(n)_____.

Which statement is true of the implementation phase of strategic planning process?

Valerie works directly with her subordinates.She allocates work to her team members and sets deadlines and targets for each member.She also conducts performance appraisal for her team members.Valerie is most likely to belong to _____.

Which of the following is true of autocratic leadership?

Describe each of the management functions.

What is the last step in the organizing process?

A petroleum refinery stockpiles crude oil so that it can easily switch between producing home heating oil and gasoline,depending on relative demand.This is an example of _____ planning.

In practice,ethical decisions are clear-cut and easy to make.

Democratic leaders give their subordinates the authority to make all decisions.

DAM Inc.is a cell phone service provider that offers 3G services.A new entrant in the market that offers 4G services is most likely to be a(n)_____ to DAM Inc.

The Changing Face of Business

Business Ethics and Social Responsibility

Economic Challenges Facing Todays Business

Competing in World Markets

Forms of Business Ownership and Organization

Starting Your Own Business: the Entrepreneurship Alternative

Human Resource Management: From Recruitment to Labor Relations

Top Performance Through Empowerment, teamwork, and Communication

Production and Operations Management

Customer-Driven Marketing

Product and Distribution Strategies

Promotion and Pricing Strategies

Using Technology to Manage Information

Understanding Accounting and Financial Statements

The Financial System

Financial Management

Trends in E-Commerce

Filters

Exam 7: Management,leadership,and the Internal Organization

Taking an ethical stand always ensures that a company reaps profit.

Complete the following using the terms listed. -A _____ is a hierarchy of managers and workers which lets everyone know who is in charge.

_____ planning involves implementing the activities specified by strategic plans.

Angelo is part of a strategic planning team.He has identified that his company is a low-cost producer in its industry.This should be listed on a SWOT analysis as a(n)_____.

The basic purpose of directing is to evaluate the success of the planning function.

Complete the following using the terms listed. -The managerial process of assigning work to subordinates is called _____.

Complete the following using the terms listed. -A company that emphasizes _____ locates decision making at lower levels.

Which of the following is true of an organization's corporate culture?

How does strategic planning differ from tactical planning? Give an example of each type of planning.

A fast food joint has decided to add a pork sandwich to its menu.This is an example of a(n)_____.

Which statement is true of the implementation phase of strategic planning process?

Valerie works directly with her subordinates.She allocates work to her team members and sets deadlines and targets for each member.She also conducts performance appraisal for her team members.Valerie is most likely to belong to _____.

Which of the following is true of autocratic leadership?

Describe each of the management functions.

What is the last step in the organizing process?

A petroleum refinery stockpiles crude oil so that it can easily switch between producing home heating oil and gasoline,depending on relative demand.This is an example of _____ planning.

In practice,ethical decisions are clear-cut and easy to make.

Democratic leaders give their subordinates the authority to make all decisions.

DAM Inc.is a cell phone service provider that offers 3G services.A new entrant in the market that offers 4G services is most likely to be a(n)_____ to DAM Inc.

The Changing Face of Business

Business Ethics and Social Responsibility

Economic Challenges Facing Todays Business

Competing in World Markets

Forms of Business Ownership and Organization

Starting Your Own Business: the Entrepreneurship Alternative

Human Resource Management: From Recruitment to Labor Relations

Top Performance Through Empowerment, teamwork, and Communication

Production and Operations Management

Customer-Driven Marketing

Product and Distribution Strategies

Promotion and Pricing Strategies

Using Technology to Manage Information

Understanding Accounting and Financial Statements

The Financial System

Financial Management

Trends in E-Commerce

Filters