Exam 3: The Management Environment

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According to a recent poll, 50 percent of adults feel that economic inequality is not a problem.

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False

Strong organizational culture can eliminate the need for rules and bylaws.

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True

Which of the following is NOT considered to be a characteristic of organizational culture?

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C

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?

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Which of the following is NOT a common way in which corporate cultures are transmitted to employees?

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Which of the following identifies the best illustration of the phrase "demographics is destiny"?

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In a short essay, describe a real or fictional company that exists in cell 1 of the environmental uncertainty matrix.

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The CEO of a major corporation experiences emotional problems and is prescribed antidepressants by his psychiatrist. Which of the following do the CEO's stakeholders have the most legitimate right to be informed about?

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Which managerial organizing decision is most affected by organizational culture?

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Experts now agree that the role of government in the U.S. economy will be greatly diminished in the years to come.

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Strong cultures make a manager's job easy because all organizational policies, practices, and traditions are provided in writing for easy reference.

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The culture of an organization is analogous to the ________ of an individual.

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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 Congress is likely to take action in the coming year to ban violent games. TJ Soft has several games that could be considered violent. Which component of the external environment will affect TJ Soft the most in this situation?

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The external environment of an organization includes factors and forces that can affect how the organization operates.

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The market crash in 2008 was largely a result of ________ the free market system.

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

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What does the story of 3M employee Art Fry inventing the Post-it® note to make church hymns communicate to 3M employees?

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Prior to the recent recession that began in 2008, many businesses became highly leveraged, which is another term for a company with a high debt-to-assets ratio.

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What is a ritual like the "Passing of the Pillars" meant to convey to company employees?

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Explain the phrase "demographics is destiny" and give an example of this idea in today's world.

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