Exam 3: The Management Environment

Which kind of company would be less likely to fire its CEO after a poor performance?

Which managerial planning decision is most affected by organizational culture?

What determines whether an organization has a strong culture or a weak culture?

Using special language and unique terms to describe things is part of how culture is communicated.

The components of an organization's external environment include a technological component and a political component.

Which kind of organizational culture do the following values describe? 1. Don't be lazy or sloppy. 2) It's better to try a good idea and fail then to stick with a bad idea. 3) When you think your product is perfect, go back and try to make it better.

Theodore and Janice have formed TJ Soft, an entrepreneurial venture to develop games and other kinds of software for consumers. Theodore has just read an article that describes the explosion of computer games among young people in India using cell phones and simple computers. This generation in India has well over 300 million people in it, and if TJ Soft can capture just a tiny portion of that market it will be highly successful. Which component of the external environment will affect TJ Soft the most in this situation?

Which of the following provides the best illustration of technology transforming how managers manage in the workplace?

Gen Xers are generally the children of the Baby Boomers.

Which of the following nations is likely to experience the greatest population increase in the years to come?

Experts believe that in the future, income disparity between countries and individual wage earners will be eliminated.

Organizational traditions should not be followed if they don't fit with the current demands of customers and shareholders.

Theodore and Janice have formed TJ Soft, an entrepreneurial venture to develop games and other kinds of software for consumers. Janice loves the company but feels that the economy is too slow to expect any kind of overwhelming success at this point in time. For now, Janice just wants the company to survive. In a few years the company perhaps can look forward to true success. Which view of management does Janice espouse?

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

How employees dress has nothing to do with an organization's culture.

High interest rates have been identified as a major cause of the economic meltdown that began in 2008.

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

The U.S. housing market been identified as a major cause of the economic meltdown that began in 2008.

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?

Problems in the U.S. economy have affected economic systems around the world.