Question 1

The one concept that does not accurately describe factors impacting careers in the new economy is:

Accepted Answer

A) Free agency. 
B) Flexibility. 
C) Entrepreneurship. 
D) Guaranteed employment. 
E) Skill portfolios. 
A) Free agency. 
B) Flexibility. 
C) Entrepreneurship. 
D) Guaranteed employment. 
E) Skill portfolios.

Question 2

Value creation refers to the operation through which a business or non-profit organization can add value to the original cost of resource inputs while the business organization earns a profit or the non-profit organization adds wealth to society.

Accepted Answer

A) True 
 B)False

Question 3

Managerial competencies are implied in which of the following managerial elements?

Accepted Answer

A) The management processes of planning,organizing,leading,and controlling. 
B) The information,interpersonal,and decision-making demands of managerial roles. 
C) The managerial activities of agenda setting and networking. 
D) All of the above reflect managerial competencies. 
E) None of the above reflects managerial competencies. 
A) The management processes of planning,organizing,leading,and controlling. 
B) The information,interpersonal,and decision-making demands of managerial roles. 
C) The managerial activities of agenda setting and networking. 
D) All of the above reflect managerial competencies. 
E) None of the above reflects managerial competencies.

Question 4

__________ managers use their special technical expertise to support the efforts of __________ managers.

Accepted Answer

A) General ... functional 
B) Administrative ...project 
C) Higher-level ... lower-level 
D) Staff...line 
E) Line ... staff 
A) General ... functional 
B) Administrative ...project 
C) Higher-level ... lower-level 
D) Staff...line 
E) Line ... staff

Question 5

Organizing is the process of assigning tasks,allocating resources,and coordinating the activities of individuals and groups to implement plans.

Accepted Answer

A) True 
 B)False

Question 6

To survive in the new workplace,people must have links with peers and others inside and outside the organization in order to get things done and be able to communicate personal and work group successes and progress.

Accepted Answer

A) True 
 B)False

Question 7

Ethics refers to a code of moral principles that sets standards of what is "good" or "right" as opposed to what is "bad" or "wrong."

Accepted Answer

A) True 
 B)False

Question 8

Workforce diversity describes demographic differences among members of the workforce focusing primarily on income,social status,education,and experience.

Accepted Answer

A) True 
 B)False

Question 9

According to Henry Mintzberg,managerial roles that involve interactions with people inside and outside the work unit are called __________.

Accepted Answer

A) informational roles 
B) interpersonal roles 
C) decisional roles 
D) technical roles 
E) human roles 
A) informational roles 
B) interpersonal roles 
C) decisional roles 
D) technical roles 
E) human roles

Question 10

Which of the following statements accurately describe the concept of environmental uncertainty?

Accepted Answer

A) Environmental uncertainty consists of two components - complexity of the environment and rate of change in the environment. 
B) High environmental uncertainty occurs when the rate of change in the environment is high and the complexity of the environment is low. 
C) Low environmental uncertainty occurs when the rate of change in the environment is low and the complexity of the environment is high. 
D) All of the above statements accurately describe environmental uncertainty. 
E) None of the above statements accurately describe environmental uncertainty. 
A) Environmental uncertainty consists of two components - complexity of the environment and rate of change in the environment. 
B) High environmental uncertainty occurs when the rate of change in the environment is high and the complexity of the environment is low. 
C) Low environmental uncertainty occurs when the rate of change in the environment is low and the complexity of the environment is high. 
D) All of the above statements accurately describe environmental uncertainty. 
E) None of the above statements accurately describe environmental uncertainty.

Question 11

The general environment consists of the economic,social-cultural,legal-political,technological,and natural environment conditions in the external environment that can substantially influence the operations of an organization.

Accepted Answer

A) True 
 B)False

Question 12

Prejudice is the holding of negative opinions and attitudes about people who lack interpersonal or technical skills.

Accepted Answer

A) True 
 B)False

Question 13

National and geographic boundaries of world business are becoming increasingly more well-defined as global competition increases.

Accepted Answer

A) True 
 B)False

Question 14

A manager who emphasizes meeting production targets even if there is a cost overrun is more interested in performance efficiency than in performance effectiveness.

Accepted Answer

A) True 
 B)False

Question 15

In an upside-down pyramid,managers symbolically remain at the top of the organizational pyramid.

Accepted Answer

A) True 
 B)False

Question 16

Top managers are responsible for the performance of an organization as a whole or for one of the larger parts.

Accepted Answer

A) True 
 B)False

Question 17

__________ pursue work unit performance objectives that are consistent with higher-level organizational goals.

Accepted Answer

A) Top managers 
B) Middle managers 
C) Team leaders or supervisors 
D) Functional managers 
E) General managers 
A) Top managers 
B) Middle managers 
C) Team leaders or supervisors 
D) Functional managers 
E) General managers

Question 18

Jobs titles such as chief operating officer COO),chief executive officer CEO),or vice president are commonly used by ____________________in organizations.They are responsible for setting the overall direction of a company and making sure that major organizational objectives are achieved.

Accepted Answer

A) board members 
B) top managers 
C) team leaders 
D) middle managers 
E) functional managers 
A) board members 
B) top managers 
C) team leaders 
D) middle managers 
E) functional managers

Question 19

The "themes of the day" for great organizations in the New Economy are:

Accepted Answer

A) Participation,Respect,Tradition,Involvement,Self-management 
B) Self-management,Involvement,Respect,Participation,Teamwork 
C) Involvement,Respect,Self-management,Teamwork,Shareholder value 
D) Respect,Involvement,Participation,Self-management,Control 
E) Self-management,Participation,Teamwork,Respect,Action 
A) Participation,Respect,Tradition,Involvement,Self-management 
B) Self-management,Involvement,Respect,Participation,Teamwork 
C) Involvement,Respect,Self-management,Teamwork,Shareholder value 
D) Respect,Involvement,Participation,Self-management,Control 
E) Self-management,Participation,Teamwork,Respect,Action

Question 20

Which of the following are appropriate targets for ethical and social responsibility issues?

Accepted Answer

A) Concerns for the natural environment. 
B) Protection of consumers. 
C) Protection of human rights. 
D) Product Safety. 
E) All of the above. 
A) Concerns for the natural environment. 
B) Protection of consumers. 
C) Protection of human rights. 
D) Product Safety. 
E) All of the above.

The one concept that does not accurately describe factors impacting careers in the new economy is:

Value creation refers to the operation through which a business or non-profit organization can add value to the original cost of resource inputs while the business organization earns a profit or the non-profit organization adds wealth to society.

Managerial competencies are implied in which of the following managerial elements?

managers use their special technical expertise to support the efforts of managers.

Organizing is the process of assigning tasks,allocating resources,and coordinating the activities of individuals and groups to implement plans.

To survive in the new workplace,people must have links with peers and others inside and outside the organization in order to get things done and be able to communicate personal and work group successes and progress.

Ethics refers to a code of moral principles that sets standards of what is "good" or "right" as opposed to what is "bad" or "wrong."

Workforce diversity describes demographic differences among members of the workforce focusing primarily on income,social status,education,and experience.

According to Henry Mintzberg,managerial roles that involve interactions with people inside and outside the work unit are called __________.

Which of the following statements accurately describe the concept of environmental uncertainty?

The general environment consists of the economic,social-cultural,legal-political,technological,and natural environment conditions in the external environment that can substantially influence the operations of an organization.

Prejudice is the holding of negative opinions and attitudes about people who lack interpersonal or technical skills.

National and geographic boundaries of world business are becoming increasingly more well-defined as global competition increases.

A manager who emphasizes meeting production targets even if there is a cost overrun is more interested in performance efficiency than in performance effectiveness.

In an upside-down pyramid,managers symbolically remain at the top of the organizational pyramid.

Top managers are responsible for the performance of an organization as a whole or for one of the larger parts.

__________ pursue work unit performance objectives that are consistent with higher-level organizational goals.

Jobs titles such as chief operating officer COO),chief executive officer CEO),or vice president are commonly used by ____________________in organizations.They are responsible for setting the overall direction of a company and making sure that major organizational objectives are achieved.

The "themes of the day" for great organizations in the New Economy are:

Which of the following are appropriate targets for ethical and social responsibility issues?

Management Learning Past to Present

Global Dimensions of Management

Ethics, Social Responsibility and Sustainability

Managing Entrepreneurship and Small Business

Planning and Techniques

Strategy and Strategic Management

Organizational Structure and Design

Innovation and Organizational Change

HRM: Building a Winning Culture

Leadership and Communication

Individual Behaviour

Information and Decision-Making

Motivation

Teams

Control

Operations and Services Management

Filters

Exam 1: Intro to Management

The one concept that does not accurately describe factors impacting careers in the new economy is:

Value creation refers to the operation through which a business or non-profit organization can add value to the original cost of resource inputs while the business organization earns a profit or the non-profit organization adds wealth to society.

Managerial competencies are implied in which of the following managerial elements?

__________ managers use their special technical expertise to support the efforts of __________ managers.

Organizing is the process of assigning tasks,allocating resources,and coordinating the activities of individuals and groups to implement plans.

To survive in the new workplace,people must have links with peers and others inside and outside the organization in order to get things done and be able to communicate personal and work group successes and progress.

Ethics refers to a code of moral principles that sets standards of what is "good" or "right" as opposed to what is "bad" or "wrong."

Workforce diversity describes demographic differences among members of the workforce focusing primarily on income,social status,education,and experience.

According to Henry Mintzberg,managerial roles that involve interactions with people inside and outside the work unit are called __________.

Which of the following statements accurately describe the concept of environmental uncertainty?

The general environment consists of the economic,social-cultural,legal-political,technological,and natural environment conditions in the external environment that can substantially influence the operations of an organization.

Prejudice is the holding of negative opinions and attitudes about people who lack interpersonal or technical skills.

National and geographic boundaries of world business are becoming increasingly more well-defined as global competition increases.

A manager who emphasizes meeting production targets even if there is a cost overrun is more interested in performance efficiency than in performance effectiveness.

In an upside-down pyramid,managers symbolically remain at the top of the organizational pyramid.

Top managers are responsible for the performance of an organization as a whole or for one of the larger parts.

__________ pursue work unit performance objectives that are consistent with higher-level organizational goals.

Jobs titles such as chief operating officer COO),chief executive officer CEO),or vice president are commonly used by ____________________in organizations.They are responsible for setting the overall direction of a company and making sure that major organizational objectives are achieved.

The "themes of the day" for great organizations in the New Economy are:

Which of the following are appropriate targets for ethical and social responsibility issues?

Management Learning Past to Present

Global Dimensions of Management

Ethics, Social Responsibility and Sustainability

Managing Entrepreneurship and Small Business

Planning and Techniques

Strategy and Strategic Management

Organizational Structure and Design

Innovation and Organizational Change

HRM: Building a Winning Culture

Leadership and Communication

Individual Behaviour

Information and Decision-Making

Motivation

Teams

Control

Operations and Services Management

Filters

managers use their special technical expertise to support the efforts of managers.