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Final Exam for MGT 498
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Final Exam for MGT 498
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Final Exam for MGT 498, MGT 498 Final Exam
1. Which of the following statements is true about strategic alliances?
a. Strategic alliances exclude functions that are bought through bidding.
b. In strategic alliances, the power to make decisions is always evenly distributed amidst the firms.
c. Strategic alliances usually lead to one of the firms losing their relational advantage.
d. In strategic alliances, companies may choose to cooperate at any stage along the value chain.
2. Which of the following statements is true of corporate culture?
a. Culture proves to be very weak because it cannot inform action without the need for
supervision.
b. Put simply, culture is just how things are done in any organization.
c. It consists of behavioral assumptions that are considered inappropriate for organizational
members.
d. An organization’s culture, by itself, can be regarded as good.
3. The relatively fixed costs such as the costs of plant and equipment, which do not increase with an
increase in the number of units manufactured, are known as .
a. fixed cost of supply
b. fixed cost of demand
c. fixed cost of production
d. fixed cost of scale
4. A tool that measures four broad areas of organizational performance which are financial results,
customer goals, internal business processes, and learning and growth is called the .
a. metric tool
b. performance indication register
c. manager’s log
e. balance scorecard
5. Godwel Inc., an insurance company, wants to assign accountability for particular tasks. It wants to
measure the performance of every unit of the company. Which of the following organizational
elements will help Godwel accomplish the given task?
a. Style
b. Skill
c. Strategy
d. Structure
6. Blue Corp., a car manufacturing company, reaches its five-year goal of becoming market leader in
the domestic market. Upon reaching saturation in the local market, it decides to expand its
market globally in order to increase its profits. Which of the following is likely to be the primary
reason for Blue to enter the global market?
a. Longer product life
b. Sales growth
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