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MGMT 1136: Management and Organisations || with 100% Correct Answers.

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A new drug has not been approved by the federal government to sell in Australia because further testing is needed. The company has a chance to sell its product in Asia immediately to start recovering the costs of R & D and production three years ahead of time. This example places the decision in wh...

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  • August 25, 2024
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  • MGMT 1136: Management and Organisations || with 10
  • MGMT 1136: Management and Organisations || with 10
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MGMT 1136: Management and Organisations || with 100%
Correct Answers.
A new drug has not been approved by the federal government to sell in Australia because further
testing is needed. The company has a chance to sell its product in Asia immediately to start
recovering the costs of R & D and production three years ahead of time. This example places the
decision in which of the categories from the text? correct answers The ethical domain

What best describes the position of a functional manager? correct answers Supervise employees
with similar skills and training

A(n) ___________ system is one that is able to gather resources from the external environment:
correct answers open

Your company is interested in producing and marketing a line of outdoor wear that will penetrate
the Chinese market. Your organisation is willing to supply the equipment, products, product
ingredients, trademark and standardised operating system. What type of strategy are you going to
use? correct answers A franchise

Which sectors present the greatest potential for international mistakes? correct answers Internal,
sociocultural and governmental

Political risk is defined as an organisation's risk of ________________ due to politically based
events or actions by host governments. correct answers Loss of assets, earning power, or
managerial control

A social entity that is goal directed and deliberately structured is referred to as: correct answers
an organisation

When everyone is pursuing self-direction, the greater good is ultimately served because people
learn to accommodate each other in their own long-term interest. This is an example of: correct
answers individualism approach

The process that provides a systematic way to identify the expectations, needs, importance and
relative power of various stakeholders is known as: correct answers stakeholder mapping

Sarah believes her employees are responsible and able to work without intense direction and
supervision. Sarah is a: correct answers Theory Y manager

Primary stakeholders of an organisation include: correct answers Employees, customers,
suppliers, investors and shareholders

According to Mintzberg, which of the following is an interpersonal role? correct answers Liaison

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