Final Exam MGT 105 PART ONE WKS 1-8 || Already Passed.
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Course
MGT 105
Institution
MGT 105
All of the following are common arguments against social responsibility for organizations, except: correct answers business creates problems and should therefore help solve them.
Goals can:
a. provide guidance and direction.
b. improve planning.
c. motivate employees.
d. provide measure and ...
Final Exam MGT 105 PART ONE WKS 1-8 || Already
Passed.
All of the following are common arguments against social responsibility for organizations,
except: correct answers business creates problems and should therefore help solve them.
Goals can:
a. provide guidance and direction.
b. improve planning.
c. motivate employees.
d. provide measure and control. correct answers All of the choices apply.
The classical management perspective consists of: correct answers scientific management and
administrative management.
When a firm develops a set of strategic alternatives for all the various businesses in which it
competes, it has developed a business-level strategy. correct answers True
The primary purpose of the management process is to: correct answers achieve organizational
goals efficiently and effectively.
Which of the following statements can be used to explain the growth of international business?
correct answers Many countries in Europe and Asia were devastated after World War II and had
to be rebuilt.
Scientific management focuses on: correct answers improving the efficiency of the individual
worker.
GE competes in industries ranging from medical devices, to financial services, to turbine
engines. GE's mixed strategy is an example of: correct answers corporate-level strategy
Which of the following is not one of the management skills mentioned in the text? correct
answers Commanding skills
In contrast to strategic plans, tactical plans: correct answers must specify resources and time
frames.
Which of the following is not one of the alternative international strategies? correct answers
Lateral investment
Which of the following would you observe if you wanted to determine an organization's culture?
a. The physical appearance of the organization's facilities
b. The level of formality or informality in communication
c. Employees' dress and demeanor
, d. The types of stories workers tell about their job experiences correct answers All of the choices
apply.
The first person to identify the managerial functions of planning, organizing, leading, and
controlling was: correct answers Henri Fayol.
Which of the following actions represents an attempt to manage social responsibility by means of
ethical compliance? correct answers Creating a committee to write a code of conduct or review
proposals concerning selection and promotion
Which of the following is a true statement?
Corporate-level strategy is about managing several businesses simultaneously.
b. Business-level strategy is made by managers at a lower level of the organization hierarchy
than is corporate-level strategy.
c. Business-level strategy focuses on selling a particular set of products in a particular market.
correct answers All of the choices apply.
Which of the following is the most common form of a decision-making group? correct answers
Interacting
International business is not an option for small companies because of the cost and risks. correct
answers False
The most common methods of group and team decision making are interacting groups, Delphi
groups, and nominal groups. Increasingly, these methods of group decision making are being
conducted online. correct answers True
According to your textbook, which of the following pieces of advice is likely to lead to
entrepreneurial success?
a. Be flexible in order to take advantage of changing opportunities.
b. Work for someone else in your desired field before starting your own business in order to gain
experience and skills.
c. Make the new venture your full-time job and devote significant amounts of time to hands-on
management.
d. Have enough money to operate for at least six months to one year without any profit. correct
answers All of the choices apply.
An entrepreneur does all of the following, except: correct answers hire a professional manager.
All of the following are advantages of group decision making, except: correct answers
groupthink may occur.
Which of the following decision-making models is a prescriptive model? correct answers
Classical
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