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MGT 103 final Exam Practice Questions and Answers (100% Pass
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©PREP4EXAMS@2024 [REAL EXAM DUMPS] Thursday, July 25, 2024 12:43 PMMGT 103 final Exam Practice Questions and Answers (100% Pass)
_____ are hired for short periods of time and provide greater flexibility, earn lower wages, and
often do not participate in benefits programs. - ✔️✔️Temporary workers
Which of the following actions represents an attempt to manage social responsibility through
ethical compliance? - ✔️✔️Creating a committee to review policies concerning selection of new
hires and promotion of employees
Which of the following draws from psychology, sociology, anthropology, economics, and
medicine? - ✔️✔️Organizational behavior
Alba Motorbikes is known for its heavyweight motorcycles. The company places emphasis on
the quality of the bikes and after-sale service. The brand also enjoys customer loyalty. This
scenario described Alba Motorbikes' - ✔️✔️distinctive competence.
The management at Loft Corp. has introduced new employment policies. The mangers are now
tracking and monitoring the implementation of the new policies. Which of the following
management functions is illustrated in the scenario? - ✔️✔️Controlling
Which of the following statements about first-line managers is true? - ✔️✔️They typically spend a
large proportion of their time supervising the work of their subordinates.
Which of the following is a concern of the technological dimension of an organization's general
environment? - ✔️✔️Tools, methods, and technology
Which of the following statements is true about tactical goals? - ✔️✔️Their focus is on how to
operationalize actions necessary to achieve strategic goals.
_____ can be defined as a set of activities directed at an organization's resources, with the aim of
achieving organizational goals in an efficient and effective manner. - ✔️✔️Management
Strategy formulation is the - ✔️✔️set of processes for determining the strategies that will be used
by an organization.
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, ©PREP4EXAMS@2024 [REAL EXAM DUMPS] Thursday, July 25, 2024 12:43 PM
A management process is considered to be effective when: - ✔️✔️the right decisions are made and
implemented.
Kelly, a manager, studied the performances of the various business units of her organization.
After making an assessment, Maria came to the conclusion that the overall costs of the
organization can be reduced by integrating the functions of two of the business units. This
scenario illustrates Kelly's _____ skills. - ✔️✔️Conceptual
During the introduction phase of the product life cycle - ✔️✔️demand may be very high
Which of the following is an accurate difference between the task environment and the general
environment? - ✔️✔️The task environment provides useful information more readily than the
general environment.
The set of broad dimensions and forces in an organization's surroundings that determines its
overall context is called the _____ environment. - ✔️✔️General
Alex, one of the proprietors of Atlas Corp. is worried. The stock market was not doing well,
unemployment was 10 percent, inflation was on the rise again, and government debt was still
increasing. These concerns of Alex are related to the _____ dimension of the general
environment of Atlas Corp. - ✔️✔️Economic
Which of the following accurately describes the responsibility of a corporate board of directors?
- ✔️✔️Ensuring the firm is run to best serve the stockholders' interests
Which of the following statements is true about strategic goals? - ✔️✔️They focus on broad and
general issues.
_____ skills refer to the abilities of managers to think in the abstract. - ✔️✔️Conceptual
In the context of SWOT analysis, which of the following would be considered as an
organization's strength? - ✔️✔️Favorable government policies
Determining how a company's activities and resources are to be grouped is called -
✔️✔️organizing.
A business manufactures top-of-the-line cabinets. The _____ dimension of its general
environment includes computer-assisted design software that helps to convert wood and people's
idea into lovely, functional cabinets. - ✔️✔️Technological
Which of the following is a Theory Y assumption? - ✔️✔️People do not naturally dislike work.
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