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ADMN 232 Introduction to Management Final Exam Review Questions with Answers Key Athabasca University $14.49   Add to cart
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ADMN 232 Introduction to Management Final Exam Review Questions with Answers Key Athabasca University
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This sample final examination is representative of the TYPES of questions you will encounter on the actual exam. However, it is NOT representative of the NUMBER of questions you can expect—the actual final examination will have many more questions.

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  • August 26, 2024
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  • 2024/2025
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  • Questions & answers

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ADMN 232 Introduction to
Management Final Exam
Review Questions with
Answers Key Athabasca
University

, lOMoAR cPSD| 43283024




ADMN 232
Administrative Principles
Sample Final Examination Questions


Answers are provided at the end of this document.

Section 1: Multiple Choice Questions

CHP 6 1. Which of the following is one of the four conditions that must be met if a
firm’s resources are to be used to achieve a sustainable competitive advantage?

a. inexpensive
b. easily imitated
c. easily duplicated
d. no substitutable

CHP 6 2. Which of the following is (are) a major approach to corporate-level
strategy?

a. portfolio strategy
b. adoptable strategies
c. both of the above are such approaches
d. neither (a) nor (b) are such approaches

3. Significant cost reductions, employee layoffs, closing poorly performing stores,
offices, or manufacturing plants, or closing or selling entire lines of products or
services would be characteristic of a strategy.

a. portable
b. retrenchment
c. stability
d. first-level

4. Which of the following is not one of the five industry forces that determine an
industry’s overall attractiveness and potential for long-term profitability?

a. character of the rivalry
b. threat of nonsubstitutable resources
c. bargaining power of suppliers
d. All of the above are among those five industry forces.

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