Management midterm

Gilda has an idea that would streamline operations, reduce costs, and increase profits. Her idea requires the cooperation of several departments, some of which have demonstrated a resistance to change. By considering the context in which the changes must happen and the people in her organization, Gilda is using ________.

Evidence based management

Human skills are less important as one moves from first line supervisor to top managers

False

Mission and vision are unrelated to the strategies businesses should develop.

False

Most businesses have only the single goal of making profits.

False

Once the alternatives to solving a problem have been identified, the next step in the decision-making process is selecting one of these alternatives.

False

Planning helps managers eliminate uncertainty and insulates organizations from change

False

Planning is concerned with how objectives are to be accomplished, not what is to be accomplished.

False

Process losses can be completely avoided with proper teamwork.

False

Which one of the following stages in group development involves defining the group's structure and leadership?

Forming

Which of the following from lecture do studies suggest that managers take into account when considering ethical implications?

Greatness of harm and consensus of wrong.

Managers who consider the impact of their organization on the natural environment are said to be practicing ______

Green management

Wasting resources is considered to be an example of

Inefficiency

Which of the following is a process gain?

Information exchange

Which of the following ethical principles is a CEO advancing if they claim that their company will never take action that is treats people unequally?

Justice

Tom is responsible for project managers who supervise others who perform manual work. He reports to a Vice President on another continent. Tom is a

Middle manager

A _____ type of problem and decision requires thinking and is not routine.

Non-programmed

When managing teams, which of the following is NOT a key consideration from the textbook?

Paradox

Andrew is reviewing next weeks orders, scheduling orders to a machines and making sure they stay in budget. Andrew is engaged in

Planning

The triple bottom line focuses on all of the following except

Policy

Which of the following is NOT an element of smart goals?

Reachable

Which of the following are ways to encourage ethical conduct in your organization?

Recruit and hire for ethics, develop code of ethics train employees and creat an ethical environment

Joe's team implemented one of the ideas to avoid crane crashes. The team needs to evaluate the results because of ________.

Results may vary from expectations

The last step in the planning process is

Review results

Bobby is working to understand how to engage in self leadership by writing down some of the positive and negative behaviors he has done over the past several days. He is engaging in which type of leadership?

Self-reflection

If your university was paying minimum wage when necessary and applying the minimum legal standards to its employees work environment, it would be said to have fulfilled its

Social obligation

Following Hurricane Katrina in 2005, WalMart sent semis loaded with items such as bottled water, diapers, and other daily necessities to the New Orleans area. We can say that WalMart exercised

Social responsibility

Under what approach does the organization work to meet the environmental demands of multiple groups of people including employees, suppliers, or the community?

Stakeholder approach

Which of the following types of plans is the most broad?

Strategic

The CEO is meeting with his top managers to determine how best to compete successfully in the company's market. This group is developing the company's

Strategy

Which of the following is the bias where a decision maker forgets that current choices can't correct past decisions.

Sunk costs

Brian and Alex are having a disagreement over what the purpose of the team is. They argue about how to complete the team's work. They are having which type of conflict?

Task

A "blue ocean" strategy means that

The stradegy is focused on creating a new industry

A mission statement focuses on what an organization wants to accomplish

True

A self regulation behavior would be retraining the situation and appraising how important it is to you.

True

According to the socioeconomic view, managers' social responsibilities go beyond making profits to include protecting and improving society's welfare

True

Strategic management helps coordinate the efforts of all department and functional areas of an organization.

True

The phenomenon of escalation of commitment refers to an increased commitment to a previous decision despite evidence that it may have been wrong.

True

Casey realizes that she has a personal characteristic that suggests she is not comfortable interacting with strangers. She interprets this as a(n) ________ if she is to get a job as a salesperson.

Weakness

A problem can best be described as

a difference between current conditions and some desired state

Nike, Inc. is a sportswear and equipment manufacturer that serves a multitude of sports disciplines. Which one of the following statements from Nike would be the best example of a strategic goal?

accelerating growth through focused execution

The effect of planning on managers is that it forces them to

anticipate and respond to change

A ________ describes the rationale of how a company is going to make money.

business model

After identifying a problem, the next step in the decision-making process is

identifying decision critical

In the decision-making process, while ________, the decision maker puts the decision into action by conveying it to those affected by it and getting their commitment to it.

implementing an alternative

Brutus' Fried Chicken patented the recipe for the spices used in the coating of the chicken. The patent protection lasts for 17 years. Brutus' Fried Chicken will view this patent protection as a(n) ________.

opportunity during the time of the patent protection

Which of the following is a reason to have a team charter?

- Describes ineffective behaviors Not Selected - Sets clear expectations - serves as a strong ice breaker activity

An individual who with and through other people by coordinating their work activities i order to accomplish organizational goals is a

A manager

The team process equation is which fo the following?

Actual productivity = (Potential productivity) + (process gains) - (process losses)

The most important thing to consider when figuring out strategy throughout the organization is

Alignment

Computer peripherals provider Ascent plans to enter a new market in another country. Which one of the following represents a threat for Ascent?

Ascent will have to plan its entry carefully as the laws in the country do not favor foreign businesses.

A _____ barrier to decision making means that we make decisions with incomplete information.

Bounded rational

Appleton would like to build a coal-burning electric generating facility located in a remote area because the cost involved is moderate. Appleton is following which of the social responsibility views?

Classical view

A company who strives for efficiency and reducing costs is likely using a _________ industry position strategy

Cost leadership

In class, we discussed the company Jokr and their unique competitive advantage. According to the class discussion, which of the following was Jokr's industry positioning strategy?

Differentiation focused