BA490 Quizzes for Test #2
A firm's bond rating slips by 1 category for each ______ in interest A. additional 0.5% B. additional 1.0% C. 5.0% decrease D. 10.0% decrease E. bond ratings remain constant
A
Which of the following is an important characteristic of a leader? A. goal-oriented B. satisfied with the status quo C. reactive D. focused on past performance
A
According to the skills approach to leadership, conceptual skills are least needed at what level of management compared to the others: A. Middle B. Supervisory C. Top D. None of the above. They are equally important at each level.
B
All of the following statements about simple organizational structures are true EXCEPT which? A. Small firms with a narrow product-market scope will adopt such a structure. B. Decision making authority is highly centralized. C. There is little specialization of tasks. D. Creativity and individualism are rare.
D
Capital needed for company activities cannot be acquired through: A. stocks and bonds B. profits C. current debt D. arbitrarily firing employees E. all of the above
D
According to the S-shaped curve, diminishing returns for a single year budget becomes significant at
$750,000
Cash and profit are synonymous.
False
According to trait theory, there are 5 traits that all leaders should possess or cultivate if one seeks to be perceived by others as a leader. Which of the following is NOT one of these traits: A. Intelligence B. Self interest C. Integrity D. Determination E. Self Confidence
B
At ABC Corporation, work is divided into units that specialize in production, marketing, research and development, and other management tasks. This is an example of a A. simple structure. B. functional structure. C. divisional structure. D. matrix structure.
B
Complicated working relationships and intense power struggles are disadvantages of what type of organizational structure? A. divisional B. matrix C. holding company D. functional
B
Position power is that which is associated with the office or rank in an organization. All of the following fall under position power EXCEPT A. Legitimate B. Referent C. Reward D. Coercive
B
There are 4 organizational culture types we studied. They are: A. Barrier-free, modular, matrix, ambidextrous B. Adhocracy, clan, hierarchy, and market C. National, international, domestic, global D. None of the above.
B
Top managers at ABC Company meet every Friday to review daily operational reports and year-to-date data. This is an example of A. behavioral control. B. informational control. C. strategy formulation. D. strategy implementation.
B
Which component of Emotional Intelligence (EI) enables a manager to have a deep understanding of the existence and importance of cultural and ethnic differences? A. self-awareness B. empathy C. social skills D. self-regulation
B
Which financial obligation is best satisfied with Bond Issues? A. Accounts Payable B. Paying for increased production capacity C. Changes in A/R policy D. Salary increases E. All of the above
B
Which of the following is an advantage of a divisional type of organizational structure? A. Efficient use of managerial and technical talent. B. An enhanced ability to respond quickly to changes in the external environment. C. High degree of emphasis on long-term performance. D. Uniformity in image and quality across divisions.
B
An organization such as Conagra that has dozens of different divisions with similar products will probably have the greatest success with which form of organization structure? A. Functional structure B. Matrix structure C. Strategic business unit structure D. Holding company structure
C
Most organizations with strong cultures and a sound system of rewards and incentives can eventually internalize boundaries rather than use explicit rules and regulations. Which of the following is not a technique for moving in that direction? A. Hire people that identify with the organization's dominant values. B. Develop managerial role models. C. Minimize training and indoctrination. D. Align reward systems with organizational goals and objectives.
C
When subcultures emerge that have shared values opposite from the dominant culture of an organization A. organizational cohesiveness increases. B. information is shared rather than hoarded. C. individuals begin working at cross purposes. D. individuals gain insights into overarching goals and objectives.
C
Which financial obligation is best satisfied with Current Debt Issues as opposed to other financing choices according to the Team Member Guide? A. Accounts Payable B. Paying for increased production capacity C. Accounts Receivable and inventory D. Salary increases E. All of the above
C or D
The exact outcome of TQM efforts appear on the TQM report, and as bar charts on the RQM spreadsheet. There results are for
Cumulative for the previous and all remaining rounds (assuming no additional investment is made)
Five components of emotional intelligence include A. self awareness, self regulation, self interest, empathy, and social skills. B. self awareness, self regulation, self interest, sympathy, and social skills. C. self awareness, self regulation, motivation, sympathy, and social skills. D. self awareness, self regulation, motivation, empathy, and social skills.
D
Rules and regulations are examples of A. implicit controls. B. informational controls. C. cultural norms. D. boundaries and constraints.
D
Which skill is associated with having knowledge about and being proficient in a specific type of work or activity? A. Conceptual B. Communication C. Human D. Technical
D
Investing in the same TQM initiative round after round will create
Diminishing returns
Leaders are not expected to accept personal responsibility for ethical behavior in an organization because ethics is a matter of individual choice.
False
Rarely does it make sense to run a company using debt.
False
If a company with low automation wanted to invest in a single area that exclusivly lowers costs, thwy would select
QIT (quality initiative training)
The TQM report can be accessed from
The foundation Fastrack
