MGMT 3000W Quiz Questions

True

Limitations when using justice principle involve the question of who decides who is right and wrong and who has been harmed in complex situations.

True

Maximizing shareholder wealth is often a short-sighted decision because it can harm the organization's financial viability in the future.

be administered without flexibility to avoid confusion

Planning for organizational events, whether in the internal or external environment, should include all of the following EXCEPT:

Contingency approach

The approach to leadership which states group effectiveness is a result of the match between the leader's disposition toward others and the situation is the:

The industrial revolution

The emergence of British power spawned the third major advance in management, _________.

human relations theory recognized that social factors were a source of power in the workplace.

The major difference between scientific management and human relations theory was that

The great man theory

The starting point for the development of the study of leadership began with:

False

The two sources for debt financing are angel investors and venture capitalists.

Task performance and group maintenance

Two important group outcomes or consequences of the interactive process that unfolds between a leader, follower, and the situation include:

Executive managers

Which of the following are at the top of the hierarchy and are responsible for the entire organization, especially its strategic direction?

Altruism

Which of the following describe a steadfast devotion to improving the welfare of others?

Evidence-based

Which of the following describe an approach to decision-making that states that managers should systematically collect the best indications available to help them make effective decisions?

Equity

_____ financing is a form of financing consisting of funds raised through the sale of stock in a business.

Organizational change

_____ refers to the constant shifts that occur within an organizational system.

Terminal values

________ are desired goals, objectives, or end states that individuals wish to pursue.

False

Elton Mayo argued that an executive's purpose is to gain resources from members within the organization by ensuring that they perform their jobs and that cooperation exists between various groups within the organization.

False

Emergent approaches to change rely on mechanistic assumptions about the nature of an organization.

False

A diffuse organization concentrates resources in only a one or very few locations, or only a few individuals are authorized to make decisions about the use of resources.

Values-based leadership

According to Chester Barnard, ______ is one that inspires "cooperative personal decisions by creating faith in common understanding, faith in the probability of success, faith in the ultimate satisfaction of personal motives, and faith in the integrity of common purpose.

Leader

According to Mintzberg, which of the following role is interpersonal?

Simple-unstable environment

According to the environment-industry-organization fit model, Cell 3 represents which of these environments?

Empathy

Michael is known for his ability to understand other peoples' emotions and he has a genuine interest in doing so. Michael can be rated high on which of these elements?

True

Natural disaster and human induced environmental problems are events such as high-impact hurricanes, and extreme temperatures as well as 'man-made' environmental disasters such as water and food crises; large-scale involuntary migration are a force that affects organizations.

Find the idea for his business

Once Arnold Patel had decided he wanted to quit working as a Web designer for a large advertising agency and go into some kind of business for himself, he did a self-assessment, which indicated that he had an entrepreneurial spirit. His next step will be to:

flexibility

One of the advantages of owning a small business is:

True

Our choices and decision-making processes and our moral principles and values that govern our behaviors regarding what is right and wrong are also part of ethics.

True

Supportive leadership is an important dimension of leader behavior for the path-goal model of leadership.

Ethical Paralysis

When leaders are unable to act on their values from lack of knowledge or fear of the consequences of their actions, it refers to which of these symptoms of the failure of ethical leadership?

False

The SMART framework can be applied to business or personal goals. A good goal should be specific, measurable, applicable, rewarded, and time-bound.

False

A geographic structure describes an organization that has multiple reporting lines of authority.

organizational scope plan

A plan that focuses on one of the organizations businesses would probably be a:

the Deming cycle

A way to assess the effects of planned action with a way to view continuous improvement by integrating organizational learning into the planning process is:

True

The evidence suggests that the differences between men and women are marginal when it comes to interpersonal versus a task orientation.

True

The first step in a traditional control model is to establish standards.

False

The influence of managers is most clearly seen, according to Mintzberg, in the figurehead role.

It depends

The key statement of the contingency school is

The informal leader

The leader that members of a group acknowledge as their leader is:

False

The major overview of the systems theorists was that firms were a closed system, that is, a system that interacts with its environment.

True

For ethical leaders, authenticity and integrity, in addition to their values, are also important components of character and behavior that must also be translated into attitude and action toward followers, external stakeholders, and broader communities.

Technical

For managers, ______ skills refer to having the ability to use the tools, procedures, and techniques of their special areas.

False

Goal setting enhances job satisfaction

False

In PESTEL analysis, a key question asked is are new firms coming into this market.

False

In PESTEL, factors are characterized as opportunities or threats.

True

In a leader role, a manager counsels, communicates, and directs subordinates.

Entreprenuership

In the ______ phase of the organizational life cycle, the organization is usually very small and agile, focusing on new products and markets. The founders typically focus on a variety of responsibilities, and they often share frequent and informal communication with all employees in the new company.

True

Inadequate early planning is often at the core of small business failures.

A scheduling system

Katherine, a production manager at ABC Products, is interested in monitoring how projects were progressing, take steps to see if they were on time, and keep an eye on budget concerns. Which of the following can Katherine use?

False

Kotter studied a number of successful general managers over a five-year period and found that they spend most of their time by themselves drawing up plans or worrying about important decisions.

official goals

The outcomes or goals stated in an organizations mission statement, annual report, and charter are called:

Resource allocator

The role of ________, according to Mintzberg, involves managers making decisions about who gets what, how much, when, and why.

Management as a distinct discipline of knowledge

The second phase of the Industrial Revolution commenced with the establishment of

True

The second phase of the Industrial Revolution commenced with the establishment of management as a distinct discipline of knowledge.

Market share; market growth

The variables measured in BCG Matrix are:

top management does very little to talk the value/importance of MBO

The weakest impact of MBO effects appear to manifest themselves when:

False

Threats offer positive potential, however sometimes a firm is not equipped to take advantage of them which is why considering the entire SWOT is important before deciding what to do.

Ethical blindness

When a leader does not perceive ethical issues due to inattention or inability, it refers to which of these symptoms of the failure of ethical leadership?

True

Whereas in cell 4 of the Company Industry Fit model, an environment characterized by a high degree of uncertainty with complex and unstable elements, industries and firms such as computer, aerospace, airlines, and telecommunications firms would operate more effectively.

Executive manager

Which of the following are at the top of the hierarchy and are responsible for the entire organization, especially its strategic direction?

Sophia routinely uses her technical expertise to solve her company's problems, acting as an agent for organizational change and development at her organization.

Which of the following describe internal consulting activity?

Corporate culture

Which of the following describe the beliefs and behaviors that determine how a company's employees and management interact inside an organization and also handle outside business transactions?

esprit de corps

Which of the following describe the cohesion of workers in a given unit or department, to their commitment to their individual goals and to their coworkers even in the face of adversity, and to the pride that one feels by being a member of the organization?

Formal

Which of the following describes an officially defined set of relationships, responsibilities, and connections that exist across an organization?

names of all employees

Which of the following elements does NOT typically appear in a well-prepared business plan?

Coordinating

Which of the following is NOT a functions of management identified by Fayol?

guaranteed profits

Which of the following is NOT a reason why small business thrives in the United States?

Strengths

Which of the following is NOT an element of McKinsey 7-S model?

Clan culture

Which of the following profile of an organization focuses on relationships, team building, commitment, empowering human development, engagement, mentoring, and coaching?

Organizational development

Which of the following represents the label for a field that specializes in change management?

International strategy

Which of the following represents the level of strategy concerned with the large-scale actions involved in entering a brand-new geographic market?

goal setting is indirectly and contingently related to employee job satisfaction

Which of the following statements best reflects the relationship between goal setting and job satisfaction?

Vision statement

Which of these is an expression of what a business's founders want that business to accomplish?

Organizational structure

Which term describes a system for accomplishing and connecting the activities that occur within a work organization?

Self-awareness and self-regulation

Which two elements in emotional intelligence represent toggling back and forth between emotions and logic so that we analyze and understand our own emotions and then exert the necessary control to manage them as appropriate for the situation?

Informational; decisional

While monitor is a type of _______ role, negotiator is a(n) ______ role.

True

While the entrepreneur role describes managers who initiate change, the disturbance or crisis handler role depicts managers who must involuntarily react to conditions.

The LPC score actually reflects the leaders tendency for relationship vs. task-oriented behaviors

With respect to the LPC scale which is part of Fiedlers Contingency theory of leadership, which of the following statements is most accurate?

Organic

XY Products has a horizontal organizational structure with many individuals across the company empowered to make organizational decision. XY Products can be described to have which of these structures?

True

Probably the most important influence on the nature of an organization's control system is the amount of environmental change and complexity.

Terminal values

Rebecca has always touted social recognition, friendship, accomplishment, and comfort as her desired goals that she is working towards in life. These are examples of ______.

individuals who simultaneously possess both masculine and feminine characteristics are as likely to emerge in leadership roles as individuals with only masculine characteristics

Recent evidence on sex and gender role as they relate to leadership suggests:

False

According to path-goal theory, the challenge facing leaders is basically two-fold. First, they must analyze the situation according to the degree a leader can control and influence the group process. Second, they must identify the leaders' trait or underlying disposition toward others.

Spokesperson

Amani is the newly hired manager at MyCoffee, a global coffee roasting company. As part of her responsibilities, Amani often gives interviews to media outlets and speeches to community organizations. Amani is playing the role of a

True

An advantage to involving groups in decision-making is that you can incorporate different perspectives and ideas.

owns and operates

An entrepreneur is a person who _____ a business.

True

An entrepreneur is a person who opens and manages his or her own business.

All of the above

Andy Yocom was looking to start a small business so he could be his own boss. While golfing one day, he saw prime advertising space on the flags on the course. He has decided to call his new venture Invision Golf Group Inc. What should he include in his business plan?

Achievement-oriented leadership

As the leader of a work group, you have confidence in your group members' ability to attain high standards and you emphasize excellence. According to the path-goal theory, you would choose which type of leader behavior?

Survival and early success

At _____ stage of the organizational life cycle, it becomes appropriate to introduce mechanistic structures that support the standardization and formalization required to create effective coordination across the organization.

supportive plans

Controlling with respect to the planning process follows: