MGMT Quiz 3 & 4
Digi Tec Company has recently decided to design and manufacture a laptop that retails for under $50 in an effort to make information technology available to people in places like rural Africa and rural India. This is known as what type of strategy?
Bottom of the pyramid strategy
Which of the following is the process of starting a business venture, organizing the resources, and taking the risks?
Entrepreneurship
Although public confidence in business managers is at an all-time low, politics, sports, and nonprofit organizations have not been affected.
False
Free choice lies between the domains of codified law and ethics.
False
How an organization goes about accomplishing a plan is a key part of the management function of controlling.
False
If something is ethical, it must not be illegal.
False
Recognizing the value of employees involves the organizing role of management
False
The natural dimension of the task environment includes all elements that occur naturally on Earth, including plants, animals, rocks, and natural resources such as air, water, and climate.
False
The nature of management is to control and dictate others in an organization.
False
The outer layer, the general environment, is widely dispersed and affects organizations directly.
False
The traditional dimension of diversity can be acquired or changed throughout one's lifetime.
False
Traditional dimensions of diversity such as work style, communication style, and educational or skill level are particularly relevant in the organizational setting.
False
Which type of perspective provides a broader way of thinking, a way of searching for patterns, and determining whether they recur across time periods?
Historical
Which of the following describes the last step in the perception process?
Transmitting the observed information
. Nationality and work style are included in the inclusive dimension of diversity.
True
A bill to raise the minimum wage to $15 from the current federal hourly rate of $7.25 has been introduced in the U.S. Congress.
True
Age, race, and gender are included in the traditional model of diversity.
True
Allocating resources across the organization is part of the organizing management function.
True
Because employees with different backgrounds bring different options and ideas to the table, a diverse workforce may lead to increased conflict, anxiety, and misunderstanding.
True
Customers are the people and organizations in the environment who acquire goods or services from the organization.
True
Ethics, found between the domains of law and free choice, is the code of moral principles that governs any individual or groups.
True
Leadership occurs among people, involves the use of influence, and is used to attain goals.
True
Managers carry a tremendous responsibility for setting the ethical climate in an organization and can act as role models for others.
True
Today, organizations recognize that diversity is a business imperative and perhaps the single most important factor of the twenty-first century for organization performance.
True
An entrepreneur
assumes the financial and legal risks of ownership
Today's companies compete in a
borderless world
The concept that proposes that corporations can alleviate poverty and other social ills by selling to the world's poorest people is known as
bottom of the pyramid
Which of the following theories emphasizes the needs that motivate people?
content
Which of the following is an example of an intrinsic reward?
employee's feelings of self-worth
Someone who recognizes a viable idea for a business product or service and carries it out is known as a(n)
entrepreneur
Which of the following refers to a reward given by another person?
extrinsic reward
Katie dislikes almost everything about her job. The only reason she continues to work at Mace Auto body is the excellent benefits package she receives. Katie is motivated by
extrinsic rewards
Influence means that the relationship among people is passive.
false
Values associated with interactive leadership include personal confidence, exclusion, and independence.
false
Within a single individual, management and leadership reflect the same sets of qualities and skills that frequently overlap.
false
The extent to which trade and investments, information, social and cultural ideas, and political cooperation flow between countries is called
globalization
Susannah enjoys her job as a teacher, not because of the pay or benefits, but because she feels good about shaping the minds of tomorrow's leaders. Susannah is motivated by
intrinsic rewards
Which of the following is the arousal, direction, and persistence of behavior?
motivation
The first step in the perception process is
observation
In what stage of the perception process are individuals likely to put things into patterns?
organizing
The cognitive process people use to make sense out of the environment by selecting, organizing, and interpreting information is called
perception
Strong anti-American sentiments in many parts of the world exemplify the effect of
political forces
Which of the following theories focuses on employee learning of desired work behaviors?
reinforcement theory
The second step in the perception process is
screen the information and select what to process
Which of the following is the tendency to assign an individual to a group or broad category and then to attribute widely held generalizations about the group to the individual?
stereotyping
If a small-business owner enjoys the chance to balance work and personal life, he or she would be considered a(n)
sustainer
A manager who focuses on one part of the organization, such as production, without considering the impact on marketing or sales does not understand
systems thinking
In historical management perspectives, there has long been a struggle to balance
the things of production and the humanity of production
Interactive leadership means that the leader favors a consensual and collaborative process, and influence derives from relationships rather than position power and formal authority.
true
The highest level in a hierarchy of manager capabilities is Level 5 leadership.
true
