MGMT 3820 Final

Which of the following profiles of an organization emphasizes creating, innovating, visioning the future, managing change, risk-taking, rule breaking, experimentation, entrepreneurship, and uncertainty?

Adhocracy Culture.

What refers to factors that prevent new firms from successfully competing in the industry.

Barriers to entry

Which of the following refers to factors that prevent new firms from successfully competing in the industry?

Barriers to entry.

Which of the following represents the framework a firm uses to organize its activities, developed by the firm's top managers and includes examples such as cost leadership and differentiation?

Business-level strategy.

Power with respect to leadership essentially answers this question.

How

Which of the following describe the first phase of an Appreciative Inquiry (AI) practice?

Define

"I" in VRIO refers to which of these?

Imitation

Jay Patel is the HR manager at BNB Manufacturing. Jay is interested in establishing the pay-for-performance structure at BNB. Which of the following should be the first step in establishing this framework Jay should focus on?

Define the organization's pay philosophy.

The addition of newness to products and processes within the firm and within the environment refers to which of these?

Innovation

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

International strategy.

Intellectual property rights are part of which element of PESTEL?

Legal.

Which of the following models of change proposed the sequence of "Unfreeze, Move, Refreeze"?

Lewin's Change Model.

Which of the following Management of innovation includes both change management and managing organizational processes that encourage innovation?

Management of innovation

In which structure an organization has multiple reporting lines of authority for employees?

Matrix structure

Which of the following use teams to combine vertical with horizontal structures?

Matrix structure.

Which of the following organizational structures are best suited for environments that range from stable and simple to low-moderate uncertainty?

Mechanistic.

Which of these is a general description of how the firm will try to accomplish the firm's vision?

Mission statement

Which of these is a disadvantage of external processes creation method?

Often leads to perception of winners and losers

This organizational structure work best in unstable, complex, changing environments.

Organic

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

Organizational development

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

Organizational structure

ABC Products is interested in identifying what technological opportunities exists for their business. ABC should use which of the following strategic analysis tools?

PESTEL

ABC Products is interested in understanding if new firms were coming into their market. ABC should use which of the following strategic analysis tools?

Porter's 5 Forces.

"R" in SMART Framework refers to which of these?

Relevant.

All the following best practices illustrate the key steps for effective recruiting of key leadership hires EXCEPT.

Specify the compensation

Which of these refers to losing strategic focus on the reasons for the joint venture?

Strategic drift

Which term describes the set of activities that firm managers undertake in order to try to put their firms in the best possible position to compete successfully in the marketplace?

Strategic management process

Which of these is the process of planning and implementing actions that will lead to success in competition?

Strategy.

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

Strengths

Which of these emerges from experience of an individual?

Tacit knowledge

Which of the following concept in technology management describes the use of tools to study the environment for potential technological changes that can both positively and negatively affect the firm's value proposition?

Technology forecasting

Which of the following concept in technology management describes the logic of how technology will be used and what role technology will have in the organization?

Technology strategy

Which of the following is true for the BCG Matrix?

The BCG Matrix is not applicable for firm's that operate in one business unit.

Which of these refers to significant shifts in an organizational system that may cause significant disruption to some underlying aspect of the organization, its processes, or structures?

Transformational change.

An employee's affective reaction to performance is determined by the absolute level of their performance.

True

Which of the following is an element of sociocultural forces?

Ethics.

Codified or written down as rules or guidelines describes which of these?

Explicit knowledge

According to Peter Drucker multiple and conflicting goals should be avoided at all costs.

False

In PESTEL, factors are characterized as opportunities or threats.

False

Internal factors are things in the global environment that may impact a firm's operations or success, examples are a rise in interest rates, or a natural disaster.

False

The Minnesota Twins Studies suggests that self-confidence is an innate trait.

False

The evolution of HR work can be described terms of waves where wave 1 focused on the integration of HR strategy with the overall business strategy.

False

The first step in the planning process is the identification of goals.

False

Even goals that are both difficult and specific may not be very effective unless they are accepted by the individuals committed to achieving them.

True

Goal planning is likely to prevail in the technical core.

True

Higher-potential employees, no matter what the level, often display the following competencies. business acumen, strategic thinking, leadership skills, people skills, learning agility, and technology skills.

True

The BCG Matrix has recommendations for businesses in each quadrant-for example, a business in the dog quadrant should be sold or closed. Cash cows provide income to the corporation, and stars provide growth.

True

The core traits such as drive, honesty, and self-confidence are considered to be preconditions that endow people with leadership potential.

True

The strategic management process is the set of activities that firm managers undertake in order to try to put their firms in the best possible position to compete successfully in the marketplace.

True

This kind of change is unintentional and is usually the result of informal organizing

Unplanned change.

According to Nohria, Groysberg, and Lee, within an organization, the primary lever to address is the drive to BLANK is the reward system.

acquire.

With growing dissatisfaction with performance management processes, Agile Manifesto was developed by software developers and emphasized principles of all of these EXCEPT which?

emotional intelligence.

In this 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.

entrepreneurship.

Two dimensions of environment-industry-organization fit model are.

environmental complexity and environmental change

An organization's external environment is also referred to as the

general environment.

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

goal setting is indirectly and contingently related to employee job satisfaction

According to Fiedler, the most favorable situation for a leader is which of the following?

high task structure, strong leader position power, good leader member relations.

All of the following would be considered a substitute for leadership EXCEPT.A. professional orientation

low position power

Fiedler's Contingency Model of Leadership suggests.

managers need to design the situation to fit the leader because leadership style is relatively unchangeable

Although HR is responsible for creating and facilitating the performance management processes, it is this group that needs to strongly support the process and communicate the linkage of performance management to overall organizational goals and performance.

organizational managers.

Plans have which of the following basic components?

outcome and action statements

From a value chain perspective, these are the actions a firm takes to directly provide a product or service to customers, whereas, these are actions required to sustain the firm that are not directly part of product or service creation.

primary activities; support activities.

At this stage of the organizational life cycle, it becomes appropriate that many organizations have to be reorganized or restructured to achieve higher levels of coordination between and among different groups or subunits.

renewal.

Weber proposed all of these elements of bureaucracy that serve as a foundation for determining an appropriate structure EXCEPT.

structural change.

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.

the Deming Cycle

With respect to leadership, what statement best reflects the impact of a leader who is located apart from his or her subordinates?

the distance becomes a neutralizer of leader behavior.

Organizations tend to increase the amount of planning and control closer to the point of execution when.

the market is stable and not complex

The question, "What are the distinguishing characteristics of effective leaders?" sparked what approach to the study of leadership?

trait approach to leadership

Jay Patel is the HR manager at BNB Manufacturing. Jay is interested in establishing the pay-for-performance structure at BNB. Which of the following should be the final step in establishing this framework Jay should focus on?

Communicate and train managers and employees on the pay for-performance philosophy and process changes.

According to the environment-industry-organization fit model, Cell 2 represents which of these environments?

Complex-stable environment.

Which of the following is NOT an advantage of a divisional structure?

Cost savings, greater access to a diverse labor force not encumbered by 8-hour workdays, and less harmful effects on the environment.

Which of these is an advantage of new business/entrepreneurship creation method?

Usually more agile and flexible in the marketplace

Which of these answers the following two questions. 1) how will the firm make money on the product and/or services offered, and 2) how will the firm be positioned in the marketplace?

Value proposition

Which act protects workers, their families, and communities by requiring employers to provide notification 60 calendar days in advance of plant closings and mass layoffs?

WARN Act of 1988

According to the evolution of HR work, this wave is focused on the design of innovative HR practice areas such as compensation, learning, communication, and sourcing.

Wave 2

What does "W" in the SWOT analysis stands for?

Weaknesses

ABC Products is described as having what when it successfully attracts more customers, earns more profit, or returns more value to its shareholders than rival firms do?

competitive advantage.