MGMT exam 1 practice
Aviva has mathematical models that she relies on at the start of each new project to determine how to allocate the resources within her department. Aviva is making use of _____. management science Theory X and Theory Y scientific management administrative management
management science
What can government-appointed agencies who monitor and control certain aspects of business activity do to implement legislation on organizations that violate regulations? Apply tariffs. Amend laws. Freeze bank accounts. Levy fines.
Levy fines.
When Amina needs additional employees on a short term basis, she contacts an employment agency. This agency not only has employees Amina can contract with on a short term basis, but they share information on trends and economic conditions with Amina. Which aspect of the task environment does the employment agency work in when supporting Amina? A. Competitor B. Supplier C. Customer D. Strategic partner
B. Supplier
In terms of ethical leadership, which way can a CEO set the company's moral tone for all employees? Hold the board of directors as responsible for the ethical standards of the organization. Establish a code of ethics. Be honest and straightforward. Assign responsibility for identified shortcomings.
Be honest and straightforward.
Geert has managers who work all over the world. Each month, all managers are included in an online meeting. In order to accommodate the time differences for all managers, Geert varies the time of day or evening these meetings take place. Which management function is used when considering the needs of all his international employees? Leading Controlling Organizing Planning
Controlling
Who was one of the first to describe job specialization practices? Al-Farabi Alexander the Great Plato The Egyptians
Plato
When governments voluntarily limit the amount of goods exported to or imported from a particular country, what are they establishing? Power orientation Economic communities Tariffs Export restraint agreements
Export restraint agreements
Darian has a profitable software company in his home country, but he wants to sell his software in international markets. He knows he can make modifications to his current facility that will work in other markets. Which type of approach to internationalization should Darian pursue? Licensing Strategic alliances Exporting Direct investment
Exporting
Which of the following is a part of an organization's general environment? Regulatory agencies Physical work environment Interest rates Suppliers
Interest rates
What is the basic premise of ethical leadership? Leaders serving as role models Social responsibility Online privacy Leaders being subjected to corporate governance
Leaders serving as role models
What is often considered to be the most important and most challenging of all management activities? Controlling Leading Organizing Planning
Leading
As the top human resource executive, Ahmed is responsible for ensuring compliance with regulations concerning hiring, pay, and workplace safety. Which formal dimension of social responsibility is Ahmed involved in? Philanthropic Leadership practices Legal Ethical
Legal
Nour's organization buys raw materials from all over the world, and in turn, sells finished goods worldwide. Which type of organization does Nour run? Maquiladora International Multinational Domestic
Multinational
Many managers are facing an increased work pace, less time to think through a decision, and more information to process. This can all be tied to which contemporary management challenge? Diversity Globalization Social responsibility New technology
New technology
What is considered to be the most fundamental trend in diversity and multiculturalism today? Legislation and legal action Organizations becoming more diverse and multicultural The changing demographics in the labor force The globalization movement
Organizations becoming more diverse and multicultural
Neil's department was recently assigned a new project. His next task on the project is to determine how his people and other resources will be allocated to the project. At this point, which managerial function is Neil tackling? Planning Controlling Leading Organizing
Organizing
Supply chain management and enterprise resource planning are both management concepts that evolved from which management perspective and use of models to solve problems? Classical Behavioral Quantitative Administrative
Quantitative
Armen runs a profitable jewelry manufacturing company and sells in many international markets. However, one country he sells to has just placed a limit as to how his company can sell in that country. Which of the following will now limit how much Armen can sell? "Buy national" legislation Tariff Quota Export restraint agreement
Quota
Which ethical norm is based on whether the act respects the people involved in the decision? Caring Utility Justice Rights
Rights
Which of the following would be an ethical breach on the part of an employee toward the organization? Hiring a personal friend instead of a more qualified candidate Paying more than necessary Sharing confidential information A manager sharing private information about an employee
Sharing confidential information
Over the next several years, Sushil expects electric vehicles to impact revenues in the retail gas and oil unit of her firm. The expansion of electric vehicles will impact which general environment dimension for Sushil's firm? Legal Economic Technological Political
Technological
What is the role of regulatory agencies in the task environment? To oversee a firm's general management practices To protect the public To provide expertise a firm might lack To exert influence on government agencies
To protect the public
In an experiment on piecework, what did Mayo and his associates conclude? Rate busters would set the pace for production. Workers would rather be accepted by the group than make more money. Workers produced more when they received special attention. Each employee would try to maximize their pay.
Workers would rather be accepted by the group than make more money.
