Mid-Term practice

The most likely reason for the failure of formal goal setting is ____.

a lack of top management support

You just wrote a short-range plan in support of an intermediate plan. You based this plan on your best estimate of future environmental conditions. What kind of plan did you write?

action

Which of the following refers to using resources wisely and in a cost-effective way?

efficiency

Laws that deal with how agrichemical companies dispose of hazardous wastes are examples of ____.

environmental protection regulation

Azim is using an enterprise resource planning system to help monitor the activities of consumers and competitors. He plans to use this to make recommendations for future planning. What process is Azim engaged in?

environmental scanning

Ira is a manager at a textile company. He and his staff are focused on accounting, cash management, and investment activities. In which area of the company does Ira work?

finance

The degree of ____ is the extent to which the organizational environment is relatively simple or complex.

homogeneity

Which of the following is the least intense level of international business strategy?

importing/exporting strategy

The Sarbanes-Oxley Act of 2002 ____.

imposes tough measures to deter corporate and accounting fraud

Rights to privacy has become an area of concern involving ethics and ____.

information technology

In the National Football League, the promotional ads are ____ resources.

informational

When two or more firms combine to form a new firm, it is called a(n) ____.

merger

In most organizations, the ____ level of management contains the largest number of managers.

middle management

ETS runs a math, science, and technology competition each year for high school students. If plagiarism is suspected, ETS uses a ____, which specifies ETS's general response to the situation.

policy

Which economy has become the second largest economy in the world, behind the United States?

China

Which pioneer in management focused his attention on efficiencies of production?

Douglas McGregor

Which was the first, and often considered the most important, economic community in the world?

European Union

Teresita is using break-even analysis to help the organization produce products most efficiently. What is Teresita using in this process?

operations management

What is the proper managerial response when there are conflicts among goals in different parts of an organization?

optimization

What is a theory?

A conceptual framework for organizing knowledge and providing a blueprint for action

Which of the following is one of the limitations of the quantitative management perspective?

It cannot fully explain or predict the behavior of people in organizations

Which of the following is an advantage of hiring retirees in an organization?

The organization gets the expertise of skilled workers

Which of the following statements correctly describes the early practice of management?

The scientific study of management as a field of inquiry dates back to the nineteenth century.

Paramita believes that people naturally do not like work, and as a manager, she must control, direct, coerce, and even threaten her employees to get them to work towards the organization's goals. Paramita's management style is informed by what view within the behavioral management perspective?

Theory X

Which of the following is a potential disadvantage associated with an import/export operation?

There is a great deal of risk involved compared to other strategic alternatives

Which of the following circumstances would most likely result in the use of a planning task force to help develop plans?

There is a special circumstance to be addressed

Contemporary organization theory has its roots in ____.

Weber's work on bureaucracy

Two of Dharma's facilities are located in areas that are very volatile. Dharma has established long-range plans for all of her facilities, but what must managers at these two volatile facilities take extra care to do?

allow senior leadership at the home location to make decisions.

As a manufacturing firm builds a plant in Bolivia, it also has to build an airstrip so that it can get the building supplies and the component parts it needs for operation to the Bolivian facility. The building of the airstrip was necessary because Bolivia has ____.

an underdeveloped infrastructure

As a high school teacher Pregna assumed her students liked school, would work hard, and experience success. A student observed that Pregna acted like a Theory Y manager. That would mean that Pregna ____.

believes that people internally motivated to reach objectives

What is the essence of formal goal setting?

collaborative planning

Which management perspective indicates that the appropriate managerial behavior in a situation depends on the unique elements of that situation?

contingency

While performing the function of organizing in a global economy, managers should ____.

deal with human resources

What is the term that describes differences among people?

diversity

TransFair USA promotes fair trade programs so farmers in developing countries can earn enough wages to afford adequate nutrition and basic health care. TransFair is trying to change the ____ environment of international management.

economic

Traditionally, experts have suggested a three-step model for applying ethical judgments to situations that may arise during the course of business activities. The first step is to ____.

gather the relevant factual information

Management can address concerns related to the privacy of personal information on the Internet by ____.

indicating how people can opt out of data collection

Yui prefers to use a pay system that rewards her employees based on their contribution to the success of the organization. Which type of social orientation does Yui support?

individualsim

What is a characteristic of the art, rather than the science, of management?

intuition

Kaia's organization allow employees to work remotely. This was accomplished by giving everyone a laptop for their home and access to online conferencing technology. This is a(n) ____ function of management.

organizing

A major computer technology firm has committed to building a computer lab at the local university, and is awarding scholarships to students who pursue this field. What is this action typical of?

philanthropic giving

A(n) ____ is the most common form of trade restriction.

quota

The Federal Communications Commission monitors radio broadcasts for inappropriate content. This is an example of the ____ component of the task environment.

regulator

Which type of management deals with improving the performance of individual employees?

scientific

Which of the following is considered to be an output?

service

Which of the following would be an ethical breach on the part of an employee toward the organization?

sharing confidential information

Which type of plans are the broad plans developed by top managers and the board of directors to guide the general direction of the organization?

strategic

Starbucks' middle managers who are responsible for joint venture agreements with bookstores, hotels, and airports work from a(n) ____ plan.

tactical

The strategic goal set forth by Central Ice Machine Company was to be the leading seller of ice machine replacement parts in the United States. As part of its ____ plan, it set up distribution contracts with six manufacturers of refrigeration units.

tactical

Many corporations have sophisticated security systems for information and employees. Which dimension of the organization's environment do these systems represent?

technological element of the general environment