Bus 275 MIDTERM tuesday
Operating plans tend to focus on the
daily problems facing a manager
An example of a focus strategy would be for an airline to
diversify into a broad range of products and services
You have good global leadership skills when you can:
effectively lead people from other cultures
A whistle blower is an employee who
exposes organizational wrongdoing
The position of vice-president of information systems can most accurately be classified as a(n):
functional manager
A distinguishing feature of a multinational corporation is that it:
has units in two or more countries in addition to its own
Information technology executive Darryl likes to pore over a lot of information before making a decision, and he also likes to commit to one course of action. His decision-making style is therefore characterized as
hierarchic
A problem is technically defined as a discrepancy between the
ideal and actual conditions
Nick is a successful entrepreneur, so he probably emphasizes which of the following dimensions in his work?
inattentiveness
Sherri Jackson is a sales manager. She searches the Internet to find new potential markets for her products. Jackson is most directly making use of ____ resources.
information
Under a just-in-time inventory system, inventory is moved into a plant as soon as
it is needed
A firm is said to have good corporate social performance when:
stakeholders are satisfied with its level of social responsibility
Julio was going to recommend a new billing system for the hospital where he works. However, he does not want to upset the executive who installed the system, so he does not make the recommendation. Julio has fallen into the:
status quo trap
The two planning roles for manager involve:
strategy and operations
The purpose of a SWOT analysis is to assess
strengths, weaknesses, opportunities, and threats
The condition of groupthink is likely to occur when group members
strive too hard for consensus
A major approach for an organization to enhance creativity and innovation is to:
systematically gather ideas from inside and outside the company
On the job, Candice coordinates the work of a small group of people and acts as a catalyst. Her job title is most likely:
team leader
Policies serve as guidelines to action:
that still allow for some interpretation
The North American Free Trade Agreement (NAFTA) creates liberal trading relationships among:
the United States, Canada, and Mexico
A decision tree graphically depicts
the alternative solutions available to solve a problem
According to the concept of moral intensity, a worker is most likely to behave ethically and legally when:
the consequences of the act are substantial
A key difference between a vision and a mission is that
the mission relates more to today's realities
A success factor for businesses in the global marketplace is to:
think globally, act locally
The two major variables considered by Gantt charts and milestone charts are
time and activity
The purpose of a heuristic in decision making is to
simplify the decision-making process
Management by objectives (MBO) is a(n)
application of goal setting and planning
A key characteristic of multicultural workers is that they
are convinced that all cultures are equally good
Making sure that competent persons fill positions is part of which managerial role?
staffing coordinator
Which one of the following is not recommended as a method for a company to protect itself against sexual harassment charges?
Retaliate swiftly against employees who bring forth charges of harassment
Which one of the following questions is not asked in six-question ethics test?
What can we possibly get away with?
An expected value for a decision tree is the value you would expect if
a particular decision is made a large number of times
The major purpose of the European Union (EU) is to turn member countries into:
a single marketplace for ideas, goods, and services
When two pharmaceutical firms get together to market a drug, their strategy is referred to as
a strategic alliance
An effective goal is
achievable by a competent worker
An important role for the team leader is to:
act as a catalyst and facilitator
Juanita is a data-driven manager, so she
bases her decisions on facts
A key feature of the global startup is that it:
begins business as an international company
The symptoms of culture shock usually stem from:
being abruptly placed in a foreign culture
The results of a time-series analysis are best represented by a(n)
chart or graph showing past trends and predicted future trends
With respect to diversity, an employee network group consists of?
company employees who affiliate on the basis of a demographic or cultural identity.
Emotional intelligence generally deals with the ability to
connect with people and understand their emotions
Which function of management is most involved with energizing, directing, activating, and persuading others?
leading
A key aspect of lateral thinking is that it
leads to many different solutions to a problem
A major reason that decision making is often not such a rational process is that there are
limits to how much information people can process and recall
A major advantage of offshoring for some American companies is that they?
lower costs and therefore become more competitive
The process of using organizational resources to achieve organizational objectives through planning, organizing and staffing, leading, and controlling is called:
management
A major advantage of group decision making is that
members are likely to be committed to a decision
McDonald's states that it would like "to satisfy the world's appetite for good food, well-served, at a price people can afford." The preceding reflects McDonald's
mission
The firm's purpose and where it fits into the world is identified by the:
mission
Business ethics deals primarily with:
moral obligation
A key part of developing your managerial skills would be to:
obtain feedback on your performance
Bonita is an ethically centered production manager so she will ship a product:
only after all its problems have been eliminated
A contingency plan is implemented if the
original plan cannot be implemented
According to concept of moral laxity, workers will often behave unethically because:
other issues seem more important at the time
CEO Maria is so convinced that company sales will triple, that she commits the company to lavish new expenses without making contingency plans if the sales growth does not take place. Maria might be falling into the
overconfidence trap
Assume that Motorola developed a cell and camera phone so small it comes with a strap to wear on the wrist like a watch. Which strategy does this product launch most likely fit?
product differentiation
The purpose of visualization for making better decisions under crisis is to:
rehearse in your mind how you will react to the crisis
Fixed cost in break-even analysis refers to the cost that
remains constant no matter how many units are produced.
Strategic plans are designed to
shape the destiny of the firm
The break-even point occurs when
total costs and total revenues are equal
Creativity is the most likely to occur when you are
totally involved in your work "in the zone"
The purpose of tactical planning is to
translate strategic plans into specific goals and plans for organizational units
The behavioral approach to management emphasizes:
understanding people
An advantage noted of globalization is that:
worries about job security diminish
