Mgmt Exam 1
False
True/False: A good example of social responsiveness is a company whose managers conduct business in an ethical way and strictly follow local laws
True
True/False: A major argument against formal plans is that they can't replace intuition and creativity
True
True/False: A manager is more confident of his assessment of a situation if it involves risk rather than uncertainty
true
True/False: A rule is a simpler than a policy or procedure to implement
True
True/False: A typical first-line manager spends more of his or her time leading rather than planning.
False
True/False: All criteria are equally important in the decision-making process
False
True/False: An organization that hires employees from other countries but does not obtain financing from a foreign source cannot be considered global.
False
True/False: Deciding who will be assigned to which job is a part of the leading function of management
False
True/False: Determining who reports to whom is part of the controlling function of management
False
True/False: Goals are documents that outline how plans are to be carried out
True
True/False: Licensing and franchising typically follow the export-import phase of globalization
False
True/False: Managers should expect contingent workers and core employees to be equally committed to the organization's goals
True
True/False: Supervisors and team leaders may both be considered first-line managers
True
True/False: The United States is an example of a country with small power distance
False
True/False: The cell phone industry faces a stable business environment
True
True/False: The classical view of organizational social responsibility is that management's only social responsibility is to maximize profits
True
True/False: The external environment of an organization includes factors and forces that can affect how the organization operates
True
True/False: The omnipotent view of management holds that an organization's performance is based solely on the decisions of managers
False
True/False: The sociocultural component of the external environment of an organization includes trends and traditions, but not basic attitudes and values
True
True/False: Traditional goal setting requires top managers to set goals that are carried out by the organizational levels below
True
True/False:A key function of planning is to create goals
False
True/False:Planning rarely improves teamwork and cooperation among employees
Technical
Understanding building codes would be considered a(n) ______________ skill for a building contractor
A growing budget deficit
Which of the following are many mangers concerned about as a result of increased government participation in the economy
The aging population
Workforce diversity will be significantly affected in the next decade by
Social Safety Net
hich innovation did the United States NOT introduce to the world's economic system
growth, stability, renewal
three main types of corporate strategies
paid for by consumers in the form of higher prices
Those arguing against being socially responsible might make the claim that costs for social goals are ultimately
lanning, organizing, leading, and controlling
Today, the basic management functions are considered to be
False
True/False:
True
True/False: A basketball coach who takes a very good shooter out of a game because she missed her last two shots has availability bias
All Members of an organization
A common thread that runs through changes that all managers face in today's world is the need to rely on ________________ to identify ways to increase productivity
franchise
A full global organization might set up a _______ with a foreign company to create a new, independent company that produces a specific product
he fails to id the correct problem
A manager can faithfully execute the decision-making process but still end up with nothing of value if
confirmation bias
A scientist who cites two studies that show a positive effect for her new drug, and ignores five other studies showing a negative effect is exhibiting what cognitive bias?
Cell 4
A software company innovates constantly to keep up with new rivals that are constantly appearing on the scene. The software industry itself has an enormous number of players to deal with that includes retailers, online distributors, educational institutions, and government agencies. Where does the company belong on the uncertainty matrix?
Strong organizational culture
According to Zappos' management, this is the secret to Zappos' success
resources and capabilities
An internal analysis, the third step of the strategic management process helps identify
Concentration
General Mills expanding its line so that it sells several different types of Cheerios is an example of
greater
Group decisions generally feature __________ acceptance than decisions made by the individual (greater or lesser)
) a shortcut or rule of thumb that is used for decision making
Heuristic
needing to communicate with oversees operations in different time zones
In global companies, a major cause of the line between work and nonwork getting blurred is
Liason
Michelle is the general manager of a power plant. This morning, she will meet with city officials to discuss environmental issues. After the meeting, she will confer with the plant's section managers to address the concerns of the city representatives. This afternoon, Michell will meet with a team leader to go over a complain filed by an employee. After the complaint meeting, Michelle plans to spend time in the library and on the Internet researching new technologies that can be used to improve the performance of her plant. When Michelle learns from city officials about how her plant's operations may be affecting the environment, she is performing which management role?
a tendency to view the world through a single perspective
Parochialism
Contigent employees
Part-time, temporary, and contract workers who are available for hire on an as-needed basis are known as
structured problems
Programmed decisions work well for solving
external and internal analysis
SWOT analysis combines
strategic/tactical
The breadth of a plan refers to ________________ concerns
corporate, competitive, functional
The three different types of strategies that managers implement are
