MGMT Quiz 3 & 4

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Digi Tec Company has recently decided to design and manufacture a laptop that retails for under $50 in an effort to make information technology available to people in places like rural Africa and rural India. This is known as what type of strategy?

Bottom of the pyramid strategy

Which of the following is the process of starting a business venture, organizing the resources, and taking the risks?

Entrepreneurship

Although public confidence in business managers is at an all-time low, politics, sports, and nonprofit organizations have not been affected.

False

Free choice lies between the domains of codified law and ethics.

False

How an organization goes about accomplishing a plan is a key part of the management function of controlling.

False

If something is ethical, it must not be illegal.

False

Recognizing the value of employees involves the organizing role of management

False

The natural dimension of the task environment includes all elements that occur naturally on Earth, including plants, animals, rocks, and natural resources such as air, water, and climate.

False

The nature of management is to control and dictate others in an organization.

False

The outer layer, the general environment, is widely dispersed and affects organizations directly.

False

The traditional dimension of diversity can be acquired or changed throughout one's lifetime.

False

Traditional dimensions of diversity such as work style, communication style, and educational or skill level are particularly relevant in the organizational setting.

False

Which type of perspective provides a broader way of thinking, a way of searching for patterns, and determining whether they recur across time periods?

Historical

Which of the following describes the last step in the perception process?

Transmitting the observed information

. Nationality and work style are included in the inclusive dimension of diversity.

True

A bill to raise the minimum wage to $15 from the current federal hourly rate of $7.25 has been introduced in the U.S. Congress.

True

Age, race, and gender are included in the traditional model of diversity.

True

Allocating resources across the organization is part of the organizing management function.

True

Because employees with different backgrounds bring different options and ideas to the table, a diverse workforce may lead to increased conflict, anxiety, and misunderstanding.

True

Customers are the people and organizations in the environment who acquire goods or services from the organization.

True

Ethics, found between the domains of law and free choice, is the code of moral principles that governs any individual or groups.

True

Leadership occurs among people, involves the use of influence, and is used to attain goals.

True

Managers carry a tremendous responsibility for setting the ethical climate in an organization and can act as role models for others.

True

Today, organizations recognize that diversity is a business imperative and perhaps the single most important factor of the twenty-first century for organization performance.

True

An entrepreneur

assumes the financial and legal risks of ownership

Today's companies compete in a

borderless world

The concept that proposes that corporations can alleviate poverty and other social ills by selling to the world's poorest people is known as

bottom of the pyramid

Which of the following theories emphasizes the needs that motivate people?

content

Which of the following is an example of an intrinsic reward?

employee's feelings of self-worth

Someone who recognizes a viable idea for a business product or service and carries it out is known as a(n)

entrepreneur

Which of the following refers to a reward given by another person?

extrinsic reward

Katie dislikes almost everything about her job. The only reason she continues to work at Mace Auto body is the excellent benefits package she receives. Katie is motivated by

extrinsic rewards

Influence means that the relationship among people is passive.

false

Values associated with interactive leadership include personal confidence, exclusion, and independence.

false

Within a single individual, management and leadership reflect the same sets of qualities and skills that frequently overlap.

false

The extent to which trade and investments, information, social and cultural ideas, and political cooperation flow between countries is called

globalization

Susannah enjoys her job as a teacher, not because of the pay or benefits, but because she feels good about shaping the minds of tomorrow's leaders. Susannah is motivated by

intrinsic rewards

Which of the following is the arousal, direction, and persistence of behavior?

motivation

The first step in the perception process is

observation

In what stage of the perception process are individuals likely to put things into patterns?

organizing

The cognitive process people use to make sense out of the environment by selecting, organizing, and interpreting information is called

perception

Strong anti-American sentiments in many parts of the world exemplify the effect of

political forces

Which of the following theories focuses on employee learning of desired work behaviors?

reinforcement theory

The second step in the perception process is

screen the information and select what to process

Which of the following is the tendency to assign an individual to a group or broad category and then to attribute widely held generalizations about the group to the individual?

stereotyping

If a small-business owner enjoys the chance to balance work and personal life, he or she would be considered a(n)

sustainer

A manager who focuses on one part of the organization, such as production, without considering the impact on marketing or sales does not understand

systems thinking

In historical management perspectives, there has long been a struggle to balance

the things of production and the humanity of production

Interactive leadership means that the leader favors a consensual and collaborative process, and influence derives from relationships rather than position power and formal authority.

true

The highest level in a hierarchy of manager capabilities is Level 5 leadership.

true


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