Management
Q1. To be effective, a manager must simply understand how the four management functions are defined and related.
a. true
b. false
Q2. The statement that management principles are universal means that these principles apply to all types of organizations and organization levels.
a. true
b. false
Q3. The maintenance stage is the second stage of career evolution and occurs when individuals from about 25 to 45 years old start to become productive.
a. true
b. false
Q4. When an individual loses interest in his career, fails to keep his job skills updated, and suffers a lack of productivity, he has most likely entered which stage of his career?
a. maintenance
b. establishment
c. exploration
d. trial
e. decline
Q5. Management is the process of reaching organizational goals by working with and through people and other resources.
a. true
b. false
Q6. Technical skills involve the ability to build cooperation within the team being led.
a. true
b. false
Q7. A good tactic for career management is to work for a manager who will play a constructive role in your career.
a. true
b. false
Q8. Nick is 29 years old and has just been promoted from salesperson to sales manager for his company. Nick is most likely in which stage of his career?
a. decline
b. stagnation
c. maintenance
d. establishment
e. exploration
Q9. Organizational resources include monetary, human, raw materials, and capital.
a. true
b. false
Q10. The management science approach emphasizes the use of the scientific method and mathematical techniques to solve operational problems.
a. true
b. false
Q11. Which of the following is most accurate when describing the management thinking that emerged as a result of the Hawthorne studies?
a. social relationships are unimportant in worker performance
b. the emphasis should be placed on task efficiency in job design
c. the human variable in organizations required much more analysis
d. job design should involve the bonus system
e. managerial problems should be solved through the utilization of management science techniques
Q12. A number of interdependent parts functioning independently of each other are a system.
a. true
b. false
Q13. Which of the following researchers has made the greatest contribution to the human relations movement?
a. Frederick Taylor
b. L. Thomas Hopkins
c. Lillian Gilbreth
d. Abraham Maslow
e. Henry Fayol
Q14. Douglas McGregor emphasized a management philosophy built upon the views that people can be self-directed and accept responsibility.
a. true
b. false
Q15. The lower-level analysis portion of the classical approach concerns the management function as a whole.
a. true
b. false
Q16. The classical approach to management was the product of the first concentrated effort to develop a body of management thought.
a. true
b. false
Q17. In order to successfully utilize contingency management concepts and tactics, managers must first consider the realities of the specific organizational circumstances they face.
a. true
b. false
Q18. The management system is a closed system.
a. true
b. false
Q19. There is very little controversy regarding the need for corporations to be actively involved in socially responsible behavior.
a. true
b. false
Q20. All ethical and unethical conduct within an organization needs to be covered in one code of ethics.
a. true
b. false
Q21. Acting in such a way that the action taken under the circumstances could be a universal law, or rule, of behavior would best define which of the following ethical standards?
a. the utilitarian principle
b. the professional ethic
c. Kant’s categorical imperative
d. part of the four-way rule
e. the golden rule
Q22. Which federal agency strives to reduce consumer misunderstandings of manufacturers’ product design, labeling, and so on, by promoting clarity of these messages?
a. Environmental Protection Agency
b. Equal Employment Opportunity Commission
c. Occupational Safety and Health Administration
d. Consumer Product Safety Commission
Q23. One of the areas of social responsibility is employment practices.
a. true
b. false
Q24. Adherence to legislated social responsiveness is the minimum standard of social responsibility performance that managers must achieve.
a. true
b. false
Q25. One of the strong arguments for business performing socially responsible activities is that business is a very influential member of society, so it has the responsibility to help maintain and improve the overall welfare of society.
a. true
b. false
Q26. Using ethics as a major guide for making and evaluating business decisions is only popular in the United States.
a. true
b. false
Q27. The culture-specific approach gives employees a genuine non-appreciation for the culture they are about to encounter.
a. true
b. false
Q28. Minorities as well as women often face a ‘glass ceiling’ limiting their potential advancement.
a. true
b. false
Q29. The multicultural approach to organizational diversity is the most effective approach to pluralism.
a. true
b. false
Q30. Men can be victims of sexual harassment.
a. true
b. false
Q31. Role conflict refers to having too many expectations to comfortably fulfill.
a. true
b. false
Q32. Which of the following represents the lowest degree of organizational commitment to multiculturalism?
a. enforcing external policies
b. complying with external policies
c. responding inadequately
d. implementing adequate programs
e. ignoring differences
Q33. ________ is a preconceived judgment, opinion or assumption about an issue.
a. Ethnocentrism
b. A stereotype
c. Tokenism
d. Prejudice
Q34. A prejudice is a preconceived judgment, opinion, or assumption about an issue, behavior, individual, or group of people.
a. true
b. false
Q35. One of the similarities of international management and domestic management is that the vast majority of countries experience the industrial revolution at the same time.
a. true
b. false
Q36. Importing is the buying of goods or services from another country.
a. true
b. false
Q37. Selling goods and services to another country is called ‘importing’.
a. true
b. false
Q38. Managers who usually make foreign investments normally expect such investments will allow participation in the rapid expansion of a market abroad.
a. true
b. false
Q39. Which of the following attitudes is generally considered most appropriate for long-term organizational success?
a. geocentric
b. egocentric
c. ethnocentric
d. polycentric
e. no one attitude is best
Q40. Host-country nationals are organizational members who are citizens of one country and who work in another country for an organization headquartered in still another country.
a. true
b. false
Q41. Managers should allow expatriates to adjust slowly to the new environment and delay emphasis on goal attainment as long as possible.
a. true
b. false
Q42. The increased distance associated with multinational corporations makes communication between the different divisions easier.
a. true
b. false
Q43. With respect to corporate entrepreneurship, sustained regeneration occurs when firms develop new culture, processes, or structures to support new product innovations.
a. true
b. false
Q44. ________ is the likelihood and magnitude of an opportunity’s downside loss.
a. Feasibility analysis
b. Entrepreneurial risk
c. Entrepreneurial alertness
d. Information asymmetry
Q45. Venture capitalists are wealthy individuals who provide capital to new companies.
a. true
b. false
Q46. Individuals with extended social networks are more likely to identify potential entrepreneurial opportunities than those with more narrow social networks.
a. true
b. false
Q47. ________ occurs when a firm attempts to alter its own competitive strategy.
a. Domain definition
b. Sustained regeneration
c. Strategic renewal
d. Organized rejuvenation
Q48. Strategic renewal involves improving the firm’s ability to execute strategies and focuses on new processes instead of new products.
a. true
b. false
Q49. Angel investors help approximately 50,000 companies get off the ground each year.
a. true
b. false
Q50. ________ of new organizations are started by entrepreneurial teams.
a. 30%
b. 75%
c. 60%
d. 45%
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