MGMT310/MGMT 310 Quiz 1 (ALL CORRECT)
Question 1 of 25 4.0 Points
Managers are responsible for getting activities completed efficiently and achieving the firm’s goals by utilizing:
A.Human, financial, and material resources
B.Information, human, and service resources
C.Human resources, organizational competitiveness, and organizational goals
D.Financial resources, top management, and organizational goals
Question 2 of 25 4.0 Points
A difference between management and leadership can be defined in the following way
A.management is human capital, and leadership is directing staff
B. management is getting things done, and leadership is deciding what needs to be done
C. management is getting things done, and leadership is inspiring action taken by others
D. management is a position of authority or power, and leadership is inspiring action taken by others
Question 3 of 25 4.0 Points
Three different types of planning used in the function of management are
A. strategic, tactical, and operational
B. strategic, organizational design, and job design
C. job design, job enrichment, and teamwork
D. strategic, organizational design, and operational
Question 4 of 25 4.0 Points
Triple bottom line refers to the measurement of business performance along
A. social, economic and organizational dimensions
B. social, economic and environmental dimensions
C. economic, organizational, and human performance dimensions
D. environmental, organizational and corporate responsibility
Question 5 of 25 4.0 Points
The difference between group and team is
A. A collection of people is a group and not necessarily a team
B. Complementary skills are found in a group but not a team
C. The aim and purpose of a group is to perform in the workplace
D. Groups are defined by their relatively small size
Question 6 of 25 4.0 Points
“The interests of one person should never take precedence over what is best for the company as a whole” is an explanation of which of Fayol’s principles of management:
A. Unity of command
B. Unity of direction
C. Subordination of individual interest
D. Discipline
Question 7 of 25 4.0 Points
The term social movement refers to a type of group that:
A. Imitates corporations to improve employee morale in organizations
B. Is focused on specific political or social issues
C. Mimic society
D. Performs activities outside the workplace
Question 8 of 25 4.0 Points
Working with people from different countries can be a challenge because of:
A. Language issues and different cultural norms
B. Cross-cultural misunderstandings
C. Different work skills according to cultural norms
D. Global strategic communication
Question 9 of 25 4.0 Points
People in societies where uncertainty avoidance is high want:
A. Are less rule-oriented
B. Tolerate a variety of opinions
C. Are open to change and taking risks
D. Want strict rules, laws and policies
Question 10 of 25 4.0 Points
Firms with clearly communicated, widely understood and collectively shared mission and vision have been shown:
A. To create and advance technology
B. To embrace diversity
C. To perform better than those without them
D. To employ a smarter workforce
Question 11 of 25 4.0 Points
Organizational culture is defined by all of the following EXCEPT:
A. Life experiences of the employees
B. Strengths and weakness of the staff
C. Organizational mission and vision statements
D. Education of the employee
Question 12 of 25 4.0 Points
The number of people who participate in a nominal group technique is generally:
A. 1-5 participants
B. 3-8 participants
C. 6-10 participants
D. 8-14 participants
Question 13 of 25 4.0 Points
Mission and vision development are analogous to which step in the principles of management framework:
A. Planning
B. Organizing
C. Leading
D. Controlling
Question 14 of 25 4.0 Points
Strategy formulation answers the question:
A. How do we execute a chosen strategy?
B. What should our strategy be?
C. Where does strategy fit in?
D. How is strategy applied to me?
Question 15 of 25 4.0 Points
The different aspects of strategy as distinguished by Mintzberg include which of the following?:
A. Consequential
B. Differentiate
C. Realized
D. Permanent
Question 16 of 25 4.0 Points
Firms that do the product leadership strategy well include which of the following factors:
A. Do not focus on innovation
B. Have superb operations and execution
C. Are in stagnant markets
D. Focus on development, innovation, design, and time to market
Question 17 of 25 4.0 Points
Which of the following is considered an intangible resources?:
A. Scientific capabilities
B. Production equipment
C. Manufacturing plants
D. Formal reporting structures
Question 18 of 25 4.0 Points
The intensity of industry competition and an industry’s profit potential are a function of which of the following forces of competition?:
A. Power of stockholders
B. Power or employees
C. Global economic conditions
D. Threats…
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