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"The Brain" is a permanent secret group within one of the nation's largest auto
manufacturers. Members of this elite group focus intently on developing new and
innovative automobile technologies. "The Brain" can best be described as what type of
group or team?
a. Cross-functional team
b. Fast-cycle team
c. Brainstorming team
d. Skunkwork
e. New-venture team
Tammy is a production manager at Eagle's Nest, Inc.. She is concerned that too much
money is being wasted on inventory that is sitting in the warehouse too long. She
should calculate a(n):
a. current ratio.
b. inventory turnover ratio.
c. conversion ratio.
d. profitability ratio.
e. leverage ratio.
Exploration is the aspect of product and technology innovation that involves creating
mechanisms to make sure new ideas are carried forward, accepted, and implemented.
a. True
b. False
The primary emphasis of polycentric companies is on their home countries.
a. True
b. False
A situational variable that counteracts a leadership style and prevents the leader from
displaying certain behaviors is called a neutralizer.
a. True
b. False
Which of the following is a business activity that an organization does especially well
relative to its competition?
a. Strategy
b. Synergy
c. Cash cow
d. Core competence
e. Multidomestic
Your grocery store in India is having trouble getting the local farmers to supply you
with the proper produce. This is a problem with India's:
a. product market.
b. resource market.
c. infrastructure.
d. economy.
e. power distance.
A plan tells "why" to achieve the goal.
a. True
b. False
A junior VP at a financial services firm meets regularly with Edward, a retired
businessman who is now in the business of directing, instructing, and training managers
in the development of their personal competencies. Edward can best be described as
a(n) _____.
a. enabler
b. protege
c. coach
d. recruiter
e. mentor
The consistency culture has a(n) _____ focus and an orientation for a _____
environment.
a. external, stable
b. external, dynamic
c. internal, stable
d. internal, dynamic
e. structural, dynamic
When Coca-Cola introduced Surge, a new citrus soft-drink, what type of strategy was
being pursued?
a. Functional-level strategy
b. Multi-domestic strategy
c. Corporate-level strategy
d. Retrenchment strategy
e. Business-level strategy
Managers must understand no plan is perfect, but should grow and change to meet new
conditions.
a. True
b. False
A substitute counteracts the leadership style and prevents the leader from displaying
certain behaviors.
a. True
b. False
China is the most entrepreneurial country, with 24 percent of individuals age 18 to 64
starting a new business.
a. True
b. False
Ally's Applesauce is in the process of hiring sixty new workers. The personnel
department has a large pool of unskilled labor to draw from due to the high
unemployment rate in the local area. Which dimension of the external environment is
involved here?
a. Sociocultural
b. Competitors
c. Technological
d. Labor market
e. Legal-political
