The set of decisions and actions used to formulate and implement strategies that will
provide a competitively superior fit between the organization and its environment so as
to achieve organizational goals is known as:
a. strategy formulation.
b. strategic planning.
c. strategic management.
d. strategy implementation.
e. strategy evaluation.
Jason has been unemployed for three months. When his wife asked him why he was not
looking for a job, Jason responded, “If I am lucky, I will get my old job back.” Jason
would be considered as having a(n):
a. external locus of control.
b. high conscientiousness.
c. sensation and intuition type personality.
d. internal locus of control.
e. high Mach attitude.
The advantage of buying an existing business is the ability to develop and design the
business in the entrepreneur’s own way.
a. True
b. False
Which of the following is NOT a valid component of authentic leadership?
a. Pursues purpose with passion
b. Isolates self from others
c. Leads with the heart as well as the head
d. Demonstrates self-discipline
e. Practices solid values
Opportunities are characteristics of the internal environment that have the potential to
help the organization achieve or exceed its strategic goals.
a. True
b. False
More organizations are requiring all employees to perform boundary-spanning because
environmental shifts can happen quickly.
a. True
b. False
People generally experience______when their work matches their needs and interests,
when working conditions and rewards (such as pay) are satisfactory, and when the
employees like their co-workers.
a. job involvement
b. extroversion
c. cognitive dissonance
d. Machiavellianism
e. job satisfaction
Culture can be defined as:
a. the set of key values, beliefs, understandings, and norms shared by members of an
organization.
b. the ability to speak different languages.
c. an object, act, or event that conveys meaning to others.
d. a narrative based on true events that is repeated frequently and shared by
organizational employees.
e. none of these.
When a group of workers have routine tasks to perform, a_______communication
structure allows more time for the task to be completed.
a. linear
b. centralized
c. decentralized
d. gossip
e. team
A formal chain of command for both functional and divisional relationships is provided
by the_______ approach to structure.
a. matrix
b. vertical functional
c. divisional
d. product
e. team-based
_______involves whether putting effort into a task will lead to high performance.
Briefly explain the concept of line and staff departments and authority.
______ theories explain how workers select behavioral actions to meet their needs and
determine whether their choices were successful.
The ________ culture places high value on HR, and the organization may be
characterized by a caring, family-like atmosphere.
Describe the difference between a balance sheet and an income statement.
______ is the extent to which the leader is task oriented and directs subordinates’ work
activities toward goal
attainment.
The plan of action that prescribes resource allocation and other activities for dealing
with the environment and helping the organization attain its goals is called
a(n)________.
List the four reasons why employees tend to resist change.
________ reflects the values of relationships, cooperation, group decision making, and
quality of life.
A nation’s ______ includes the shared knowledge, beliefs, and values, as well as the
common modes of behavior and ways of thinking, among members of a society.