A sneaker company creating its own stores where it sells only its own brand is an
example of which of the following?
A) forward vertical integration
B) backward horizontal integration
C) forward horizontal integration
D) reverse vertical integration
In an open system, a manager is responsible for managing ________.
A) just the internal company itself and not the external environment
B) just the external environment
C) both the internal and the external environment
D) the inputs but not the outputs
The “white-water rapids” metaphor envisions an organization as ________.
A) a large ship on a roiling sea
B) a large ship on a calm sea
C) a small raft on a calm river
D) a small raft on a raging river
A balanced scorecard approach creates goals in four key performance areas and
assesses ________.
A) whether all four goals are met
B) whether all four goals are met equally
C) whether any of the four goals are met
D) which goals are exceeded
The component of attitude that is made up of knowledge and information is ________.
A) cognitive
B) behavioral
C) affective
D) practices
If a person who is always late for work is late once again and blames it on a traffic jam,
coworkers would probably attribute that person’s lateness to ________.
A) traffic
B) an external source
C) an internal source
D) his or her car
MBWA stands for management by ________.
A) work area
B) work action
C) written action
D) walking around
According to Henri Fayol, the principle of ________ gives managers the right to give
orders.
A) discipline
B) centralization
C) order
D) authority
Which company would be best suited to a “ready-fire-aim” culture?
A) a chocolate bar company that has made the same successful products for decades
B) a pharmaceutical company that is searching for a new way to prevent obesity
C) a cell phone company that is seeking to gain market share
D) a camera company that is worried that cell phones are taking over its business
According to Michael Porter, a company with good products that has no clear
competitive advantage is said to be ________.
A) perfectly positioned
B) stuck in the middle
C) in the wheelhouse
D) outside of the box
All of the following are goals of the orientation process EXCEPT ________.
A) reduce anxiety
B) familiarize the employee with job
C) introduce the employee to his or her coworkers
D) discuss payments and benefits
Potential stress can become actual stress when the outcome of an event is uncertain and
________.
A) not important to the individual
B) hard for the individual to understand
C) occurs on a regular basis
D) important to the individual
The ________ strategy occupies the level below the corporate strategy.
A) business unit
B) competitive
C) functional
D) performance
________ is a measure of an organization’s ability to meet its current debt obligations.
A) Profitability
B) Activity
C) Leverage
D) Liquidity
If you are a person who dislikes making plans, you would probably score high on which
aspect of the Myers-Briggs Type Indicator®?
A) extrovert rather than introvert
B) introvert rather than extrovert
C) judging rather than perceiving
D) perceiving rather than judging