Which of the following statements is true about NAFTA?
A) It aims at facilitating trade among the United States, Canada, and Mexico.
B) It’s members include Denmark, the United Kingdom, Portugal, the Netherlands,
Belgium.
C) It is an international market agreement aimed at facilitating trade among African
nations.
D) It works to reduce tariffs and other trade barriers across the Asia-Pacific region.
E) It has 21 members, including Canada, the People’s Republic of China, Indonesia, and
the U.S.
Which of the following is an advantage of group decision-making?
A) Groups take lesser time than individuals to arrive at a decision because of the
collective and diverse mentality of groups.
B) Group decisions do not cost the organization as much as individual decisions do.
C) Group decisions are often of a higher quality than individual decisions because of
the friendly relationships that exist within the group.
D) Group decisions can be effectively controlled and influenced by the dominant
members of the group.
E) Members of the group tend to support the implementation of the decision more
fervently than they would if the decision had been made by an individual.
Which of the following is true according to Hofstede’s method of describing culture?
A) Countries with low power distance tend to emphasize, expect, and accept more
autocratic than democratic leadership.
B) Highly feminine countries place a high worth on factors like competitiveness,
assertiveness, success, and wealth.
C) Power distance is the extent to which a society feels threatened by uncertain or
unpredictable situations.
D) Countries that are high in uncertainty avoidance prefer being in more defined and
predictable situations.
E) Countries with low uncertainty avoidance deemphasize short-run success to achieve
long-run success.
Which of the following statements is true about a social audit?
A) It is the process of measuring the increase in a firm’s brand awareness after it
conducts social responsibility activities.
B) It is the process of forecasting the impact of an organization’s social responsibility
activities on the society to decide its feasibility.
C) It is the process of measuring the increase in an organization’s profits after it has
conducted social responsibility activities.
D) It is the process of measuring the present social responsibility activities of an
organization to assess its performance in this area.
E) It is the process of measuring the impact of an organization’s social responsibility
activities on the society.
When decisions are reached using probability theory, the alternative normally chosen is
the one with ________.
A) the lowest expected value
B) the highest expected value
C) the lowest cost/benefit ratio
D) the lowest risk
E) the highest risk
Workplace bullying refers to ________.
A) individuals being isolated or excluded socially and having work efforts devalued
B) keeping employee salaries and benefits much below industry standards
C) promoting organizational conflicts and in-fights to increase performance
D) hiring more employees than what is required to run the business
E) recruiting employees who are incapable or under-qualified to perform certain jobs
The first step in the functional similarity method of dividing jobs is to ________.
A) designate appropriate activities that must be performed to reach desired objectives
B) examine management system objectives
C) make specific individuals responsible for performing specific jobs
D) design specific jobs by grouping similar activities
E) create an organization chart
According to the contingency viewpoint to designing span of management, the
appropriate span of management narrows when ________.
A) the activities performed by supervised individuals are similar
B) subordinates are carrying out simple functions
C) the manager needs to spend a lot of time on planning activities
D) subordinates’ activities need little synchronization
E) subordinates are physically located close to one another
Transnational organizations are also called ________.
A) global corporations
B) multinational corporations
C) international corporations
D) domestic corporations
E) pan-national corporations
A natural result of group solidarity is ________.
A) social loafing
B) exclusion
C) group control
D) groupthink
E) group conflict
The first step in the decision-making process is to ________.
A) identify possible alternatives for solving an organizational problem
B) identify organizational objectives
C) identify an existing problem
D) gather feedback about an existing problem
E) implement the selected alternative
In strategic planning, managers consider the organization as a total unit and ask
themselves what must be done in the long term, which is usually ________.
A) three to five years into the future
B) in the coming year
C) one to two years into the future
D) five to ten years from now
E) five to twenty years from now
________ is the assignment of various portions of a particular task among a number of
organization members.
A) Participation
B) Job enlargement
C) Division of labor
D) Job rotation
E) Work sharing
Which of the following is an analytical tool that can be used to determine what informal
groups exists in an organization and who the members of those groups are?
A) informal matrix
B) sociometry
C) social network diagram
D) PERT
E) reciprocity diagram
Value Innovations Inc. engages in selling computers and other electronic components
through telephone and Web orders. The company has decided to change some of its
policies. When recruiting employees, it will now focus primarily on the attitudes of
individuals. Here, the company is concentrating on a(n) ________ factor.
A) structural
B) technological
C) communication
D) people
E) informative
In simple terms, the ________ to management emphasizes that what managers do in
practice depends on the given set of circumstances.
A) classical approach
B) lower level management analysis approach
C) management science approach
D) contingency approach
E) comprehensive management analysis approach
A company uses current ratio to analyze its financial position. Which of the following
information can be obtained from current ratio?
A) efficiency of inventory management
B) productivity of the company’s assets
C) information on the short-term solvency
D) information on the total debt of the company
E) information on financial leverage
The most significant factor in determining whether an organization will have staff
personnel is ________.
A) the size of the organization
B) the qualifications of the workers
C) the type of industry
D) the degree of centralization in the organization
E) the nature of the products and service produced