Fixed costs for a product are $60,000. The product itself sells for $4.00 and it costs
$1.00 to make each product. How will the break-even point for the product change if
the variable cost per unit goes up to $1.50?
A) The break-even point will increase by 4000.
B) The break-even point will increase by 24,000.
C) The break-even point will decrease by 4000.
D) The break-even point will increase by 20,000.
Which of the following is NOT a typical attempt by management to provide flexibility
in the workplace?
A) benefits for part-time employees
B) on-site day care
C) telecommuting
D) job sharing
Which of the following is NOT an argument against the idea that companies should be
socially responsible?
A) costs
B) too much power
C) violation of profit maximization
D) public expectations
Group decisions generally feature ________ acceptance than decisions made by an
individual.
A) greater
B) less
C) neither greater nor less
D) more enthusiastic
According to the University of Michigan studies, leaders who were ________ were
associated with higher group productivity and higher job satisfaction.
A) employee oriented
B) initiating structure
C) considerate
D) production oriented
Recent studies indicate that this measure of ability is the best predictor of who will be a
leader in an organization.
A) standardized test intelligence
B) academic intelligence
C) technical expertise
D) emotional intelligence
Maslow’s theory is a hierarchy because ________.
A) all needs are equal
B) all needs are important
C) needs are satisfied sequentially
D) needs are never truly satisfied
Which of the following is used exclusively to generate creative ideas in a group setting?
A) brainstorming
B) nominal group technique
C) groupthink
D) electronic meetings
In the U.S. the gap between the rich and poor is ________.
A) decreasing
B) accepted
C) hidden
D) increasingly tolerated
Outside consultants generally try to initiate ________ changes than internal managers.
A) more drastic
B) less drastic
C) more cautious
D) fewer
After deciding that she likes the architect’s new building design this morning, this
afternoon Wendy has decided to go ahead with the project. Which component of
attitude did she use this afternoon?
A) cognitive
B) behavioral
C) emotive
D) affective
The greater the environmental uncertainty, the more an organization needs to become
________.
A) organic
B) mechanistic
C) stable
D) high-tech
This is one of the best ways for entrepreneurs to deal with especially difficult
work-related or personal problems.
A) read self-help books
B) consult trusted employees
C) develop a network of trusted peers
D) consult relatives and family members
What is a weakness of a simple structure?
A) Duplication of activities and resources increases costs and reduces efficiency.
B) Functional specialists become insulated and have little understanding of what other
units are doing.
C) Pursuit of functional goals can cause managers to lose sight of what is best for the
overall organization.
D) Reliance on a single person is risky.
A light-hitting baseball player who is suddenly asked to be a power hitter and hit home
runs would be likely to experience ________ stress.
A) role overload
B) role demand
C) role conflict
D) role ambiguity