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The drawbacks of proprietorship include unlimited liability and difficulty in obtaining
financing.
a. True
b. False
The _____ step in the decision making process involves using managerial,
administrative, and persuasive abilities to translate the chosen alternative into action.
a. recognition
b. analysis
c. evaluation
d. implementation
e. feedback
Which of these occupations would Layla most likely succeed in based on her problem
solving style?
Scenario - Layla Fox
Layla Fox is a creative, imaginative, artistically sensitive individual who loves to take
on new opportunities. She is a successful manager who believes that she makes her own
destiny through hard work and listening to people. Her personal problem solving style
is intuitive-thinking.
a. Counseling
b. Advertising
c. Teaching business
d. Engineering
e. Politics
Which of the following is NOT a characteristic of team structure and context influence
cohesiveness?
a. Personal attraction to the team
b. Productivity expectations
c. Shared goals
d. Team interaction
e. All of these are components
Which of the following is NOT one of the benefits of MBO?
a. Performance can be improved at all company levels.
b. Employees are motivated.
c. Efforts are focused on activities that will lead to goal attainment.
d. Operational goals are able to displace strategic goals.
e. Individual and department goals are aligned with company goals.
All of the following are essential parts of any definition of leadership EXCEPT:
a. influence.
b. people.
c. goals.
d. coercive power.
e. influence and people only.
Traits of _____seem to be particularly important in today's collaborative organizations.
a. likability
b. agreeableness
c. friendliness
d. openness
e. sociability
Regarding the levels of personal moral development, the majority of managers operate
at the _____ level.
a. preconventional
b. autocratic
c. postconventional
d. conventional
e. transformative
Shooting Star, Inc. has slow response to external changes, centralized decision making,
and poor coordination across departments. It is likely structured:
a. along divisional lines.
b. along functional lines.
c. based on the team approach.
d. based on the virtual network approach.
e. none of these.
Jamila is a successful artist and entrepreneur who makes all of her work out of recycled
goods because she believes in sustainability. She can be described as a social
entrepreneur that is committed to:
a. international human rights.
b. environmental protection.
c. children's rights.
d. industrial protectionism.
e. consumerism.
The owner should start implementing more structured control systems by Stage 3 of
growth for an entrepreneurial firm.
a. True
b. False
Feedback is the part of monitoring that assesses whether a new decision needs to made.
a. True
b. False
The _____ strategy involves seeking efficient facilities, cutting costs and using tight
cost controls to be more efficient than competitors.
a. cost leadership
b. differentiation
c. focus
d. internal growth
e. liquidation
Managing diversity means creating a climate in which the potential advantages of
diversity for organizational or group performance are maximized while the potential
disadvantages are minimized.
a. True
b. False
Procedural justice requires that rules be stated clearly, consistently and impartially
enforced, and administered fairly.
a. True
b. False
Point-counterpoint is a decision-making technique in which people are assigned to
express competing points of view.
a. True
b. False
____ aspects of management do not change when doing business internationally.
a. Planning
b. Organizing
c. Controlling
d. Leading
e. All of these
Scientific management developed a standard method for performing each job.
a. True
b. False
