The deployment of organizational resources to achieve strategic goals refers to
organizing.
a. True
b. False
The firm’s financial position with respect to assets and liabilities at a specific point in
time is shown by its:
a. activity ratio.
b. profitability ratio.
c. income statement.
d. liquidity ratio.
e. balance sheet.
______ means that managers know which goals they wish to achieve, but information
about alternatives and future events is incomplete.
a. Certainty
b. Risk
c. Uncertainty
d. Ambiguity
e. Advocacy
Which of the following refers to financial managers and others who base their decisions
on complex quantitative analysis, under assumption that using advanced mathematics
and technology can accurately predict how the market works?
a. Stems
b. Yuppies
c. Quals
d. Quants
e. Fins
Which of the following is NOT a characteristic of a creative individual?
a. Conceptual fluency
b. Undisciplined exploration
c. Persistence and focused approach
d. Authorization and dependent
e. All of these are characteristic of a creative individual
A leader who works to fulfill subordinates’ needs and goals as well as to achieve the
organization’s larger mission is
called a servant leader.
a. True
b. False
Individuals who believe that they control their own destiny are described as having a:
a. high external locus of control.
b. high Mach personality.
c. low introversion characteristic.
d. high internal locus of control.
e. low Mach personality.
The task environment sectors are the most relevant to strategic behavior and include the
behavior of competitors, customers, suppliers, and the labor supply.
a. True
b. False
Which of the following teams are described as a team that uses computer technology
and groupware so that geographically distant members can collaborate on projects and
reach common goals?
a. Functional
b. Command
c. Virtual
d. Long distance
e. Task force
From the 1950s until today, which management perspective has remained the most
prevalent?
a. Systems
b. Qualitative
c. Scientific management
d. Quantitative
e. Humanistic
Creating a climate of trust and openness is the most important thing managers can do to
enhance organization communication.
a. True
b. False
In centralized planning, managers at all levels work with planning experts to develop
their own goals and plans.
a. True
b. False
Which of the following would be the best way for One-Hit-Wonder to decrease its
uncertainty?
a. To create boundary-spanning roles
b. To eliminate interorganizational partnerships
c. To merge with another company
d. To create a joint venture
e. None of these
The problem Melissa faced was:
a. culture gap.
b. structural instability.
c. environmental uncertainty.
d. company transformation.
e. legal problems.
Which ethical approach are companies citing to justify their policing of employee’s
personal habits on and off the job, such as alcohol and tobacco consumption?
a. Justice approach
b. Utilitarian approach
c. Individualism approach
d. Moral-justice approach
e. Discretionary responsibility
Information distortion or loss of message content is a major problem with:
a. upward communication.
b. formal communication.
c. downward communication.
d. informal communication.
e. horizontal communication.
Briefly define the characteristics of an effective goal.
List the two types of personal power.
_______ generally outline the procedures to be used in specific ethical situations, such
as marketing practice, conflicts of interest, and observance of laws.
If a manager finds several new competitors on the horizon, he or she may need to spend
more time in the ______ role.
Formal_____includes messages that flow from the lower to the higher levels in the
organization’s hierarchy.
Explain how a manager selects the desired decision in the managerial decision making
process.