The thing that makes your product special is known as your ________.
A) assets
B) destruction device
C) competitive advantage
D) competitive strength
Evidence that managers in the fifteenth-century Venetian shipbuilding facility were
interested in job satisfaction is best shown by which of the following?
A) inventory systems
B) warehouses for materials
C) wine breaks for employees
D) an accounting system
Team skills ________.
A) are inborn
B) can be learned
C) can never be learned
D) cannot be picked up through training
What does Wal-Mart’s business policy say about the company’s belief in global climate
change?
A) Wal-Mart must believe that global climate change is a hoax.
B) Wal-Mart must believe that global climate change is a real threat.
C) Wal-Mart must believe that global climate change is a left-wing conspiracy.
D) Wal-Mart must believe that global climate change is a right-wing conspiracy.
As one of his first tasks in a new job, Steve’s boss asks him to develop a database that
lists the educational level, special capabilities, and specialized skills of all the
employees in his firm. This is known as a ________.
A) job description
B) human resource inventory
C) lengthy process
D) job analysis
Robert Owen, Mary Parker Follett, and Hugo Munsterberg wrote extensively about how
important ________ to an organization’s success.
A) people are
B) top-level managers are
C) resources are
D) financial backing is
This section of a full business plan would include a description of the demographics of
the target market for the organization.
A) description of the business
B) financial data and projections
C) executive summary
D) analysis of opportunity
Status incongruence can be upsetting to employees because it sends a signal that
organizational accomplishments ________.
A) are rewarded fairly and justly
B) are always rewarded
C) are never rewarded
D) are not always rewarded fairly and justly
A salad dressing company that buys a large olive grove to produce olive oil is practicing
which of the following?
A) concentration
B) forward vertical integration
C) backward vertical integration
D) horizontal integration
High self-esteem individuals tend to ________.
A) make excuses for themselves
B) avoid making excuses for themselves
C) take risks
D) avoid risks
Which of the following identifies an outcome of the recent economic crisis of 2008?
A) fewer business regulation
B) increased business regulations
C) no business regulations
D) voluntary business regulations
Fiedler assumed a person’s leadership style ________.
A) is contingent on the situation
B) is variable
C) evolves over time
D) is fixed
Business Expansion Plan (Scenario)
As a business expansion director, Shana’s goal is to scout potential locations for her
company’s planned expansion to other countries. There are many options, some of
which include maintaining the business’s head office in the United States. Other options
send company representatives to foreign operations when necessary, or establishing
separate operation facilities abroad and hiring locals as managers.
If Shana’s company decides to open a new operation in Germany that has local
managers and is run locally but still exists under the umbrella of the home company, it
would be considered a ________.
A) national corporation
B) borderless organization
C) trade alliance
D) multidomestic corporation