MGMT310 QUIZ 1(SOLUTION 25/25)Question 1 of 25 4.0 PointsManagers are responsible for getting activities completed efficiently and achieving the firm’s goals by utilizing:A.Human, financial, and material resourcesB.Information, human, and service resourcesC.Human resources, organizational competitiveness, and organizational goalsD.Financial resources, top management, and organizational goalsQuestion 2 of 25 4.0 PointsA difference between management and leadership can be defined in the following wayA.management is human capital, and leadership is directing staffB. management is getting things done, and leadership is deciding what needs to be doneC. management is getting things done, and leadership is inspiring action taken by othersD. management is a position of authority or power, and leadership is inspiring action taken by othersQuestion 3 of 25 4.0 PointsThree different types of planning used in the function of management areA. strategic, tactical, and operationalB. strategic, organizational design, and job designC. job design, job enrichment, and teamworkD. strategic, organizational design, and operationalQuestion 4 of 25 4.0 PointsTriple bottom line refers to the measurement of business performance alongA. social, economic and organizational dimensionsB. social, economic and environmental dimensionsC. economic, organizational, and human performance dimensionsD. environmental, organizational and corporate responsibilityQuestion 5 of 25 4.0 PointsThe difference between group and team isA. A collection of people is a group and not necessarily a teamB. Complementary skills are found in a group but not a teamC. The aim and purpose of a group is to perform in the workplaceD. Groups are defined by their relatively small sizeQuestion 6 of 25 4.0 PointsThe interests of one person should never take precedence over what is best for the company as a whole is an explanation of which of Fayols principles of management:A. Unity of commandB. Unity of directionC. Subordination of individual interestD. DisciplineQuestion 7 of 25 4.0 PointsThe term social movement refers to a type of group that:A. Imitates corporations to improve employee morale in organizationsB. Is focused on specific political or social issuesC. Mimic societyD. Performs activities outside the workplaceQuestion 8 of 25 4.0 PointsWorking with people from different countries can be a challenge because of:A. Language issues and different cultural normsB. Cross-cultural misunderstandingsC. Different work skills according to cultural normsD. Global strategic communicationQuestion 9 of 25 4.0 PointsPeople in societies where uncertainty avoidance is high want:A. Are less rule-orientedB. Tolerate a variety of opinionsC. Are open to change and taking risksD. Want strict rules, laws and policiesQuestion 10 of 25 4.0 PointsFirms with clearly communicated, widely understood and collectively shared mission and vision have been shown:A. To create and advance technologyB. To embrace diversityC. To perform better than those without themD. To employ a smarter workforceQuestion 11 of 25 4.0 PointsOrganizational culture is defined by all of the following EXCEPT:A. Life experiences of the employeesB. Strengths and weakness of the staffC. Organizational mission and vision statementsD. Education of the employeeQuestion 12 of 25 4.0 PointsThe number of people who participate in a nominal group technique is generally:A. 1-5 participantsB. 3-8 participantsC. 6-10 participantsD. 8-14 participantsQuestion 13 of 25 4.0 PointsMission and vision development are analogous to which step in the principles of management framework:A. PlanningB. OrganizingC. LeadingD. ControllingQuestion 14 of 25 4.0 PointsStrategy formulation answers the question:A. How do we execute a chosen strategy?B. What should our strategy be?C. Where does strategy fit in?D. How is strategy applied to me?Question 15 of 25 4.0 PointsThe different aspects of strategy as distinguished by Mintzberg include which of the following?:A. ConsequentialB. DifferentiateC. RealizedD. PermanentQuestion 16 of 25 4.0 PointsFirms that do the product leadership strategy well include which of the following factors:A. Do not focus on innovationB. Have superb operations and executionC. Are in stagnant marketsD. Focus on development, innovation, design, and time to marketQuestion 17 of 25 4.0 PointsWhich of the following is considered an intangible resources?:A. Scientific capabilitiesB. Production equipmentC. Manufacturing plantsD. Formal reporting structuresQuestion 18 of 25 4.0 PointsThe intensity of industry competition and an industrys profit potential are a function of which of the following forces of competition?:A. Power of stockholdersB. Power or employeesC. Global economic conditionsD. Threats posed by new entrantsQuestion 19 of 25 4.0 PointsGoals are outcome statements that define what an organization is trying to accomplish:A. ProgrammaticallyB. OrganizationallyC. Both programmatically and organizationallyD. InternallyQuestion 20 of 25 4.0 PointsCharacteristics of MBO includes which of the following?:A. Systematic and organized approachB. Aims to improve employee moraleC. It improves communication by centralizes decision makingD. Used by managers to track their best customersQuestion 21 of 25 4.0 PointsThe following is NOT considered a best practice when managing performance evaluations:A. Determine how best to use the Balanced ScorecardB. Ensure that all key staff are involved in the development of the performance management processesC. Provide additional training for supervisors on how to conduct the mid-year and year-end performance reviewsD. Plan to modify the performance management system over timeQuestion 22 of 25 4.0 PointsAmong the top motivators driving corporations to engage in CSR include all of the following reasons EXCEPT:A. Meeting or exceeding budgetB. Ethical considerationsC. Innovation and learningD. Employee motivationQuestion 23 of 25 4.0 PointsSelf-development, individual initiative and organizational loyalty are:A. Necessary in current principles of behavior in organizationsB. Examples of organizational citizenship behaviorsC. In-role performance standardsD. CSR standards for individual performanceQuestion 24 of 25 4.0 PointsThe Gilbreths are most famous for:A. Content PackagingB. Times studiesC. Productivity reportsD. Time and motion studiesQuestion 25 of 25 4.0 PointsSocial networks are often referred to as:A. The invisible organizationB. Important to organizational cultureC. NIHD. Important to the mission and vision of the organization
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