MGT 500/MGT500 Midterm 1 (A+++++) 100% - 90478

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1. Which of these managers are responsible for the manufacturing and marketing departments that make or sell the product or service? Answer Top Line First-line Staff Project 2. Using influence to motivate employees describes which of these functions? Answer Controlling Planning Leading Monitoring Organizing 3. Which of the following is not a decisional role? Answer Entrepreneur Negotiator Resource allocator Disturbance handler Liaison 4. Which of the following refers to managing the sequence of suppliers and purchasers, covering all stages of processing from obtaining raw materials to distributing finished goods to consumers? Answer E-commerce E-business Supply chain management Knowledge management Customer relationship management 5. The ____ refers to a chain of authority extending from top to the bottom of the organization and including every employee. Answer Unity of command Division of labor Unity of direction Scalar chain 6. According to Douglas McGregor, the classical perspective on management is consistent with which of the following? Answer Theory X manager Theory Y manager Theory Z manager Theory A manager 7. _ is a narrative based on true event that is repeated frequently and shared by organizational employees. Answer Symbol Slogan Story Hero Culture 8. is an approach to boundary spanning which results from using sophisticated software to search through large amounts of internal and external data to spot patterns, trends, and relationships that might be significant. Answer Merger intelligence Business intelligence Competitive intelligence Partnership intelligence Environment intelligence 9. The environments in which businesses operate are increasingly ____, requiring managers to be ready to react and respond to even subtle environmental shifts. Answer Static Universal Constant Dynamic Traditional 10. Language, values, religion, and education all describe which dimension in the international environment? Answer Economic Legal Political Sociocultural Technololgical 11. The European Union has expanded to a ____-nation alliance Answer 14 12 27 16 21 12. The management of business operations conducted in more than one country is called Answer global management. international management. outsourcing management. planning management. domestic management. 13. _ is economic development that generates wealth and meets the needs of their current generation while focusing on future generations. Answer Ethical management Activist strategy Sustainability Market strategy Future management 14. Examples of unethical behavior toward ________ include a hostile work environment and violations of health and safety rules. Answer Customers Financiers Society Suppliers employees 15. Which of the following stages is the stage of personal moral development in which an individual develops an internal set of standards and values? Answer Preconventional Conventional Principled Discretionary Social 16. Which of the following is an unincorporated business owned by two or more? Answer A partnership A proprietorship A corporation An association A trade alliance 17. _ refers to the belief by individuals that their future is within their control and that external forces will have little influence. Answer Awareness of passing time Tolerance for ambiguity Internal locus of control External locus of control Deferred locus of control 18. A group of companies or individuals that invests money in new or expanding businesses for ownership and potential profits is known as Answer an equity financing firm. franchising. a venture capital firm. a corporation. a trade alliance. 19. __ is primarily responsible for operational goals/plans. Answer Middle management Board of directors Consultants Top management Lower management 20. Which of these is a method of management whereby managers and employees define goals for every department, project, and person and use them to monitor subsequent performance? Answer Organizational planning Management by objectives Goal setting Mission development Vision development 21. A blueprint specifying the resource allocations schedules, and other actions necessary for attaining goals is referred to as a(n) Answer Goal Plan Mission Vision Objective 22. With a(n) ____ strategy, the organization concentrates on a specific regional market or buyer group. Answer Cost leadership Differentiation Focus Internal growth Liquidation 23. Which of the following strategies involve an attempt to distinguish the firm's products or services from others in the industry? Answer Cost leadership Differentiation Focus Internal growth Liquidation 24. The condition that exists when the organization's parts interact to produce a joint effect that is greater than the sum of the parts acting alone is known as Answer Core competence Synergy Value creation Business-level strategy multidomestic strategy 25. The ____ function recruits selects, trains, transfers, promotes, and lays off employees to achieve strategic goals. Answer Production Leadership Information and control systems Structural design Human resource
Solution Description

1. Which of these managers are responsible for the manufacturing and marketing departments that make or sell the product or service?

Answer

Top

Line

First-line

Staff

Project

2. Using influence to motivate employees describes which of these functions?

Answer

Controlling

Planning

Leading

Monitoring

Organizing

3. Which of the following is not a decisional role?

Answer

Entrepreneur

Negotiator

Resource allocator

Disturbance handler

Liaison

4. Which of the following refers to managing the sequence of suppliers and purchasers, covering all stages of processing from obtaining raw materials to distributing finished goods to consumers?

Answer

E-commerce

E-business

Supply chain management

Knowledge management

Customer relationship management

5. The ____ refers to a chain of authority extending from top to the bottom of the organization and including every employee.

Answer

Unity of command

Division of labor

Unity of direction

Scalar chain

6. According to Douglas McGregor, the classical perspective on mana

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