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MGT 103 EXAM PRACTICE SOLUTION 2026 ACTUAL QUESTIONS WITH CORRECT ANSWERS GRADED A+

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MGT 103 EXAM PRACTICE SOLUTION 2026 ACTUAL QUESTIONS WITH CORRECT ANSWERS GRADED A+

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MGT 103 EXAM PRACTICE SOLUTION 2026
ACTUAL QUESTIONS WITH CORRECT
ANSWERS GRADED A+


◉ Working a full forty-hour week in fewer than the traditional five days
is called
A. job sharing.
B. flextime.
C. a nine-eighty schedule.
D. a compressed work schedule. Answer: D


◉ The term span of management refers to the
A. The extent to which authority is delegated at the individual level
B. extent to which authority is systematically delegated to middle and
lower levels of management.
C. number of people reporting to a particular manager.
D. process of grouping jobs according to some logical pattern.
E. number of managers assigned to a department. Answer: C


◉ When organizations relate to their environments in ways that involve
ethical dilemmas and decisions, these situations are said to fall within
the context of the organization's ___ responsibility.

,A. Legal
B. Ethical
C. Social
D. cultural. Answer: B


◉ When organizations relate to their environments in ways that involve
ethical dilemmas and decisions, these situations are said to fall within
the context of the organization's ___ responsibility.
A. Legal
B. Ethical
C. Social
D. cultural. Answer: B


◉ 5. The ___ budget shows the anticipated differences between sales or
revenue and expenses.
A. Expense
B. Profit
C. Labor
D. capital expenditure. Answer: B


◉ The top managers at Redd Inc. are developing a plan to reduce the
production costs of the company. By reducing costs, Redd wants to gain
a competitive advantage of cost leadership. The plan being developed in

,this scenario is a(n) ___ plan.
A. Strategic
B. Tactical
C. Operational
D. Contingency. Answer: A


◉ When large firms merge, the results are often initially disappointing
due to control systems trying to cope with a(n)
A. rise in error accumulation.
B. increase in organizational complexity.
C. lack of environmental change.
D. increase in costs. Answer: B


◉ 10. As a process, leadership can be defined as
A. The practice of empowering employees to participate in
organizational decision-making
B. the set of characteristics attributed to individuals who are perceived to
be leaders.
C. the use of noncoercive influence to shape an organization's goals.
D. the ability to assess business process performance. Answer: C


◉ What is one of the strengths of the bureaucratic model?
A. Favoritism and bias are minimized

, B. It is easier to change rules when circumstances change.
C. Once rules are understood, it is easier to make exceptions.
D. There is a higher level of flexibility.
E. More attention is paid to the human and social processes. Answer: A


◉ An example of a force for change in the task environment of an
organization is
A. pricing strategies of competitors.
B. employee turnover rates.
C. capital availability.
D. employee motivation. Answer: A


◉ What is the source of control for finished goods inventory?
A. Shop floor control systems
B. High-level production scheduling systems
C. Transportation
D. Distribution control systems. Answer: B


◉ Which of the following types of operations control relies heavily on
feedback processes?
A. Strategic control
B. Financial control

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