MGT 330 PRINCIPLES OF MANAGEMENT
PRACTICE TEST 2026 TESTED QUESTIONS
AND CORRECT ANSWERS
◉ What are common types of workplace deviance?
Answer: Production Deviance, Property Deviance (e.g. Shrinkage),
Political deviance, Personal Aggression.
◉ Does social responsibility help or hurt an organization's economic
performance?
Answer: No trade-off; it can strengthen with a strong reputation.
◉ What are best practices for brainstorming?
Answer: Deferring judgment, encouraging ideas, building on others'
ideas, prioritizing quantity over quality.
◉ What is the difference between stakeholders and shareholders?
Answer: Shareholders focus on profit maximization for owners,
while stakeholders aim to satisfy multiple stakeholders for long-
term survival.
◉ To whom are organizations socially responsible?
, Answer: To primary (survival) and secondary stakeholders,
including economic, legal, ethical, and discretionary responsibilities.
◉ What influences ethical decision-making?
Answer: Ethical intensity, moral development, principles of ethical
decision-making.
◉ What are the steps for creating a sustainable competitive
advantage?
Answer: Target customers, core competencies, synergy, value.
◉ What are the benefits of planning?
Answer: Intensifies effort, guides resources, provides
direction/persistence, and develops task strategies.
◉ What are the pitfalls of planning?
Answer: False security, hinders intuition/creativity/adaptation.
◉ What are the next steps after setting a goal?
Answer: Develop plans.
◉ What is a strategic plan?
Answer: A long-term/big picture plan.
PRACTICE TEST 2026 TESTED QUESTIONS
AND CORRECT ANSWERS
◉ What are common types of workplace deviance?
Answer: Production Deviance, Property Deviance (e.g. Shrinkage),
Political deviance, Personal Aggression.
◉ Does social responsibility help or hurt an organization's economic
performance?
Answer: No trade-off; it can strengthen with a strong reputation.
◉ What are best practices for brainstorming?
Answer: Deferring judgment, encouraging ideas, building on others'
ideas, prioritizing quantity over quality.
◉ What is the difference between stakeholders and shareholders?
Answer: Shareholders focus on profit maximization for owners,
while stakeholders aim to satisfy multiple stakeholders for long-
term survival.
◉ To whom are organizations socially responsible?
, Answer: To primary (survival) and secondary stakeholders,
including economic, legal, ethical, and discretionary responsibilities.
◉ What influences ethical decision-making?
Answer: Ethical intensity, moral development, principles of ethical
decision-making.
◉ What are the steps for creating a sustainable competitive
advantage?
Answer: Target customers, core competencies, synergy, value.
◉ What are the benefits of planning?
Answer: Intensifies effort, guides resources, provides
direction/persistence, and develops task strategies.
◉ What are the pitfalls of planning?
Answer: False security, hinders intuition/creativity/adaptation.
◉ What are the next steps after setting a goal?
Answer: Develop plans.
◉ What is a strategic plan?
Answer: A long-term/big picture plan.
