MNG quizzes Study Guide Exam With 100% Correct Answers.

Which of the following is among the characteristics of organizations? - Goal driven - Constructed as formal structures - - Consisting of interdependent activities - All of the above - correct answer - All of the above Strategy is coordinated and integrated set of decisions and commitments designed to enable the organization achieve its goals through the creation and maintenance of environmental alignment and competitive advantage. - true -false - correct answer true Which of the following is among the parts of the external environment of organizations? General environment Stakeholder environment Markets All of the above - correct answer All of the above Open systems theory contends that the behavior of a system (object of interest) is best understood when attention is give to the relations between its parts that comprise a whole and its relationship with its environment. True/false - correct answer true Which of the following best refers to the broad macro-societal forces and trends? The stakeholder environment The industry environment The general environment None of the above - correct answer The general environment The value chain model depicts the business organization as a collection of activities that are performed to create, deliver, and support its products. True/false - correct answer true Which of the following terms best refers to creating favorable relationships between the organization and the various elements of its environment through exploiting opportunities and avoiding threats? Competitive advantage Environmental alignment Internal integration Organizational structure - correct answer Environmental alignment Which of the following best refers to the notion that goals are achieved through plans, which are executed by means of the fulfillment of sub-goals? Environmental alignment Organizational structure Strategy Ends-means-ends chain - correct answer Ends-means-ends chain Industry encompasses the set of actual and potential buyers of a product or service. true/false - correct answer false Which of the following is among the primary activities of the value chain model? Human resource management Technology development marketing and sales None of the above - correct answer marketing and sales Which of the following is among the characteristics of effective teams? Trust Commitment Accountability All of the above - correct answer All of the above Strengths are factors that directly or indirectly enhance the organization's competitiveness and/or increase its ability to achieve its goals. True/false - correct answer true At which of the following stages of team lifecylce does the group reach an agreement on the rules governing group behavior? Norming Storming Forming None of the above - correct answer Norming Which of the following models is used in internal environment analysis? The value chain model The resource-based view of the firm Both A & B None of the above - correct answer Both A & B Often times having multiple/different theories explaining the same phenomenon is due to that the theories explain different aspects of the phenomenon. True False - correct answer true Whihc of the following best describes the process of differentiating, comparing, contrasting elements of a system? Evaluation Analysis Application None of the above - correct answer Analysis Process knowledge refers to the knowledge of how a system works. True False - correct answer true "Mapping" of a theoretical construct onto an observable fact is best described as: Analysis Evaluation Application Creation - correct answer Application Theory is general and explanation oriented, while practice is specific and solution oriented. Selected Answer: True False - correct answer true Internal environment analysis is concerned with identifying opportunities and threats. Selected Answer: True False - correct answer False Assessment of environmental conditions (opportunities & threats) is used in the input stage of strategy formulation. true