m m m m m m m m m m
titive World 12th Edition Bateman
m m m m
Chapter 02 T m m
he External and Internal Environments
m m m m
Truem/mFalsemQuestions
1. Organizations maremopenmsystems mthat maf f ect mand maremaf f ected mby mtheirmexternalmenvironments.
True False
2. Rawmmaterials maremanmexamplemof minputs.
True False
3. Whenminvestors mbid mup mstock mprices, mcompanies mhavemless mcapitalmto mf uelmtheirmstrategies.
True False
4. Ammoremdiversemworkf orcempresents mmanagers mwithmchallenges mas mwellmas mopportunities.
True False
5. According mto mMichaelmPorter's mmodel, mthemcompetitivemenvironment mincludes mrivalry mamong mcurr
ent mcompetitors mand mthemimpact mofmnewmentrants, msubstitutemand mcomplementary mproducts, msup
pliers, mand mcustomers.
True False
6. Organizations maremat manmadvantagemif mthey mdepend monmamsinglempowerf ulmsuppliermbecausem
suchmdependency mensures mconsistency.
True False
2-1
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HillmEducation. mAllmrights mreserved. mNo mreproduction mor mdistribution mwithoutmthemprior mwritten mconsentmof m McGraw-
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,DOWNLOAD THE Test Bank for Management Leading and Collaborating in Compe
m m m m m m m m m m
titive World 12th Edition Bateman
m m m m
7. Environmentalmuncertainty mref ers mto mthemlack mof minformationmneeded mtomunderstand mormpredict
m themf uture.
True False
8. Enrico mhas mused menvironmentalmscanning mto mgatherminf ormationmthat mwillmhelp mhimmmake
m his mcompany mmoremcompetitive. mThis mis manmexamplemof mcognitivemintelligence.
True False
9. April, mammanagerminmamcallmcenter, mencourages mhermemployees mto msolvemcustomers' mprobl
ems mwithout mhermapprovalmof mthemparticularmsituation. mInmthis mcase, mAprilmis mtrying mtomemp
owermhermemployees.
True False
10. Amstrong morganizationmculturemis moneminmwhichmlower-
levelmemployees mdo mnot mconcernmthemselves mwithmthemfirm's mgoals,mpriorities, mand mpractices mb
ecausemmanagement mdeals mwithmthosemissues.
True False
Multiplem Choicem Questions
11. What mtermmis mused mto mdescribemallmthemrelevant mf orces moutsidemanmorganization's mboundaries?
A. Environmentalm scanning
B. Competitivemintelligence
C. Externalmenvironment
D. Competitivemenvironment
E. Organizationalmclimate
2-2
Copyrightm©m2017 mMcGraw-
HillmEducation. mAllmrights mreserved. mNo mreproduction mor mdistribution mwithoutmthemprior mwritten mconsentmof m McGraw-
HillmEducation.
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,DOWNLOAD THE Test Bank for Management Leading and Collaborating in Compe
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titive World 12th Edition Bateman
m m m m
12. Amf irm's m
includes mits mrivals, msuppliers, mcustomers, mnewmentrants, msubstitutes, ma
nd mcomplementary mproducts.
A. environmentalmscanning
B. competitivemintelligence
C. externalmenvironment
D. competitivemenvironment
E. organizationalmclimate
13. Stylin' mFootwearmbuys mleathermand mlessermquantities mof mcork,melastic,mmetalmbuckles, mand mo
thermmaterials mto mmanuf acturemshoes. mWhichmof mthemf ollowing mis mStylin'smFootwear's moutpu
t?
A. Leather
B. Cork
C. Elastic
D. Buckles
E. Shoes
14. Althoughmamtop mexecutivemteammmay mhavemuniquem
strengths mand mideas mabout mits mgoals, mit mmust mconsiderm
f actors mbef oremtaking maction.
A. external; minternal
B. internal; mexternal
C. traditional; munconventional
D. unconventional; m traditional
E. past; mf uture
2-3
Copyrightm©m2017 mMcGraw-
HillmEducation. mAllmrights mreserved. mNo mreproduction mor mdistribution mwithoutmthemprior mwritten mconsentmof m McGraw-
HillmEducation.
mynursytest.store
, DOWNLOAD THE Test Bank for Management Leading and Collaborating in Compe
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titive World 12th Edition Bateman
m m m m
15. Whichmof mthemf ollowing mstatements mabout mthemimpact mof mthemstock mmarket mis mtrue?
A. Themstock mmarket mhas mlittlemef f ect monmthemamount mof mcapitalmamcompany mhas.
B. If mamcompany mexceeds mits mperf ormancemexpectations, mits mstock mpricemwillmof tenmdrop.
C. Publicly mheld mcompanies maremmoreminsulated mfrommthemstock mmarket mthanmprivately m
held mcompanies.
D. Themstock mmarket mmay mhavemamprof ound mef f ect monmthembehaviormof mindividualmmanagers.
E. Stock mmarket mf luctuations mhavemlittlemef f ect monmthemcompensationmof mmanagers.
16. Amf ailuremto mdevelop mamstrategy mthat mincorporates m may mdoommamf irmmto mobsolescence.
A. hierarchicalmbureaucracy
B. many mlayers mof mmiddlemmanagement
C. classic mproductionmmethods
D. technologicalm advances
E. closed mcommunicationmsystems
17. Whichmof mthemf ollowing mis mamU.S. mgovernment mpolicymormactionmthat mis mmost mlikely mto mprovi
demanmopportunity mf ormbusinesses?
A. deductions minmthemtax mcode
B. f ines monmheavy mpolluters
C. laws magainst mbribing mof f icials
D. court mrulings magainst mmonopolies
E. f ailuremto mrulemamnewmproduct mas msaf e
2-4
Copyrightm©m2017 mMcGraw-
HillmEducation. mAllmrights mreserved. mNo mreproduction mor mdistribution mwithoutmthemprior mwritten mconsentmof m McGraw-
HillmEducation.
mynursytest.store