MGT301 Midterm
Question 1 (4 points) Saved
Supporters of socially responsible businesses claim that by becoming socially
responsible, businesses can expect
o less government regulation
_ more government regulation
) more strict enforcement of laws
' more government interference
Question 2 (4 points) Saved
A global corporation
e centralizes management in a single home country
~ decentralizes management so that each local country's operation is managed
~ locally
~ ) decentralizes management so there is no single home location
) has two main management locations located on different sides of the globe
Question 3 (4 points) Saved
Once SWOT analysis is complete, managers to address the issues that came
up during the analysis.
0 ' formulate strategies
implement strategies
) evaluate strategies
) eliminate strategies
Question 4 (4 points) Saved
A company whose goal is to retain its ideal size and market share is employing which
kind of strategy?
non-corporate
growth
renewal
e stability
Question 5 (4 points) Saved
SWOT analysis combines
a company's mission with its goals
e external and internal analyses
a company's philosophy with its ethics
profit with productivity
Question 6 (4 points) Saved
To gain a sustainable competitive advantage, a pharmaceutical company might
market aggressively
set high prices for its products
@ secure exclusive rights to produce a drug
produce as many generic drugs as possible
, Question 7 (4 points) Saved
Which choice constitutes the typical first step for an organization that is "going
global"?
(@) outsourcing
() franchising
licensing
) strategic alliance
Question 8 (4 points) ' Saved
Which of the following types of managers is responsible for making organization-wide
decisions and establishing the plans and goals that affect the entire organization?
() team leader
(@) top manager
| department head
| project leader
Question 9 (4 points) Saved
Structured problems typically have while unstructured problems typically
have _
(@) only one solution; many solutions
) many solutions; one solution
) many solutions; fewer solutions
_ two solutions; three solutions
Question 10 (4 points) Saved
Another term for efficiency is
doing the right things
(®) doing things right
making sure things get done
) doing things at the right time
Question 11 (4 points) Saved
Informal planning is
always performed at the lowest organizational level
(@) general and usually lacks continuity
performed exclusively by middle managers
more specific than formal planning
Question 12 (4 points) Saved
In most cases, organizations that have managers who behave ethically tend to have
~ ) more productive employees
(@) more ethical employees
) less ethical employees
employees who are no more or less ethical than average
Question 1 (4 points) Saved
Supporters of socially responsible businesses claim that by becoming socially
responsible, businesses can expect
o less government regulation
_ more government regulation
) more strict enforcement of laws
' more government interference
Question 2 (4 points) Saved
A global corporation
e centralizes management in a single home country
~ decentralizes management so that each local country's operation is managed
~ locally
~ ) decentralizes management so there is no single home location
) has two main management locations located on different sides of the globe
Question 3 (4 points) Saved
Once SWOT analysis is complete, managers to address the issues that came
up during the analysis.
0 ' formulate strategies
implement strategies
) evaluate strategies
) eliminate strategies
Question 4 (4 points) Saved
A company whose goal is to retain its ideal size and market share is employing which
kind of strategy?
non-corporate
growth
renewal
e stability
Question 5 (4 points) Saved
SWOT analysis combines
a company's mission with its goals
e external and internal analyses
a company's philosophy with its ethics
profit with productivity
Question 6 (4 points) Saved
To gain a sustainable competitive advantage, a pharmaceutical company might
market aggressively
set high prices for its products
@ secure exclusive rights to produce a drug
produce as many generic drugs as possible
, Question 7 (4 points) Saved
Which choice constitutes the typical first step for an organization that is "going
global"?
(@) outsourcing
() franchising
licensing
) strategic alliance
Question 8 (4 points) ' Saved
Which of the following types of managers is responsible for making organization-wide
decisions and establishing the plans and goals that affect the entire organization?
() team leader
(@) top manager
| department head
| project leader
Question 9 (4 points) Saved
Structured problems typically have while unstructured problems typically
have _
(@) only one solution; many solutions
) many solutions; one solution
) many solutions; fewer solutions
_ two solutions; three solutions
Question 10 (4 points) Saved
Another term for efficiency is
doing the right things
(®) doing things right
making sure things get done
) doing things at the right time
Question 11 (4 points) Saved
Informal planning is
always performed at the lowest organizational level
(@) general and usually lacks continuity
performed exclusively by middle managers
more specific than formal planning
Question 12 (4 points) Saved
In most cases, organizations that have managers who behave ethically tend to have
~ ) more productive employees
(@) more ethical employees
) less ethical employees
employees who are no more or less ethical than average
