MGMT 3000 TEST 1- SIMOON CANNON
QUESTIONS WITH ALL CORRECT ANSWERS.
1 of 62
Term
Aliya and Samuel, managers from different departments at Finger
Lakes Financial, are discussing the troubling behavior of an
employee. Aliya says that it is the responsibility of high-level
managers to take steps to prevent legal wrongdoing by punishing
offenders. However, Samuel believes that every individual should
take personal responsibility for his or her own behavior and that
everyone needs to understand how to do the right thing.
Each of the managers tends to be responsible for creating a
different_____blank in their respective departments.
,sustainable growth
legal responsibility
organizational structure
corporate culture
ethical climate
Give this one a try later!
merging
explanation:
International licensing is an arrangement by which a licensee in another country
buys the rights to manufacture a company's product in its own country for a
negotiated fee.
ethical climate
explanation:
The ethical climate of an organization refers to the processes by which
decisions are evaluated and made on the basis of right and wrong.
mission statement.
explanation:
The mission is a clear and concise expression of the basic purpose of the
organization. It describes what the organization does, whom it does it for, its
basic good or service, and its values.
international
explanation:
In the international model, managers use their organization's existing core
capabilities to expand into foreign markets.
, Don't know?
2 of 62
Term
Yolanda is a consultant for four companies with international
operations. Each of them has selected a different global strategy.
Acme Gaskets uses its established skills in producing gaskets that it
will sell in foreign markets. Krunchers Chips produces locally
targeted snacks for which it has built specialized plants in each local
region. It customizes its snacks according to the tastes and
preferences of the local consumers. Harman Motors offers a
standardized economy automobile and has a single worldwide
corporate headquarters from which it centrally manages the entire
company's operations. Finally, Gold Medal Industries is located in
Tajikistan where wages are quite low. The company produces
machine housings that are fairly easy to manufacture and require
little employee skill. These pieces are then sent to its locations
abroad to be finished by a more skilled workforce, taking into
account the customs and benefi
Give this one a try later!
scenario development.
explanation:
Scenario development creates alternative combinations of different factors
(such as the weather and harvest of various crops) into a total picture of the
environment and the firm. It is a narrative that describes a particular set of future
conditions.
, merging
explanation:
International licensing is an arrangement by which a licensee in another country buys
the rights to manufacture a company's product in its own country for a
negotiated fee.
ethical climate
explanation:
The ethical climate of an organization refers to the processes by which decisions are
evaluated and made on the basis of right and wrong.
international
explanation:
In the international model, managers use their organization's existing core
capabilities to expand into foreign markets.
Don't know?
QUESTIONS WITH ALL CORRECT ANSWERS.
1 of 62
Term
Aliya and Samuel, managers from different departments at Finger
Lakes Financial, are discussing the troubling behavior of an
employee. Aliya says that it is the responsibility of high-level
managers to take steps to prevent legal wrongdoing by punishing
offenders. However, Samuel believes that every individual should
take personal responsibility for his or her own behavior and that
everyone needs to understand how to do the right thing.
Each of the managers tends to be responsible for creating a
different_____blank in their respective departments.
,sustainable growth
legal responsibility
organizational structure
corporate culture
ethical climate
Give this one a try later!
merging
explanation:
International licensing is an arrangement by which a licensee in another country
buys the rights to manufacture a company's product in its own country for a
negotiated fee.
ethical climate
explanation:
The ethical climate of an organization refers to the processes by which
decisions are evaluated and made on the basis of right and wrong.
mission statement.
explanation:
The mission is a clear and concise expression of the basic purpose of the
organization. It describes what the organization does, whom it does it for, its
basic good or service, and its values.
international
explanation:
In the international model, managers use their organization's existing core
capabilities to expand into foreign markets.
, Don't know?
2 of 62
Term
Yolanda is a consultant for four companies with international
operations. Each of them has selected a different global strategy.
Acme Gaskets uses its established skills in producing gaskets that it
will sell in foreign markets. Krunchers Chips produces locally
targeted snacks for which it has built specialized plants in each local
region. It customizes its snacks according to the tastes and
preferences of the local consumers. Harman Motors offers a
standardized economy automobile and has a single worldwide
corporate headquarters from which it centrally manages the entire
company's operations. Finally, Gold Medal Industries is located in
Tajikistan where wages are quite low. The company produces
machine housings that are fairly easy to manufacture and require
little employee skill. These pieces are then sent to its locations
abroad to be finished by a more skilled workforce, taking into
account the customs and benefi
Give this one a try later!
scenario development.
explanation:
Scenario development creates alternative combinations of different factors
(such as the weather and harvest of various crops) into a total picture of the
environment and the firm. It is a narrative that describes a particular set of future
conditions.
, merging
explanation:
International licensing is an arrangement by which a licensee in another country buys
the rights to manufacture a company's product in its own country for a
negotiated fee.
ethical climate
explanation:
The ethical climate of an organization refers to the processes by which decisions are
evaluated and made on the basis of right and wrong.
international
explanation:
In the international model, managers use their organization's existing core
capabilities to expand into foreign markets.
Don't know?
