BUS 1101 - Practice Exam Questions with Correct Answers Latest Update 2025/2026
Researchers did not find a relationship between organizational cultures and company
performance with respect to the following indicators
Select one:
a. Stock conditions
b. Revenues
c. Sales volume
d. Market share - Answers a. Stock conditions
When a company has a diverse product line, each product will have unique demands, deeming
divisional structures more useful.
Select one:
True
False - Answers True
Strategic management process is the coordinated means by which an organization chooses its
mission and vision.
Select one:
True
False - Answers False
People, in societies where assertiveness is low:
Select one:
a. Prefer harmony in relationships
b. Want to be rewarded for the best ideas
c. Are encouraged to compete among themselves
d. Take risks more often - Answers a. Prefer harmony in relationships
Goals and objectives provide a form of control since they create a feedback opportunity
regarding how well or how poorly the organization is executing its strategy.
Select one:
, True
False - Answers True
One-on-one communication in a virtual organization is preferable because it keeps everyone up
to speed and promotes learning across the organization.
Select one:
True
False - Answers False
Conscientiousness is the one personality trait that uniformly predicts:
Select one:
a. How highly adaptable to change a person is
b. How highly motivated a person is to learn a new skill
c. How highly detailed a person will be
d. How highly performance oriented a person will be - Answers d. How highly performance
oriented a person will be
Effective controlling requires the existence of plans,
Select one:
a. since planning provides the necessary performance standards or objectives.
b. since understanding the mission of the organization requires strategic plan.
c. since control techniques are budget and performance audits.
d. since managers must show compliance with company policies. - Answers a. since planning
provides the necessary performance standards or objectives.
It is important to note that the concept of strategy is relevant to only large, public companies
like GE.
Select one:
True
False - Answers False
Research indicates that flat organizations provide greater need satisfaction for employees, and
Researchers did not find a relationship between organizational cultures and company
performance with respect to the following indicators
Select one:
a. Stock conditions
b. Revenues
c. Sales volume
d. Market share - Answers a. Stock conditions
When a company has a diverse product line, each product will have unique demands, deeming
divisional structures more useful.
Select one:
True
False - Answers True
Strategic management process is the coordinated means by which an organization chooses its
mission and vision.
Select one:
True
False - Answers False
People, in societies where assertiveness is low:
Select one:
a. Prefer harmony in relationships
b. Want to be rewarded for the best ideas
c. Are encouraged to compete among themselves
d. Take risks more often - Answers a. Prefer harmony in relationships
Goals and objectives provide a form of control since they create a feedback opportunity
regarding how well or how poorly the organization is executing its strategy.
Select one:
, True
False - Answers True
One-on-one communication in a virtual organization is preferable because it keeps everyone up
to speed and promotes learning across the organization.
Select one:
True
False - Answers False
Conscientiousness is the one personality trait that uniformly predicts:
Select one:
a. How highly adaptable to change a person is
b. How highly motivated a person is to learn a new skill
c. How highly detailed a person will be
d. How highly performance oriented a person will be - Answers d. How highly performance
oriented a person will be
Effective controlling requires the existence of plans,
Select one:
a. since planning provides the necessary performance standards or objectives.
b. since understanding the mission of the organization requires strategic plan.
c. since control techniques are budget and performance audits.
d. since managers must show compliance with company policies. - Answers a. since planning
provides the necessary performance standards or objectives.
It is important to note that the concept of strategy is relevant to only large, public companies
like GE.
Select one:
True
False - Answers False
Research indicates that flat organizations provide greater need satisfaction for employees, and
