1) A deliberately planned network or pattern of relationships among individuals in
various roles or positions is a/an:
a. organizational structure
b. organizational strategy
c. open system
d. closed system
Answer: a
Diff: 1
Type: MC
Page Reference: 7
Skill: recall
Objective: Chapter 1- LO1
2) The distribution or grouping of work is often referred to as the organization’s”
a. management philosophy
b. structure
c. strategy
d. labour design
Answer: b
Diff: 1
Type: MC
Page Reference: 7
Skill: recall
Objective: Chapter 1- LO1
3) The challenges inside an organization involve all of the following except:
a. strategy
b. leadership
c. customers
d. employees
Answer: c
Diff: 1
Type: MC
Test Bank for Karakowsky and Guriel, The Context of Business, 1e
Copyright © 2015 Pearson Canada Inc. 1
,Page Reference: 6
Skill: recall
Objective: Chapter 1- LO1
4) Challenges evolving outside an organization involve all of the following except:
a. downsizing the workforce due to a recession
b. complying with a new safety regulation
c. updating a computer system due to a new software upgrade
d. training new employees on company policy
Answer: d
Diff: 1
Type: MC
Page Reference: 9
Skill: recall
Objective: Chapter 1- LO2
5) Inside an organization, executives must manage all of the following but not:
a. workers
b. strategy
c. structure
d. consumers
Answer: d
Diff: 2
Type: MC
Page Reference: 6
Skill: recall
Objective: Chapter 1- LO1
6) A global recession is a factor that can affect all organizations in all industries and
therefore falls under the organization’s:
a. general environment
b. specific environment
c. task environment
d. political environment
Test Bank for Karakowsky and Guriel, The Context of Business, 1e
Copyright © 2015 Pearson Canada Inc. 2
,Answer: a
Diff: 2
Type: MC
Page Reference: 9
Skill: recall
Objective: Chapter 1- LO2
7) A rise in the price of an input in the automotive industry likely falls under the Ford
Motor Company’s:
a. internal environment
b. general environment
c. task environment
d. global environment
Answer: c
Diff: 2
Type: MC
Page Reference: 8-9
Skill: recall
Objective: Chapter 1- LO2
8) An external stakeholder can be all of the following except:
a. customer
b. unionized employee
c. a service company hired to repair equipment
d. competitor
Answer: b
Diff: 3
Type: MC
Page Reference: 8-9
Skill: recall
Objective: Chapter 1- LO2
9) A private accounting firm performing an audit on a company’s financial statements and
internal controls is a/an:
Test Bank for Karakowsky and Guriel, The Context of Business, 1e
Copyright © 2015 Pearson Canada Inc. 3
, a. internal stakeholder
b. external stakeholder
c. government department
d. international vendor
Answer: b
Diff: 2
Type: MC
Page Reference: 8-9
Skill: applied
Objective: Chapter 1- LO2
10) An increase in part-time and temporary work arrangements, as a result of company
downsizings, is most likely the result of influences by the:
a. political force
b. societal force
c. economic force
d. technological force
Answer: c
Diff: 2
Type: MC
Page Reference: 17
Skill: applied
Objective: Chapter 1- LO2
11) Canadian Tire increasing its advertising in response to Rona’s marketing strategy is
an example of the general environment’s:
a. marketing force
b. competitive force
c. global force
d. societal force
Answer: b
Diff: 1
Type: MC
Test Bank for Karakowsky and Guriel, The Context of Business, 1e
Copyright © 2015 Pearson Canada Inc. 4
various roles or positions is a/an:
a. organizational structure
b. organizational strategy
c. open system
d. closed system
Answer: a
Diff: 1
Type: MC
Page Reference: 7
Skill: recall
Objective: Chapter 1- LO1
2) The distribution or grouping of work is often referred to as the organization’s”
a. management philosophy
b. structure
c. strategy
d. labour design
Answer: b
Diff: 1
Type: MC
Page Reference: 7
Skill: recall
Objective: Chapter 1- LO1
3) The challenges inside an organization involve all of the following except:
a. strategy
b. leadership
c. customers
d. employees
Answer: c
Diff: 1
Type: MC
Test Bank for Karakowsky and Guriel, The Context of Business, 1e
Copyright © 2015 Pearson Canada Inc. 1
,Page Reference: 6
Skill: recall
Objective: Chapter 1- LO1
4) Challenges evolving outside an organization involve all of the following except:
a. downsizing the workforce due to a recession
b. complying with a new safety regulation
c. updating a computer system due to a new software upgrade
d. training new employees on company policy
Answer: d
Diff: 1
Type: MC
Page Reference: 9
Skill: recall
Objective: Chapter 1- LO2
5) Inside an organization, executives must manage all of the following but not:
a. workers
b. strategy
c. structure
d. consumers
Answer: d
Diff: 2
Type: MC
Page Reference: 6
Skill: recall
Objective: Chapter 1- LO1
6) A global recession is a factor that can affect all organizations in all industries and
therefore falls under the organization’s:
a. general environment
b. specific environment
c. task environment
d. political environment
Test Bank for Karakowsky and Guriel, The Context of Business, 1e
Copyright © 2015 Pearson Canada Inc. 2
,Answer: a
Diff: 2
Type: MC
Page Reference: 9
Skill: recall
Objective: Chapter 1- LO2
7) A rise in the price of an input in the automotive industry likely falls under the Ford
Motor Company’s:
a. internal environment
b. general environment
c. task environment
d. global environment
Answer: c
Diff: 2
Type: MC
Page Reference: 8-9
Skill: recall
Objective: Chapter 1- LO2
8) An external stakeholder can be all of the following except:
a. customer
b. unionized employee
c. a service company hired to repair equipment
d. competitor
Answer: b
Diff: 3
Type: MC
Page Reference: 8-9
Skill: recall
Objective: Chapter 1- LO2
9) A private accounting firm performing an audit on a company’s financial statements and
internal controls is a/an:
Test Bank for Karakowsky and Guriel, The Context of Business, 1e
Copyright © 2015 Pearson Canada Inc. 3
, a. internal stakeholder
b. external stakeholder
c. government department
d. international vendor
Answer: b
Diff: 2
Type: MC
Page Reference: 8-9
Skill: applied
Objective: Chapter 1- LO2
10) An increase in part-time and temporary work arrangements, as a result of company
downsizings, is most likely the result of influences by the:
a. political force
b. societal force
c. economic force
d. technological force
Answer: c
Diff: 2
Type: MC
Page Reference: 17
Skill: applied
Objective: Chapter 1- LO2
11) Canadian Tire increasing its advertising in response to Rona’s marketing strategy is
an example of the general environment’s:
a. marketing force
b. competitive force
c. global force
d. societal force
Answer: b
Diff: 1
Type: MC
Test Bank for Karakowsky and Guriel, The Context of Business, 1e
Copyright © 2015 Pearson Canada Inc. 4