MBA-600-I03: Management Module Exam Questions
And Accurate Answers
Goals that are so big, inspiring, and outside the prevailing paradigm that they hit people
in the gut and shift their thinking are called _______ goals.
A. aspirational
B. big hairy audacious
C. visionary
D. stretch
E. motivational - ANSWER B. big hairy audacious
Fred has been asked to conduct a SWOT analysis for his organization, Acme, INC. As
part of this agree meant, Fred will not be most likely to ________.
A. conduct an external wage survey
B. identify his firm's strength and weaknesses
C. choose a grand strategy for his firm
D. do a cost-benefit analysis
E. develop a mission - ANSWER B. identify his firm's strength and weaknesses
Consolidated Business Group holds a diverse portfolio of business interests including
several cash cows. What does having cash cows mean for Consolidated's strategies?
A. Consolidated will likely be harmed should there be unstable financial conditions
B. Consolidated is likely to experience cash shortfalls in the near future
C. Consolidated needs to divest itself of the cows and sell off their assets
D. Consolidated can afford to invest in riskier businesses
E. Consolidated is likely to grow rapidly as the cows' markets expand - ANSWER D.
Consolidated can afford to invest in riskier businesses
,The strategy of moving into new lines of business is called _______.
A. individuation
B. differentiation
C. acquisition
D. expansion
E. diversification - ANSWER E. diversification
To develop __________ plans, managers identify important factors in the environment,
such as possible economic downturns, declining markets, increases in cost of supplies,
new technological developments, or safety accidents.
A. emergency
B. risk
C. scenario
D. contingency
E. obsolescence - ANSWER D. contingency
In building __________, managers look at current trends and discontinuities and visualize
future possibilities.
A. emergency plans
B. risk abatements
, C. scenarios
D. contingencies
E. vision plans - ANSWER C. scenarios
Of the management functions, which is considered the most fundamental?
A. executing
B. analyzing
C. controlling
D. planning
E. leading - ANSWER D. planning
Meadow Branch Corporation leadership believes that when managers pursue their
activities in the right way, positive outcomes will result. Their approach is best
described as management by _________.
A. indicator
B. objectives
C. means
And Accurate Answers
Goals that are so big, inspiring, and outside the prevailing paradigm that they hit people
in the gut and shift their thinking are called _______ goals.
A. aspirational
B. big hairy audacious
C. visionary
D. stretch
E. motivational - ANSWER B. big hairy audacious
Fred has been asked to conduct a SWOT analysis for his organization, Acme, INC. As
part of this agree meant, Fred will not be most likely to ________.
A. conduct an external wage survey
B. identify his firm's strength and weaknesses
C. choose a grand strategy for his firm
D. do a cost-benefit analysis
E. develop a mission - ANSWER B. identify his firm's strength and weaknesses
Consolidated Business Group holds a diverse portfolio of business interests including
several cash cows. What does having cash cows mean for Consolidated's strategies?
A. Consolidated will likely be harmed should there be unstable financial conditions
B. Consolidated is likely to experience cash shortfalls in the near future
C. Consolidated needs to divest itself of the cows and sell off their assets
D. Consolidated can afford to invest in riskier businesses
E. Consolidated is likely to grow rapidly as the cows' markets expand - ANSWER D.
Consolidated can afford to invest in riskier businesses
,The strategy of moving into new lines of business is called _______.
A. individuation
B. differentiation
C. acquisition
D. expansion
E. diversification - ANSWER E. diversification
To develop __________ plans, managers identify important factors in the environment,
such as possible economic downturns, declining markets, increases in cost of supplies,
new technological developments, or safety accidents.
A. emergency
B. risk
C. scenario
D. contingency
E. obsolescence - ANSWER D. contingency
In building __________, managers look at current trends and discontinuities and visualize
future possibilities.
A. emergency plans
B. risk abatements
, C. scenarios
D. contingencies
E. vision plans - ANSWER C. scenarios
Of the management functions, which is considered the most fundamental?
A. executing
B. analyzing
C. controlling
D. planning
E. leading - ANSWER D. planning
Meadow Branch Corporation leadership believes that when managers pursue their
activities in the right way, positive outcomes will result. Their approach is best
described as management by _________.
A. indicator
B. objectives
C. means
