ADMN 232 MIDTERM EXAM WITH CORRECT ANSWERS
Management cc- ccCORRECT ccANS✔✔getting ccwork ccdone ccthrough ccothers
Efficiency cc- ccCORRECT ccANS✔✔getting ccwork ccdone ccwith cca ccminimum ccof cceffort, ccexpense, ccor ccwaste
Effectiveness cc- ccCORRECT ccANS✔✔accomplishing cctasks ccthat cchelp ccfulfill ccorganizational ccobjectives
Four ccManagement ccFunctions cc- ccCORRECT ccANS✔✔planning, ccorganizing, ccleading, cccontrolling
Planning cc- ccCORRECT ccANS✔✔determining ccorganizational ccgoals ccand cca ccmeans ccfor ccachieving ccthem
Organizing cc- ccCORRECT ccANS✔✔deciding ccwhere ccdecisions ccwill ccbe ccmade, ccwho ccwill ccdo ccwhat ccjobs ccand cctasks, ccand
ccwho ccwill ccwork ccfor ccwhom
Leading cc- ccCORRECT ccANS✔✔inspiring ccand ccmotivating ccworkers ccto ccwork cchard ccto ccachieve ccorganizational ccgoals
Controlling cc- ccCORRECT ccANS✔✔monitoring ccprogress cctoward ccgoal ccachievement ccand cctaking cccorrective ccaction ccwhen
ccneeded
Four ccKinds ccof ccManagers cc- ccCORRECT ccANS✔✔top ccmanagers, ccmiddle ccmanagers, ccfirst-line ccmanagers, ccteam ccleaders
Top ccManagers cc- ccCORRECT ccANS✔✔executives ccresponsible ccfor ccthe ccoverall ccdirection ccof ccthe ccorganization
Middle ccManagers cc- ccCORRECT ccANS✔✔responsible ccfor ccsetting ccobjectives ccconsistent ccwith cctop ccmanagement's ccgoals
ccand ccfor ccplanning ccand ccimplementing ccsubunit ccstrategies ccfor ccachieving ccthese ccobjectives
First-line ccManagers cc- ccCORRECT ccANS✔✔responsible ccfor cctraining ccand ccsupervising ccthe ccperformance ccof
ccnonmanagerial ccemployees ccwho ccare ccdirectly ccresponsible ccfor ccproducing ccthe cccompany's ccproducts ccor ccservices
Team ccLeaders cc- ccCORRECT ccANS✔✔managers ccresponsible ccfor ccfacilitating ccteam ccactivities cctoward ccgoal
ccaccomplishment
Managerial ccRoles cc- ccCORRECT ccANS✔✔interpersonal, ccinformational, ccdecisional
Interpersonal cc- ccCORRECT ccANS✔✔figurehead, ccleader, ccliaison
Informational cc- ccCORRECT ccANS✔✔monitor, ccdisseminator, ccspokesperson
Decisional cc- ccCORRECT ccANS✔✔entrepreneur, ccdisturbance cchandler, ccresource ccallocator, ccnegotiator
Managerial ccSkills cc- ccCORRECT ccANS✔✔conceptual, cchuman, cctechnical
Conceptual ccSkills cc- ccCORRECT ccANS✔✔Understand ccas cca ccwhole
Human ccSkills cc- ccCORRECT ccANS✔✔the ccability ccto ccwork ccwell ccwith ccothers
Technical ccSkills cc- ccCORRECT ccANS✔✔the ccability ccto ccperform ccspecial ccprocedures, cctechniques, ccand ccknowledge
Scientific ccManagement cc- ccCORRECT ccANS✔✔thoroughly ccstudying ccand cctesting ccdifferent ccwork ccmethods ccto ccidentify ccthe
ccbest, ccmost ccefficient ccway ccto cccomplete cca ccjob
Soldiering cc- ccCORRECT ccANS✔✔when ccworkers ccdeliberately ccslow cctheir ccpace ccor ccrestrict cctheir ccwork ccoutput
Motion ccStudy cc- ccCORRECT ccANS✔✔breaking cceach cctask ccor ccjob ccinto ccits ccseparate ccmotions ccand ccthen cceliminating
ccthose ccthat ccare ccunnecessary ccor ccrepetitive
Time ccStudy cc- ccCORRECT ccANS✔✔timing cchow cclong ccit cctakes ccgood ccworkers ccto cccomplete cceach ccpart ccof cctheir ccjobs
, Gannt ccChart cc- ccCORRECT ccANS✔✔a ccgraphic ccchart ccthat ccshows ccwhich cctasks ccmust ccbe cccompleted ccat ccwhich cctimes
ccin ccorder ccto cccomplete cca ccproject ccor cctask
Bureaucracy cc- ccCORRECT ccANS✔✔the ccexercise ccof cccontrol ccbased ccon ccknowledge, ccexpertise, ccor ccexperience
Organization cc- ccCORRECT ccANS✔✔a ccsystem ccof ccconsciously cccoordinated ccactivities ccor ccforces ccof cctwo ccor ccmore
ccpeople
System cc- ccCORRECT ccANS✔✔a ccset ccof ccinterrelated ccelements ccor ccparts ccthat ccfunction ccas cca ccwhole
Subsystems cc- ccCORRECT ccANS✔✔smaller ccsystems ccthat ccoperate ccwithin ccthe cccontext ccof cca cclarger ccsystem
Synergy cc- ccCORRECT ccANS✔✔two ccor ccmore ccsubsystems ccworking cctogether ccto ccproduce ccmore ccthan ccthe ccsum ccof
cctheir ccparts
Closed ccSystem cc- ccCORRECT ccANS✔✔systems ccthat cccan ccsustain ccthemselves ccwithout ccinteracting ccwith cctheir
ccenvironments
Open ccSystem cc- ccCORRECT ccANS✔✔systems ccthat cccan ccsustain ccthemselves cconly ccby ccinteracting ccwith cctheir
ccenvironment, ccon ccwhich ccthey ccdepend ccfor cctheir ccsurvival.
Contingency ccApproach cc- ccCORRECT ccANS✔✔no ccuniversal ccmanagement cctheory, ccmost cceffective ccdepends ccon ccthe
ccsituation
Global ccBusiness cc- ccCORRECT ccANS✔✔the ccbuying ccand ccselling ccof ccgoods ccand ccservices ccby ccpeople ccfrom ccdifferent
cccountries
Multinational ccCorporation cc- ccCORRECT ccANS✔✔a cccorporation ccthat ccowns ccbusinesses ccin cctwo ccor ccmore cccountries
Foreign ccDirect ccInvestments cc- ccCORRECT ccANS✔✔a cccompany ccbuilds cca ccnew ccor ccbuys ccan ccexisting ccbusiness ccin cca
ccforeign cccountry
Trade ccBarriers cc- ccCORRECT ccANS✔✔government-imposed ccregulations ccthat ccincrease ccthe cccost ccand ccrestrict ccthe
ccnumber ccof ccimported ccgoods
Protectionism cc- ccCORRECT ccANS✔✔a ccgovernment's ccuse ccof cctrade ccbarriers ccto ccshield ccdomestic cccompanies ccand cctheir
ccworkers ccfrom ccforeign cccompetition
Tariff cc- ccCORRECT ccANS✔✔a ccdirect cctax ccon ccimported ccgoods
Nontariff ccbarriers cc- ccCORRECT ccANS✔✔nontax ccmethods ccof ccincreasing ccthe cccost ccor ccreducing ccthe ccvolume ccof
ccimported ccgoods
Quotas cc- ccCORRECT ccANS✔✔limits ccon ccthe ccamount ccof cca ccproduct ccthat cccan ccbe ccimported
Voluntary ccExport ccRestraint cc(VER) cc- ccCORRECT ccANS✔✔A ccquota ccon cctrade ccimposed ccfrom ccthe ccexporting cccountry's
ccside, ccinstead ccof ccthe ccimporter's; ccusually ccimposed ccat ccthe ccrequest ccof ccthe ccimporting cccountry's ccgovernment.
Government ccImport ccStandard cc- ccCORRECT ccANS✔✔established ccto ccprotect ccthe cchealth ccand ccsafety ccof cccitizens ccbut ccis
ccused ccto ccrestrict ccimport
Government ccSubsidies cc- ccCORRECT ccANS✔✔loans, ccgrants, ccinvestments ccand cctax ccdeferments ccgiven ccto ccdomestic
cccompanies ccto ccprotect ccfrom ccforeign cccompanies
Customs ccvaluation/classification cc- ccCORRECT ccANS✔✔Classification ccassigned ccto ccimported ccproducts ccby ccgovernment
ccofficials ccthat ccaffects ccthe ccsize ccof cca cctariff ccand ccthe ccimposition ccof ccimport ccgoods
General ccAgreement ccon ccTariffs ccand ccTrade cc(GATT) cc- ccCORRECT ccANS✔✔a ccworldwide cctrade ccagreement ccthat
ccreduced ccand cceliminated cctariffs, cclimited ccgovernment ccsubsidies, ccand ccestablished ccprotections ccfor ccintellectual ccproperty
World ccTrade ccOrganization cc(WTO) cc- ccCORRECT ccANS✔✔the ccsuccessor ccto ccGATT; ccthe cconly ccinternational ccorganization
ccdealing ccwith ccthe ccglobal ccrules ccof cctrade ccbetween ccnations; ccits ccmain ccfunction ccis ccto ccensure ccthat cctrade ccflows ccas
ccsmoothly, ccpredictably, ccand ccfreely ccas ccpossible
Regional ccTrading ccZones cc- ccCORRECT ccANS✔✔areas ccin ccwhich cctariff ccand ccnontariff ccbarriers ccon cctrade ccbetween
cccountries ccare ccreduced ccor cceliminated
Global ccConsistency cc- ccCORRECT ccANS✔✔Multinational cccompany ccconducting ccbusiness ccin ccdifferent cccountries ccusing
ccthe ccsame ccrules, ccguidelines, ccpolicies, ccand ccprocedures
Local ccAdaptation cc- ccCORRECT ccANS✔✔-multinational cccompany ccmodifies ccits ccrules, ccguidelines, ccpolicies ccand
ccprocedures ccto ccadapt ccto ccdifferences ccin ccforeign cccustomers, ccgovernments, ccand ccregulatory ccagencies
Forms ccof ccGlobal ccBusiness cc- ccCORRECT ccANS✔✔Exporting
Management cc- ccCORRECT ccANS✔✔getting ccwork ccdone ccthrough ccothers
Efficiency cc- ccCORRECT ccANS✔✔getting ccwork ccdone ccwith cca ccminimum ccof cceffort, ccexpense, ccor ccwaste
Effectiveness cc- ccCORRECT ccANS✔✔accomplishing cctasks ccthat cchelp ccfulfill ccorganizational ccobjectives
Four ccManagement ccFunctions cc- ccCORRECT ccANS✔✔planning, ccorganizing, ccleading, cccontrolling
Planning cc- ccCORRECT ccANS✔✔determining ccorganizational ccgoals ccand cca ccmeans ccfor ccachieving ccthem
Organizing cc- ccCORRECT ccANS✔✔deciding ccwhere ccdecisions ccwill ccbe ccmade, ccwho ccwill ccdo ccwhat ccjobs ccand cctasks, ccand
ccwho ccwill ccwork ccfor ccwhom
Leading cc- ccCORRECT ccANS✔✔inspiring ccand ccmotivating ccworkers ccto ccwork cchard ccto ccachieve ccorganizational ccgoals
Controlling cc- ccCORRECT ccANS✔✔monitoring ccprogress cctoward ccgoal ccachievement ccand cctaking cccorrective ccaction ccwhen
ccneeded
Four ccKinds ccof ccManagers cc- ccCORRECT ccANS✔✔top ccmanagers, ccmiddle ccmanagers, ccfirst-line ccmanagers, ccteam ccleaders
Top ccManagers cc- ccCORRECT ccANS✔✔executives ccresponsible ccfor ccthe ccoverall ccdirection ccof ccthe ccorganization
Middle ccManagers cc- ccCORRECT ccANS✔✔responsible ccfor ccsetting ccobjectives ccconsistent ccwith cctop ccmanagement's ccgoals
ccand ccfor ccplanning ccand ccimplementing ccsubunit ccstrategies ccfor ccachieving ccthese ccobjectives
First-line ccManagers cc- ccCORRECT ccANS✔✔responsible ccfor cctraining ccand ccsupervising ccthe ccperformance ccof
ccnonmanagerial ccemployees ccwho ccare ccdirectly ccresponsible ccfor ccproducing ccthe cccompany's ccproducts ccor ccservices
Team ccLeaders cc- ccCORRECT ccANS✔✔managers ccresponsible ccfor ccfacilitating ccteam ccactivities cctoward ccgoal
ccaccomplishment
Managerial ccRoles cc- ccCORRECT ccANS✔✔interpersonal, ccinformational, ccdecisional
Interpersonal cc- ccCORRECT ccANS✔✔figurehead, ccleader, ccliaison
Informational cc- ccCORRECT ccANS✔✔monitor, ccdisseminator, ccspokesperson
Decisional cc- ccCORRECT ccANS✔✔entrepreneur, ccdisturbance cchandler, ccresource ccallocator, ccnegotiator
Managerial ccSkills cc- ccCORRECT ccANS✔✔conceptual, cchuman, cctechnical
Conceptual ccSkills cc- ccCORRECT ccANS✔✔Understand ccas cca ccwhole
Human ccSkills cc- ccCORRECT ccANS✔✔the ccability ccto ccwork ccwell ccwith ccothers
Technical ccSkills cc- ccCORRECT ccANS✔✔the ccability ccto ccperform ccspecial ccprocedures, cctechniques, ccand ccknowledge
Scientific ccManagement cc- ccCORRECT ccANS✔✔thoroughly ccstudying ccand cctesting ccdifferent ccwork ccmethods ccto ccidentify ccthe
ccbest, ccmost ccefficient ccway ccto cccomplete cca ccjob
Soldiering cc- ccCORRECT ccANS✔✔when ccworkers ccdeliberately ccslow cctheir ccpace ccor ccrestrict cctheir ccwork ccoutput
Motion ccStudy cc- ccCORRECT ccANS✔✔breaking cceach cctask ccor ccjob ccinto ccits ccseparate ccmotions ccand ccthen cceliminating
ccthose ccthat ccare ccunnecessary ccor ccrepetitive
Time ccStudy cc- ccCORRECT ccANS✔✔timing cchow cclong ccit cctakes ccgood ccworkers ccto cccomplete cceach ccpart ccof cctheir ccjobs
, Gannt ccChart cc- ccCORRECT ccANS✔✔a ccgraphic ccchart ccthat ccshows ccwhich cctasks ccmust ccbe cccompleted ccat ccwhich cctimes
ccin ccorder ccto cccomplete cca ccproject ccor cctask
Bureaucracy cc- ccCORRECT ccANS✔✔the ccexercise ccof cccontrol ccbased ccon ccknowledge, ccexpertise, ccor ccexperience
Organization cc- ccCORRECT ccANS✔✔a ccsystem ccof ccconsciously cccoordinated ccactivities ccor ccforces ccof cctwo ccor ccmore
ccpeople
System cc- ccCORRECT ccANS✔✔a ccset ccof ccinterrelated ccelements ccor ccparts ccthat ccfunction ccas cca ccwhole
Subsystems cc- ccCORRECT ccANS✔✔smaller ccsystems ccthat ccoperate ccwithin ccthe cccontext ccof cca cclarger ccsystem
Synergy cc- ccCORRECT ccANS✔✔two ccor ccmore ccsubsystems ccworking cctogether ccto ccproduce ccmore ccthan ccthe ccsum ccof
cctheir ccparts
Closed ccSystem cc- ccCORRECT ccANS✔✔systems ccthat cccan ccsustain ccthemselves ccwithout ccinteracting ccwith cctheir
ccenvironments
Open ccSystem cc- ccCORRECT ccANS✔✔systems ccthat cccan ccsustain ccthemselves cconly ccby ccinteracting ccwith cctheir
ccenvironment, ccon ccwhich ccthey ccdepend ccfor cctheir ccsurvival.
Contingency ccApproach cc- ccCORRECT ccANS✔✔no ccuniversal ccmanagement cctheory, ccmost cceffective ccdepends ccon ccthe
ccsituation
Global ccBusiness cc- ccCORRECT ccANS✔✔the ccbuying ccand ccselling ccof ccgoods ccand ccservices ccby ccpeople ccfrom ccdifferent
cccountries
Multinational ccCorporation cc- ccCORRECT ccANS✔✔a cccorporation ccthat ccowns ccbusinesses ccin cctwo ccor ccmore cccountries
Foreign ccDirect ccInvestments cc- ccCORRECT ccANS✔✔a cccompany ccbuilds cca ccnew ccor ccbuys ccan ccexisting ccbusiness ccin cca
ccforeign cccountry
Trade ccBarriers cc- ccCORRECT ccANS✔✔government-imposed ccregulations ccthat ccincrease ccthe cccost ccand ccrestrict ccthe
ccnumber ccof ccimported ccgoods
Protectionism cc- ccCORRECT ccANS✔✔a ccgovernment's ccuse ccof cctrade ccbarriers ccto ccshield ccdomestic cccompanies ccand cctheir
ccworkers ccfrom ccforeign cccompetition
Tariff cc- ccCORRECT ccANS✔✔a ccdirect cctax ccon ccimported ccgoods
Nontariff ccbarriers cc- ccCORRECT ccANS✔✔nontax ccmethods ccof ccincreasing ccthe cccost ccor ccreducing ccthe ccvolume ccof
ccimported ccgoods
Quotas cc- ccCORRECT ccANS✔✔limits ccon ccthe ccamount ccof cca ccproduct ccthat cccan ccbe ccimported
Voluntary ccExport ccRestraint cc(VER) cc- ccCORRECT ccANS✔✔A ccquota ccon cctrade ccimposed ccfrom ccthe ccexporting cccountry's
ccside, ccinstead ccof ccthe ccimporter's; ccusually ccimposed ccat ccthe ccrequest ccof ccthe ccimporting cccountry's ccgovernment.
Government ccImport ccStandard cc- ccCORRECT ccANS✔✔established ccto ccprotect ccthe cchealth ccand ccsafety ccof cccitizens ccbut ccis
ccused ccto ccrestrict ccimport
Government ccSubsidies cc- ccCORRECT ccANS✔✔loans, ccgrants, ccinvestments ccand cctax ccdeferments ccgiven ccto ccdomestic
cccompanies ccto ccprotect ccfrom ccforeign cccompanies
Customs ccvaluation/classification cc- ccCORRECT ccANS✔✔Classification ccassigned ccto ccimported ccproducts ccby ccgovernment
ccofficials ccthat ccaffects ccthe ccsize ccof cca cctariff ccand ccthe ccimposition ccof ccimport ccgoods
General ccAgreement ccon ccTariffs ccand ccTrade cc(GATT) cc- ccCORRECT ccANS✔✔a ccworldwide cctrade ccagreement ccthat
ccreduced ccand cceliminated cctariffs, cclimited ccgovernment ccsubsidies, ccand ccestablished ccprotections ccfor ccintellectual ccproperty
World ccTrade ccOrganization cc(WTO) cc- ccCORRECT ccANS✔✔the ccsuccessor ccto ccGATT; ccthe cconly ccinternational ccorganization
ccdealing ccwith ccthe ccglobal ccrules ccof cctrade ccbetween ccnations; ccits ccmain ccfunction ccis ccto ccensure ccthat cctrade ccflows ccas
ccsmoothly, ccpredictably, ccand ccfreely ccas ccpossible
Regional ccTrading ccZones cc- ccCORRECT ccANS✔✔areas ccin ccwhich cctariff ccand ccnontariff ccbarriers ccon cctrade ccbetween
cccountries ccare ccreduced ccor cceliminated
Global ccConsistency cc- ccCORRECT ccANS✔✔Multinational cccompany ccconducting ccbusiness ccin ccdifferent cccountries ccusing
ccthe ccsame ccrules, ccguidelines, ccpolicies, ccand ccprocedures
Local ccAdaptation cc- ccCORRECT ccANS✔✔-multinational cccompany ccmodifies ccits ccrules, ccguidelines, ccpolicies ccand
ccprocedures ccto ccadapt ccto ccdifferences ccin ccforeign cccustomers, ccgovernments, ccand ccregulatory ccagencies
Forms ccof ccGlobal ccBusiness cc- ccCORRECT ccANS✔✔Exporting