MGT 3301: Final Exam
cv cv cv
Chaptercv1cv-cvcorrectcvanswer✔ ✔ InnovatecvManagement
Thecv4cvprimarycvmanagementcvfunctionscv-cvcorrectcvanswer✔ ✔
1.cvPlanning
2.cvOrganizing
3.cvLeading
4.cvControlling
Thecv3cvGoalscvofcvOrganizationalcvBehaviorcv-cvcorrectcvanswer✔ ✔
Triescvtocv*Explain*,cv*Predict*cvandcv*Control*cvhumancvbehavior
WhatcviscvEthnocentrism?cv-cvcorrectcvanswer✔ ✔
Acvtendencycvtocvregardcvyourcvowncvculturecvascvsuperiorcvandcvonlycvseeing
cvperspectivecvfromcvyourcvown
WhycvdocvFirmscvexist?cv(thecvrolecvofcvthecvfirm)cv-cvcorrectcvanswer✔ ✔
TocvMaximizecvShareholdercvValue
1.cvShareholderscvarecvthecvownerscvandcvarecvalwayscvacvstakeholdercvascvwell
,Chaptercv2cv-cvcorrectcvanswer✔ ✔
Thecvenvironmentcvandcvcorporatecvculture
ExternalcvEnvironmentcvofcvthecvorganizationcv-cvcorrectcvanswer✔ ✔
Theycvarecvfactorscvorcvissues,cvoutsidecvthecvorganizationcvandcvitcvkickscvou
tcvO'scvandcvT'scv(opportunitiescvandcvthreatscv)cvandcvitcviscvindustrycvspecific.
It'scvalsocvcomprisedcvofcvtwocvfactorscv-cv
1.cvThecvGeneralcvEnvironment
2.cvThecvTaskcvEnvironment
ThecvGeneralcvEnvironmentcv(6)cv-cvcorrectcvanswer✔ ✔ Sixcvtrends:cv
1.cvTechnological
2.cvNatural
3.cvSociocultural
4.cvEconomics
5.cvLegal/Political
6.cvInternational
ThecvTaskcvEnvironmentcv(4)cv-cvcorrectcvanswer✔ ✔ 1.cvCustomers
2.cvCompetitors
3.cvSuppliers
,4.cvLaborcvMarket
Muchcvmorecvcloselycvrelatedcvtocvthecvday-to-daycvoperations
InternalcvEnvironmentcvofcvthecvorganizationcv-cvcorrectcvanswer✔ ✔
itcvlookscvinternallycvforcvfactorscvinsidecvthecvorganizationcvboundariescvan
dcvproducecvS'scv&cvW'scv(strengthscvandcvweaknesses)
Corporatecvculturecv-cvcorrectcvanswer✔ ✔
iscvthecvsetcvofcvkeycvvalues,cvbeliefs,cvunderstandings,cvandcvnormscvthatcvm
emberscvofcvancvorganizationcvsharecvwithincvacvfirm.cvexamples:cvSymbols,cvS
tories,cvHeroes,cvSlogans,cvCeremoniescvandcvFOURcvTYPES:
1.cvAdaptability
2.cvAchievement
3.cvInvolvement
4.cvConsistency
ThecvdirectioncvofcvOrganizationalcvCulturecv-cvcorrectcvanswer✔ ✔
TOPcv->cvDOWN
SWOTcv-cvcorrectcvanswer✔ ✔
acvstructuredcvplanningcvmethodcvusecvtocvevaluatecv*S*trengths,cv*W*eak
nesses,cv*O*pportunities,cvandcv*T*hreatscvinvolvedcvincvacvprojectcvorcvincvacv
businesscvventure.
, Chaptercv3cv-cvcorrectcvanswer✔ ✔
ManagingcvincvacvGlobalcvEnvironment
ThecvGlobalizationcvProcesscv-cvcorrectcvanswer✔ ✔ Fourcvstages:
1.cvDomesticcv
2.cvInternational
3.cvMultinational
4.cvGlobal
Referscvtocvthecvextentcvtocvwhichcvtradecvandcvinvestments,cvinformation,cvan
dcvsocialcvandcvculturalcvideascvandcvpoliticalcvcooperationcvflowcvbetweencvco
untries
Hofstede'scv(5)cvValuecvDimensionscv-cvcorrectcvanswer✔ ✔
1.cvPowercvDistance
2.cvIndividualismcvvscvCollectivism
3.cvMasculinitycvvscvFemininity
4.cvUncertaintycvAvoidancecv(aboutcvstructure)
5.cvLong-termcvvs.cvShort-termcvOrientation
1.cvPowercvDistancecv-cvcorrectcvanswer✔ ✔
Thecvextentcvtocvwhichcvacvsocietycvacceptscvinequalitycvthatcvpowercvincvinst
cv cv cv
Chaptercv1cv-cvcorrectcvanswer✔ ✔ InnovatecvManagement
Thecv4cvprimarycvmanagementcvfunctionscv-cvcorrectcvanswer✔ ✔
1.cvPlanning
2.cvOrganizing
3.cvLeading
4.cvControlling
Thecv3cvGoalscvofcvOrganizationalcvBehaviorcv-cvcorrectcvanswer✔ ✔
Triescvtocv*Explain*,cv*Predict*cvandcv*Control*cvhumancvbehavior
WhatcviscvEthnocentrism?cv-cvcorrectcvanswer✔ ✔
Acvtendencycvtocvregardcvyourcvowncvculturecvascvsuperiorcvandcvonlycvseeing
cvperspectivecvfromcvyourcvown
WhycvdocvFirmscvexist?cv(thecvrolecvofcvthecvfirm)cv-cvcorrectcvanswer✔ ✔
TocvMaximizecvShareholdercvValue
1.cvShareholderscvarecvthecvownerscvandcvarecvalwayscvacvstakeholdercvascvwell
,Chaptercv2cv-cvcorrectcvanswer✔ ✔
Thecvenvironmentcvandcvcorporatecvculture
ExternalcvEnvironmentcvofcvthecvorganizationcv-cvcorrectcvanswer✔ ✔
Theycvarecvfactorscvorcvissues,cvoutsidecvthecvorganizationcvandcvitcvkickscvou
tcvO'scvandcvT'scv(opportunitiescvandcvthreatscv)cvandcvitcviscvindustrycvspecific.
It'scvalsocvcomprisedcvofcvtwocvfactorscv-cv
1.cvThecvGeneralcvEnvironment
2.cvThecvTaskcvEnvironment
ThecvGeneralcvEnvironmentcv(6)cv-cvcorrectcvanswer✔ ✔ Sixcvtrends:cv
1.cvTechnological
2.cvNatural
3.cvSociocultural
4.cvEconomics
5.cvLegal/Political
6.cvInternational
ThecvTaskcvEnvironmentcv(4)cv-cvcorrectcvanswer✔ ✔ 1.cvCustomers
2.cvCompetitors
3.cvSuppliers
,4.cvLaborcvMarket
Muchcvmorecvcloselycvrelatedcvtocvthecvday-to-daycvoperations
InternalcvEnvironmentcvofcvthecvorganizationcv-cvcorrectcvanswer✔ ✔
itcvlookscvinternallycvforcvfactorscvinsidecvthecvorganizationcvboundariescvan
dcvproducecvS'scv&cvW'scv(strengthscvandcvweaknesses)
Corporatecvculturecv-cvcorrectcvanswer✔ ✔
iscvthecvsetcvofcvkeycvvalues,cvbeliefs,cvunderstandings,cvandcvnormscvthatcvm
emberscvofcvancvorganizationcvsharecvwithincvacvfirm.cvexamples:cvSymbols,cvS
tories,cvHeroes,cvSlogans,cvCeremoniescvandcvFOURcvTYPES:
1.cvAdaptability
2.cvAchievement
3.cvInvolvement
4.cvConsistency
ThecvdirectioncvofcvOrganizationalcvCulturecv-cvcorrectcvanswer✔ ✔
TOPcv->cvDOWN
SWOTcv-cvcorrectcvanswer✔ ✔
acvstructuredcvplanningcvmethodcvusecvtocvevaluatecv*S*trengths,cv*W*eak
nesses,cv*O*pportunities,cvandcv*T*hreatscvinvolvedcvincvacvprojectcvorcvincvacv
businesscvventure.
, Chaptercv3cv-cvcorrectcvanswer✔ ✔
ManagingcvincvacvGlobalcvEnvironment
ThecvGlobalizationcvProcesscv-cvcorrectcvanswer✔ ✔ Fourcvstages:
1.cvDomesticcv
2.cvInternational
3.cvMultinational
4.cvGlobal
Referscvtocvthecvextentcvtocvwhichcvtradecvandcvinvestments,cvinformation,cvan
dcvsocialcvandcvculturalcvideascvandcvpoliticalcvcooperationcvflowcvbetweencvco
untries
Hofstede'scv(5)cvValuecvDimensionscv-cvcorrectcvanswer✔ ✔
1.cvPowercvDistance
2.cvIndividualismcvvscvCollectivism
3.cvMasculinitycvvscvFemininity
4.cvUncertaintycvAvoidancecv(aboutcvstructure)
5.cvLong-termcvvs.cvShort-termcvOrientation
1.cvPowercvDistancecv-cvcorrectcvanswer✔ ✔
Thecvextentcvtocvwhichcvacvsocietycvacceptscvinequalitycvthatcvpowercvincvinst
