Practice Guide
1. If your company has replaced many of its full-time employees with part-time staffers, this
would be classified as a(n) ________ for the company.
a) opportunity
b) strength
c) weakness
d) threat - correct answer ✔✔ c
2. If you are a shift manager at a machine shop, you will need more ________ skills than
________ skills to effectively perform your job.
a) technical; interpersonal
b) technical; critical
c) conceptual; technical
d) critical; technical - correct answer ✔✔ a
3. If demand for your products is escalating, but your production level is plateauing with the
factory running at full capacity, the demand escalation would be classified as a(n) ________,
while throughput levels would be classified as a(n) ________ without a plan for a capital
investment.
a) strength; threat
b) opportunity; opportunity
c) opportunity; threat
d) opportunity; weakness - correct answer ✔✔ d
4. How is leading best defined?
a) as influencing people in the organization to work toward a common goal
,b) as dealing effectively with other people
c) as generating reasonable solutions to problems
d) as understanding how the various parts of an organization can fit together - correct answer
✔✔ a
5. Imagine there are five or more layers of management on the company's organizational chart,
and every department head must sign off on every decision. Most of the day is spent in
interdepartmental meetings. Which leadership style does this company work under?
a) democratic
b) autocratic
c) laissez-faire
d) participative - correct answer ✔✔ d
6. A company's department heads meet once a week to make sure everyone is working toward
the same strategic goals. Yet, every person in the company has the right to make his or her own
decisions, implement solutions, and offer up new ideas on efficiency and products. What form
of leadership has this company adopted?
a) autocratic
b) laissez-faire
c) top-down
d) technical - correct answer ✔✔ b
7. Which list is made up of job titles in the specialized or functional areas of management?
a) plant manager, production manager, operations manager, division manager
b) chief executive officer, president, vice president
c) chief financial officer, human resource manager, marketing manager, operations manager,
R&D
d) shift manager, marketing supervisor, line manager - correct answer ✔✔ c
, 8. When a problem erupts in a process, what is the first step in correcting the problem?
a) correctly identifying the problem
b) selecting a solution
c) decision making
d) implementing and evaluating the solution - correct answer ✔✔ a
9. If you work in the division in charge of coming up with new product ideas and novel uses for
existing products for the company, you most likely work in which division?
a) marketing specialist
b) marketing manager
c) chief marketing officer
d) research and development - correct answer ✔✔ d
10. Including your company, there are three manufacturers in your marketplace. One
competitor has recently been charged criminally with falsifying test results, while the other got
sucked into the mortgage derivatives market and was bailed out by taxpayers. How would this
competitive situation be classified for the company?
a) strength
b) weakness
c) threat
d) opportunity - correct answer ✔✔ d
11. If an occupation includes mostly dealing with machines or technology, you will need to be
proficient at more ________ skills, while if an occupation deals mostly with abstract concepts
and ideas, you will need to be more proficient with ________ skills.
a) critical; technical
b) critical; conceptual