MBA management practice exam 1
Leave the first rating
Save
Students also studied
Flashcard sets Study guides
ACCt 2301 Exam 2 OMIS 338 study guide #1 Leadership NUR 4590 Exam 2 MKT 30
Teacher 68 terms Teacher 32 terms Teacher 109 terms Teacher
Rael_Khabakali Preview kativui950 Preview kanutabitha12 Preview fesk
Terms in this set (56) Hide definitions
1) An organization is a tool people use to coordinate their : TRUE
actions to obtain something they desire or value.
2) Organizations die or are transformed when the needs TRUE
satisfied by them are no longer important.
As compared to a large company, the degree of FALSE
specialization in a small company is higher.
The environment in which an organization operates is a The environment in which an organization operates is a major source of
major source of uncertainty. uncertainty.
12) Transaction costs are the costs associated with Answer: TRUE
negotiating, monitoring, and governing exchanges
between people.
, 14) Organizational structure is the formal system of task TRUE
and authority relationships that control how people
coordinate their actions and use resources to achieve
organizational goals.
16) Organizations that provide essentially the same goods Answer: FALSE
and services will always have similar organizational
cultures.
17) An organization's culture is shaped by the type of Answer: TRUE
structure used by the organization.
18) Organizational design is the process by which Answer: TRUE
managers select and manage aspects of structure and
culture so an organization can control the activities
necessary to achieve its goals.
19) A contingency is an event that might occur and must Answer: TRUE
be planned for.
20) Competitive advantage is the ability of one company Answer: TRUE
to outperform another because its managers are able to
create more value from the resources at their disposal.
21) A culture based on entrepreneurial norms and values Answer: FALSE
is less likely to encourage innovation than a culture that is
conservative and bureaucratic.
Operative goals can be either short or long term in Answer: TRUE
nature.
28) Jeffrey Bezos saw the opportunity to sell books over D) entrepreneurship
the Internet, which was growing. So he started a Web site
where people could buy new books and sell there
existing books. This was the first Web site dedicated to
buying or selling books. This is an example of ________.
A) social loafing
B) parallel marketing
C) surface bargaining
D) entrepreneurship
Leave the first rating
Save
Students also studied
Flashcard sets Study guides
ACCt 2301 Exam 2 OMIS 338 study guide #1 Leadership NUR 4590 Exam 2 MKT 30
Teacher 68 terms Teacher 32 terms Teacher 109 terms Teacher
Rael_Khabakali Preview kativui950 Preview kanutabitha12 Preview fesk
Terms in this set (56) Hide definitions
1) An organization is a tool people use to coordinate their : TRUE
actions to obtain something they desire or value.
2) Organizations die or are transformed when the needs TRUE
satisfied by them are no longer important.
As compared to a large company, the degree of FALSE
specialization in a small company is higher.
The environment in which an organization operates is a The environment in which an organization operates is a major source of
major source of uncertainty. uncertainty.
12) Transaction costs are the costs associated with Answer: TRUE
negotiating, monitoring, and governing exchanges
between people.
, 14) Organizational structure is the formal system of task TRUE
and authority relationships that control how people
coordinate their actions and use resources to achieve
organizational goals.
16) Organizations that provide essentially the same goods Answer: FALSE
and services will always have similar organizational
cultures.
17) An organization's culture is shaped by the type of Answer: TRUE
structure used by the organization.
18) Organizational design is the process by which Answer: TRUE
managers select and manage aspects of structure and
culture so an organization can control the activities
necessary to achieve its goals.
19) A contingency is an event that might occur and must Answer: TRUE
be planned for.
20) Competitive advantage is the ability of one company Answer: TRUE
to outperform another because its managers are able to
create more value from the resources at their disposal.
21) A culture based on entrepreneurial norms and values Answer: FALSE
is less likely to encourage innovation than a culture that is
conservative and bureaucratic.
Operative goals can be either short or long term in Answer: TRUE
nature.
28) Jeffrey Bezos saw the opportunity to sell books over D) entrepreneurship
the Internet, which was growing. So he started a Web site
where people could buy new books and sell there
existing books. This was the first Web site dedicated to
buying or selling books. This is an example of ________.
A) social loafing
B) parallel marketing
C) surface bargaining
D) entrepreneurship
