Chapter 3 management quiz with correct
answers 100%
Research indicates that the one factor that increases a company's value the most is: - Correct
Answerpeople and how they are treated
Three large electronics companies have recently collaborated to develop an innovative new cell
phone. This is an example of which managerial trend? - Correct AnswerInterorganizational
partnerships
_____ includes all elements existing outside the boundary of the organization that have the
potential to affect the organization. - Correct AnswerOrganizational environment
Stan is the owner of a small marketing firm. He designs ad campaigns that specifically target
demographic groups within U.S. markets. Which demographic category currently has the largest
market size? - Correct Answerbaby boomers
Based on the notion that organizations are dealing with a very turbulent and uncertain external
environment, more organizations are requiring _____ to perform boundary-spanning activities. -
Correct Answerall employees
When two or more organizations combine to become one, it is referred to as a: - Correct
Answermerger
Roberta is a top-level executive at a banking institution. She spends a significant part of her day
meeting with local government officials, every day consumers, and federal banking officials to
address key issues in the banking industry. Roberta's role can best be described as _____. -
Correct Answerboundary spanning
What is likely to happen to organizations that pay little attention to either cultural values or
business results? - Correct Answerunlikely to survive for long
answers 100%
Research indicates that the one factor that increases a company's value the most is: - Correct
Answerpeople and how they are treated
Three large electronics companies have recently collaborated to develop an innovative new cell
phone. This is an example of which managerial trend? - Correct AnswerInterorganizational
partnerships
_____ includes all elements existing outside the boundary of the organization that have the
potential to affect the organization. - Correct AnswerOrganizational environment
Stan is the owner of a small marketing firm. He designs ad campaigns that specifically target
demographic groups within U.S. markets. Which demographic category currently has the largest
market size? - Correct Answerbaby boomers
Based on the notion that organizations are dealing with a very turbulent and uncertain external
environment, more organizations are requiring _____ to perform boundary-spanning activities. -
Correct Answerall employees
When two or more organizations combine to become one, it is referred to as a: - Correct
Answermerger
Roberta is a top-level executive at a banking institution. She spends a significant part of her day
meeting with local government officials, every day consumers, and federal banking officials to
address key issues in the banking industry. Roberta's role can best be described as _____. -
Correct Answerboundary spanning
What is likely to happen to organizations that pay little attention to either cultural values or
business results? - Correct Answerunlikely to survive for long
