BUS 1101 EXAM 3 Questions and Answers Verified Solutions Latest Update

BUS 1101 EXAM 3 Questions and Answers Verified
Solutions Latest Update
Question 1.
Centralization refers to decision-making by:
Select one:
a. Management
b. Employee
c. Management and employee
d. Team of managers
Correct Answer: a. Management

Question 2.
Leaders are instrumental in creating and changing an organization's culture.
Select one:
True
False
Correct Answer: True

Question 3.
The role of goals and objectives are achieved only in the planning stage.
Select one:
True
False
Correct Answer: False

Question 4.
Stakeholder analysis may also enable managers to identify other parties that might
support
well-formulated strategies.
Select one:
True
False
Correct Answer: False

Question 5.
Studies show that our personality does not have lasting consequences for us.
Select one:
True
False
Correct Answer: False

Question 6.
Strategy formulation is essentially the aim of the organizing, leading, and
controlling

,components of the POLC framework.
Select one:
True
False
Correct Answer: False

Question 7.
Research shows that fitting in with a company culture is a strong predictor of job
performance.
Select one:
True
False
Correct Answer: False

Question 8.
The use of online social networking principles can open the door to outside
collaborations.
Select one:
True
False
Correct Answer: True

Question 9.
Mission and vision development are analogous to which step in the principles of
management framework:
Select one:
a. Planning
b. Organizing
c. Leading
d. Controlling
Correct Answer: a. Planning

Question 10.
Success and progress in achieving goals and objectives will be indicated by how
well the
vision and mission are achieved.
Select one:
True
False
Correct Answer: False

Question 11.
Strategic management process is the coordinated means by which an organization
chooses
its mission and vision.

, Select one:
True
False
Correct Answer: False

Question 12.
In order for the change effort to be successful, it is important to communicate the
need for
change to the stockholders.
Select one:
True
False
Correct Answer: False

Question 13.
Which one of the following Big Five personality traits is also referred to as
"negative
affect"?
Select one:
a. Openness
b. Neuroticism
c. Conscientiousness
d. Agreeableness
Correct Answer: b. neuroticism

Question 14.
In decentralized companies, decisions are made and problems are solved at lower
levels by
employees who are closer to the problem in question.
Select one:
True
False
Correct Answer: True

Question 15.
The values and assumptions that shape the organization's culture can be
uncovered by
observing all of the following EXCEPT:
Select one:
a. How employees interact
b. Employee beliefs and perceptions regarding what is right and appropriate
behavior
c. The choice employees make
d. The stakeholders involved in the organization
Correct Answer: d. The stakeholders involved in the organization