MAN 3025 Exam 1
Which of the following is the role of the top managers in an organization?
A) Overseeing day-to-day operations
B) Performing routine administrative tasks
C) Implementing plans of first-line managers
D) Creating organizational goals and overall strategy - Answer-D) Creating organizational goals and
overall strategy
Managers are now tracking and monitoring the implementation of new policies at Loft Corp. Which
function is illustrated?
A) Leading
B) Organizing
C) Controlling
D) Planning - Answer-C) Controlling
What is a Theory Y assumption? - Answer-a positive view of workers; People don't naturally dislike work
, Veronica lets her boss know that her co-worker was evading company taxes to the tune of 20,000. This
is an example of a:
A) Regulator
B) Ethical Supplier
C) Legal Contributor
D) Whistle Blower - Answer-D) Whistle Blower
True or False
Business level strategy is helping organizations focus its competitive efforts in each industry in a
targeted manner. - Answer-True
The overall growth of a product has begun to slow down and the number of new firms producing the
item declines. This is:
A) Maturity
B) Growth
C) Decline
D) Introduction - Answer-A) Maturity
True or False
The BCG matrix helps organizations operate multiple businesses that are not logically associated with
one another. - Answer-False
Which of the following is the role of the top managers in an organization?
A) Overseeing day-to-day operations
B) Performing routine administrative tasks
C) Implementing plans of first-line managers
D) Creating organizational goals and overall strategy - Answer-D) Creating organizational goals and
overall strategy
Managers are now tracking and monitoring the implementation of new policies at Loft Corp. Which
function is illustrated?
A) Leading
B) Organizing
C) Controlling
D) Planning - Answer-C) Controlling
What is a Theory Y assumption? - Answer-a positive view of workers; People don't naturally dislike work
, Veronica lets her boss know that her co-worker was evading company taxes to the tune of 20,000. This
is an example of a:
A) Regulator
B) Ethical Supplier
C) Legal Contributor
D) Whistle Blower - Answer-D) Whistle Blower
True or False
Business level strategy is helping organizations focus its competitive efforts in each industry in a
targeted manner. - Answer-True
The overall growth of a product has begun to slow down and the number of new firms producing the
item declines. This is:
A) Maturity
B) Growth
C) Decline
D) Introduction - Answer-A) Maturity
True or False
The BCG matrix helps organizations operate multiple businesses that are not logically associated with
one another. - Answer-False
