Exam CBAD 301 questions well
answered to pass
Managers identify and select appropriate organizational goals and courses of action to perform the
________ task. - correct answer ✔✔Planning
Which of the four principal managerial tasks can help William understand his performance in the other
three tasks? - correct answer ✔✔Controlling
The specific set of departmental skills, knowledge, and experience that allows one organization to
outperform its rivals is known as the organization's ________. - correct answer ✔✔Core Competency
A measure of the appropriateness of the goals that managers have selected for the organization to
pursue and the degree to which the organization achieves those goals is ________. - correct answer
✔✔Effectiveness
Which of the following is an accurate definition of a self-managed team? - correct answer ✔✔A group of
employees who assume collective responsibility for organizing, controlling, and supervising their own
work activities
During which managerial task does a manager articulate a clear organizational vision for the
organization's members to accomplish? - correct answer ✔✔Leading
Which of the following describes organizational performance that results in a high-quality product that
customers do not want? - correct answer ✔✔High Efficiency and Low Effectiveness
Management includes _______ - correct answer ✔✔planning, organizing, and leading of resources and
controlling them
, Organizations that operate and compete in more than one country are known as ________
organizations. - correct answer ✔✔Global
Which of the following is true of middle managers? - correct answer ✔✔They develop skills and know-
how so that the organization is efficient and effective.
The degree to which people in a society accept the idea that inequalities in the well-being of its citizens
are due to differences in people's intellectual capabilities is known as ________. - correct answer
✔✔Power Distance
The government uses taxation and social welfare programs to reduce inequality and improve the welfare
of the least fortunate in ________ countries. - correct answer ✔✔Low-Power Distance
Which of the following is part of an organization's general environment? - correct answer ✔✔Technology
Global Blenders sells goods and services that other companies offer but does not provide any
organization with the input resources needed to produce goods and services. Based on this information,
we can thus say that Global Blenders is a ________. - correct answer ✔✔Distributor, not a supplier
A firm that has not traditionally been a competitor of EcoPro suddenly creates a new type of product
that makes EcoPro products obsolete. This is an example of ________. - correct answer ✔✔Competitors
in the task environment
Deregulation and privatization are a part of which of the following forces in the general environment? -
correct answer ✔✔Political and Legal
Companies from the nation of Atlantis are more efficient in the production of certain types of apparel,
while companies from the U.S. are more efficient in the production of certain types of computers. Which
economic theory predicts that capital would move to Atlantis to be invested there in the apparel
industry, and to the United States to be invested in its computer companies? - correct answer ✔✔The
free-trade doctrine
Organizations that help other organizations to sell their goods to customers are known as ________. -
correct answer ✔✔Distributors