MNGT 361 FINAL EXAM
QUESTIONS AND
ANSWERS ALL CORRECT
Michael has been a manager at Rexgen Systems for two years. He is known to be a
risk-taker and always waits for the next big project. He is a hard worker and takes
initiative to handle critical issues. Michael is a _____.
A. Passive Manager
B. Change Leader
C. benevolent autocrat
D. Group Thinker
E. Status Quo Manager - Answer-B. Change Leader
A _____ begins with a systematic evaluation of the organization's resources and
capabilities and focuses on identifying the organization's core competencies.
A. Functional Strategy
B. Mission Statement
C. Flanking Strategy
D. Branding Analysis
E. SWOT Analysis - Answer-E. SWOT Analysis
RZB Ltd., a clothing manufacturer, decides to upgrade its machines and train its
workers in order to improve its productivity. These changes are examples of _____
change.
A. Radical
,B. Incremental
C. Transformational
D. Top-down
E. Frame-breaking - Answer-B. Incremental
According to Porter, which of the following is one of the five forces that affect industry
competition?
A. Bargaining power of intermediaries
B. Market Share
C. Market Growth Rate
D. Substitute Products
E. Workplace Diversity - Answer-D. Substitute Products
_____ tries to covertly influence others by selectively providing information and
structuring events in favor of the desired change.
A. Education and Communication
B. Explicit and implicit coercion
C. Manipulation and co-optation
D. Negotiation and agreement
E. Facilitation and support - Answer-C. Manipulation and co-optation
Jimi has been working at Drazer Inc., a consulting firm, for two days now. He is told by
one of his colleagues about the different dos and don'ts of the organization, their values
and beliefs, and the way people communicate and form groups. This information gives
Jimi an insight into the:
A. turnover rate in the organization.
B. level of employee satisfaction in the organization.
C. culture of the organization.
, D. degree of collectivism in the organization.
E. profile of his job at the organization. - Answer-C. culture of the organization.
Powerston Inc. is the market leader of car batteries primarily because of its unique
distribution system. The distribution system that has given the company an advantage
over its competitors is an example of the company's _____.
A. co-opetition strategy
B. core competency
C. technical skill
D. emotional intelligence
E. monopolistic power - Answer-B. core competency
What is Management? - Answer-Planning, Organizing, Leading and Controlling the use
of resources to accomplish performance goals
What does a Manager do? - Answer-Support, activate, and are responsible for the work
of others. The process of getting things done with and through people.
Strategic Management Process - Answer-the process of formulating and implementing
strategies to accomplish long-term goals and sustain competitive advantage
SWOT - Answer-Strengths, Weaknesses, Opportunities, Threats
- Useful first step in anylizing the organization and its enviorment. It is an internal
analysis of organizational strengths and weaknesses as well as an external analysis of
enviormental oppertunities and threats
What Stratagies do Managers use? - Answer-- Portfolio Planning Model
- Growth and Diverification Stratagies
- Retrenchment and Restructuring Stratagies
- Global Stratagy
- Cost Leadership
- Focus Stratagy
QUESTIONS AND
ANSWERS ALL CORRECT
Michael has been a manager at Rexgen Systems for two years. He is known to be a
risk-taker and always waits for the next big project. He is a hard worker and takes
initiative to handle critical issues. Michael is a _____.
A. Passive Manager
B. Change Leader
C. benevolent autocrat
D. Group Thinker
E. Status Quo Manager - Answer-B. Change Leader
A _____ begins with a systematic evaluation of the organization's resources and
capabilities and focuses on identifying the organization's core competencies.
A. Functional Strategy
B. Mission Statement
C. Flanking Strategy
D. Branding Analysis
E. SWOT Analysis - Answer-E. SWOT Analysis
RZB Ltd., a clothing manufacturer, decides to upgrade its machines and train its
workers in order to improve its productivity. These changes are examples of _____
change.
A. Radical
,B. Incremental
C. Transformational
D. Top-down
E. Frame-breaking - Answer-B. Incremental
According to Porter, which of the following is one of the five forces that affect industry
competition?
A. Bargaining power of intermediaries
B. Market Share
C. Market Growth Rate
D. Substitute Products
E. Workplace Diversity - Answer-D. Substitute Products
_____ tries to covertly influence others by selectively providing information and
structuring events in favor of the desired change.
A. Education and Communication
B. Explicit and implicit coercion
C. Manipulation and co-optation
D. Negotiation and agreement
E. Facilitation and support - Answer-C. Manipulation and co-optation
Jimi has been working at Drazer Inc., a consulting firm, for two days now. He is told by
one of his colleagues about the different dos and don'ts of the organization, their values
and beliefs, and the way people communicate and form groups. This information gives
Jimi an insight into the:
A. turnover rate in the organization.
B. level of employee satisfaction in the organization.
C. culture of the organization.
, D. degree of collectivism in the organization.
E. profile of his job at the organization. - Answer-C. culture of the organization.
Powerston Inc. is the market leader of car batteries primarily because of its unique
distribution system. The distribution system that has given the company an advantage
over its competitors is an example of the company's _____.
A. co-opetition strategy
B. core competency
C. technical skill
D. emotional intelligence
E. monopolistic power - Answer-B. core competency
What is Management? - Answer-Planning, Organizing, Leading and Controlling the use
of resources to accomplish performance goals
What does a Manager do? - Answer-Support, activate, and are responsible for the work
of others. The process of getting things done with and through people.
Strategic Management Process - Answer-the process of formulating and implementing
strategies to accomplish long-term goals and sustain competitive advantage
SWOT - Answer-Strengths, Weaknesses, Opportunities, Threats
- Useful first step in anylizing the organization and its enviorment. It is an internal
analysis of organizational strengths and weaknesses as well as an external analysis of
enviormental oppertunities and threats
What Stratagies do Managers use? - Answer-- Portfolio Planning Model
- Growth and Diverification Stratagies
- Retrenchment and Restructuring Stratagies
- Global Stratagy
- Cost Leadership
- Focus Stratagy
