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Exam (elaborations)

BA 101 Midterm 3 University of Oregon Questions with Correct Answers

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This document contains the complete set of BA 101 Midterm 3 questions and verified correct answers from the University of Oregon’s introductory business course. It includes key terms and definitions covering leadership styles, corporate structures, ethics, international trade, finance, entrepreneurship, and business law. Topics such as strategic planning, management roles, organizational behavior, and global business operations are thoroughly addressed. This resource is ideal for reviewing major concepts before exams or reinforcing understanding of business fundamentals.

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Uploaded on
May 22, 2025
Number of pages
35
Written in
2024/2025
Type
Exam (elaborations)
Contains
Questions & answers

Subjects

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Managers set objectives and employees are relatively free to do whatever it takes to
accomplish those objectives.


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free-rein leadership

,Measures performance relative to planned objectives
Rewards people for work well done
Takes necessary corrective action


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control function




Are organized in one country and operate in another


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alien corporations




Produce an idea or way of solving a problem by holding a spontaneous group
discussion without criticism


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brainstorming




The standards of moral behavior. Behaviors that are accepted by society as right
versus wrong.


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, ethics




is a wrong inflicted on other people or their property. includes: Assault
Slander
Libel
Product Liability
Fraud


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tort




A company owned in a foreign country by another company called the parent
company. The most common form of FDI.


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foreign subsidiary




A violation of a valid contract where the injured party goes to court to enforce
contract and (sometimes) collect damages


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breach of contract

, Implements CEO's changes.


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chief operating officer (COO)




Finding the right information, keeping the information in a readily accessible place,
and making the information known to everyone in the firm.
This tries to keep people from reinventing the wheel.


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knowledge management




Developing detailed, short-term statements about what is to be done, who is to do it,
and how it is to be done.


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tactical planning




Values sound thinking


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