IUPUI BUS X100 EXAM
2 QUESTIONS AND
VERIFIED ANSWERS
, IUPUI BUS X100 EXAM 2 QUESTIONS AND VERIFIED
ANSWERS
5 tasks of leaders - Answer-1. communicate a vision and rally others around that vision
2. establish corporate values
3. promote corporate ethics
4. embrace change
5. stress accountability and responsibility
acquisition - Answer-procedure in which one firm purchases the property and assumes the
obligations of another
acquisition (HR) - Answer-planning, job analysis, recruiting, selection, orientation
age discrimination act - Answer-prohibits discrimination against applicants and employees 40
years of age or older in hiring, promotion, termination, and other employment practices.
Alien Corporation - Answer-a corporation chartered by a foreign government and conducting
business in the United States
Americans with Disabilities Act - Answer-prohibits discrimination against the disabled
assembly process - Answer-that part of the production process that puts together components
autocratic leadership - Answer-leadership style that involves making managerial decisions
without consulting others
benefits of franchising - Answer--prior performance record
-recognizable company name
-proven business model
-tested management program
-business training
broad span of control advantages - Answer--Reduced costs
-More responsiveness to customers
-Faster decision making
-More empowerment
broad span of control disadvantages - Answer-Fewer chances for advancement, overworked
managers, loss of control, less management expertise
C Corporation - Answer-The most common type of corporation, which is a legal business entity
that offers limited liability (separate from the owners) to all of its owners, who are called
stockholders
centralized - Answer-when it is important to have reliability (ie compliance w/laws) or efficiency
(ie replication of a task for different operating depts) then use _______ type of decision making
centralized decision making - Answer-occurs when key decisions are made by top management
2 QUESTIONS AND
VERIFIED ANSWERS
, IUPUI BUS X100 EXAM 2 QUESTIONS AND VERIFIED
ANSWERS
5 tasks of leaders - Answer-1. communicate a vision and rally others around that vision
2. establish corporate values
3. promote corporate ethics
4. embrace change
5. stress accountability and responsibility
acquisition - Answer-procedure in which one firm purchases the property and assumes the
obligations of another
acquisition (HR) - Answer-planning, job analysis, recruiting, selection, orientation
age discrimination act - Answer-prohibits discrimination against applicants and employees 40
years of age or older in hiring, promotion, termination, and other employment practices.
Alien Corporation - Answer-a corporation chartered by a foreign government and conducting
business in the United States
Americans with Disabilities Act - Answer-prohibits discrimination against the disabled
assembly process - Answer-that part of the production process that puts together components
autocratic leadership - Answer-leadership style that involves making managerial decisions
without consulting others
benefits of franchising - Answer--prior performance record
-recognizable company name
-proven business model
-tested management program
-business training
broad span of control advantages - Answer--Reduced costs
-More responsiveness to customers
-Faster decision making
-More empowerment
broad span of control disadvantages - Answer-Fewer chances for advancement, overworked
managers, loss of control, less management expertise
C Corporation - Answer-The most common type of corporation, which is a legal business entity
that offers limited liability (separate from the owners) to all of its owners, who are called
stockholders
centralized - Answer-when it is important to have reliability (ie compliance w/laws) or efficiency
(ie replication of a task for different operating depts) then use _______ type of decision making
centralized decision making - Answer-occurs when key decisions are made by top management
