Global Scholars’ Resource Hub

Productivity is defined as the ratio of input to output. correct answers False Tracking productivity measures over time enables managers to judge organizational performance and decide where improvements are needed. correct answers True Production and productivity are the same things. correct answers False Strategy is a plan/roadmap for achieving organizational goals. correct answers True Mission is the reason for an organization's existence. correct answers True Which of the foll...

power is the ability both to influence the conduct of others and to resist unwanted influence in return correct answers true McClelland coined the term nPow to refer to an individual's need for power correct answers true reward power is based on the ability to allocate desirable outcomes -- either the receipt of positive things or the elimination of negative things correct answers true people who hold positions of hierarchical authority are accorded expert power by virtue of the fact t...

Operations correct answers part of an organization responsible for producing goods and services goods correct answers physical items produced by business organizations services correct answers activities that provide some type of combination of time, location, form, and psychological value finance, operations, marketing correct answers 3 basic functions of business organizations finance correct answers responsible for securing financial resources at favorable prices and allocating th...

In terms of the 33 know the pattern of distribution (Def Underwriting, 4 part Howey Test) (Investor Protection, Wall Street Reform) correct answers *Underwriting:* Passing securities from the issuer through a syndicate of underwriters, dealers, and ultimately to purchasers who intend to hold securities *Howey Test* (1) Invest (2) In common enterprise (3) Reasonably expecting profits (4) Derived primarily from others' managerial or entrepreneurial efforts Agency (Define A...

What is a project?: Project Defined correct answers A temporary endeavor undertaken to create a unique product, service, or result What is a project?: Major Characteristics correct answers -Established objective -Defined life span -Involves several departments and professionals -Involves doing something never done before -Specific time, cost, and performance requirements Routine correct answers -Taking notes -Attaching tags -Practicing scales on piano Projects correct answers -Wr...

with globalization comes differences in nationality and culture within organizations that can have significant effects on organizational behavior correct answers true despite differences among national cultures, management practices developed in one cultural region can be used effectively throughout the world correct answers false the degree to which people are comfortable with ambiguous situations and with the inability to predict future events with assurance is called uncertainty avoidan...

an organization's structure is the relatively stable network of interconnections or interdependencies among the different people and tasks that make up the organization correct answers true an organization's structure enables the people within it to work together, thereby accomplishing things beyond the abilities of unorganized individuals correct answers true coordination is a process through which otherwise disorganized actions become integrated so as to produce a desired result correc...

Which management function includes defining an organization's goals, establishing an overall strategy for achieving those goals, and developing a comprehensive set of plans to integrate and coordinate activities? correct answers Planning Which management skill uses mental ability to analyze and diagnose complex situations? correct answers Conceptual According to Fayol's list of management functions, which of the following is an example of a manager's planning function? correct answers C...

Operations managers are responsible for assessing consumer wants and needs and selling and promoting the organization's goods or services. correct answers False Service operations require additional inventory because of the unpredictability of consumer demand. correct answers False Managing the supply chain has become more important as a result of firms increasing their levels of Select one: ing. tions. ting. ime. urcing. correct answers e Companies are either producing goods or ...

the fact that many different kinds of structures exist suggests that no one type will be suitable for all organizations correct answers true organization design involves making well-considered choices among the various structural alternatives available to an organization correct answers true the degree to which a particular type of structure will contribute to the effectiveness of an organization depends on contingency factors that impinge on the organization and shape its business correct...

The management of people through the application of knowledge from the field of organizational behavior is a primary means through which competitive advantage can be created and sustained. correct answers True Organizational behavior is a field of study that endeavors to understand, explain, predict, and change human behavior as it occurs in the organizational contex correct answers True The field of organizational behavior focuses on observable behaviors, such as talking in a meetin...

High-performance employees are most attracted to organization that have managers who excel in which of the following skill areas? correct answers Interpersonal skills Managers are charged with completing the tasks that accomplish work and move the organization toward accomplishing goals. While performing these tasks, managers take on different roles. If a manager sought specifically to discuss issues and bargain with other units to gain advantages for their own unit, they would be acting in t...

no effect correct answers MM argue that a firm's dividend policy has ___ ___ on a stock's price dividends; capital gains correct answers Gordon and Lintner hypothesize that investors value a dollar of ____ more highly that a dollar of ____ _____. payout correct answers A company may be forced to increase its ____ ratio in order to avoid a tax on retained earnings deemed to be unnecessary for the conduct of the business capital gains; income correct answers Some stockholders prefer div...

The cost of capital for a new project: correct answers depends upon how the funds raised for that project are going to be spent. A company's current cost of capital is based on: correct answers both the returns currently required by its debtholders and stockholders. All else constant, which one of the following will increase a company's cost of equity if the company computes that cost using the security market line approach? Assume the firm currently pays an annual dividend of $1 a share...

What does WACC stand for? a: Working amount of corporate cash b: Weighted average company cost c: Weighted average cost of capital d: Working amount of corporate costs correct answers c: Weighted average cost of capital If the expected return of a project is below that of a financial asset of comparable risk, the firm should ______ the project. a: Accept b: Reject correct answers b: Reject One of the disadvantages of using historical returns to estimate the market risk premium is tha...

Forecasting risk is defined as the possibility that: -some proposed projects will be rejected. -some proposed projects will be temporarily delayed. -incorrect decisions will be made due to erroneous cash flow projections. -some projects will be mutually exclusive. -tax rates could change over the life of a project. correct answers incorrect decisions will be made due to erroneous cash flow projections. The key means of defending against forecasting risk is to: -rely primarily on the...

Financial managers should strive to maximize the current value per share of the existing stock because: correct answers the current stockholders are the owners of the corporation A general partner: correct answers has more management responsibility than a limited partner A partnership: correct answers terminates at the death of any general partner Which one of the following statements concerning a sole proprietorship is correct? correct answers The life of the firm is limited to the lif...

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one platoon system correct answers system where football players both offense and defense during games -began prior to 1950s-1960s two platoon system correct answers system where football teams began to use separate players for offense and defense with players specializing skills for certain positions; doubled cost of fielding football teams -began in 1960s Sherman Antitrust Act correct answers outlawed monopolistic business practices; reason why NCAA can no longer regulate/negotiate t...

Sport is correct answers "an institutionalized competitive activity involving two or more opponents and stressing physical exertion by serious competitors who represent or are part of formally organized associations" (Nixon, 1984, p. 13). "a competitive activity involving at least two competitors, requiring physical skill, following formal rules, and occurring within a formal organizational framework" (LeUnes, 2008, p. 5). Sport represents correct answers "well-established, officially go...