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Global Organization - Answer An organization that operates and competes in more than one country Global Environment - Answer The set of global forces and conditions that operates beyond an organization's boundaries but affects a manager's ability to acquire and utilize resources Task Environment - Answer The set of forces and conditions that originates with suppliers, distributors, customers, and competitors and affect an organization's ability to obtain inputs a...

ethics - Answer the inner guiding moral principles, values and beliefs that people use to analyze or interpret a situation and then decide what is the right or appropriate way to behave ethical dilemma - Answer the quandary people find themselves in when they have to decide if they should act in a way that might help another person or group and is the right thing to do, even though doing so might go against their own self-interest no - Answer do absolute or indisputable r...

in large organizations, planning usually takes place at ____ levels of management - Answer three unity - Answer have only one guiding plan continuity - Answer build and refine previous plans on an ongoing basis accuracy - Answer collect and use all available information flexibility - Answer alter or change plans when necessary principal corporate-level strategies include - Answer - diversification - vertical integration - international expansi...

Chapter 5 - Answer Managing Diverse Employees in a Multicultural Environment Diverse individuals have experienced and continue to experience - Answer unfair treatment in the workplace Glass Ceiling - Answer -the invisible barriers that prevent minorities and women from being promoted to top corporate positions. Who does better better as managers? women or men? - Answer women Equal Pay Act of 1963 - Answer men and women be paid equal Title VII of the C...

Organizations - Answer collections of people who work together to achieve goals management - Answer planning, organizing, and leading to achieve goals efficiently and effectively Organization Performance - Answer how efficiently and effectively managers use available resources to satisfy customers and goals Efficiency - Answer how productive resources are being used to obtain a goal Effectiveness - Answer how appropriate the goals are 4 Tasks of Manag...

Organizational performance - Answer A measure of how efficiently and effectively a manager uses resources to satisfy customers and achieve organizational goals. Organizational performance increases in direct proportion to increases in efficiency and effectiveness - Answer Organizational performance increases in direct proportion to increases in efficiency and effectiveness Efficiency - Answer A measure of how well or how productively resources are used to achieve a goal. ...

The willingness to be vulnerable to someone based on positive expectations of their actions and intentions is the definition of - Answer Trust The perceived fairness of an authority’s decision making is the definition of - Answer Justice A person who generally tends to trust other people has high - Answer Disposition-based trust The belief that someone genuinely wants to help us is a belief in their - Answer Benevolence Cognition-based trust is based in part...

Low Efficiency/ High Effectiveness - Answer manager chooses the right goals to pursue, but does a poor job of using resources to achieve these goals-> result: a product that customers want, but that is too expensive for them to buy Low Efficiency/ Low Effectiveness - Answer manager chooses wrong goals to pursue and makes poor use of resources --> result: a low-quality product that customers do not want High efficiency/ High effectiveness - Answer o BEST: manager cho...

Organizations - Answer collections of people who work together and coordinate their actions to achieve a wide variety of goals or desired future outcomes Management - Answer the planning, organizing, leading and controlling of human and other resources to achieve organizational goals efficiently and effectively Organizations resources - Answer include assets such as people and their skills, know-how, and experience; machinery; raw materials; computers and information tech...

1 Exam (elaborations) FIN2100 Ch. 14- 19 Test Questions and All Correct Answers 2025-2026 Updated. 2 Exam (elaborations) FIN 2100 Midterm 2 Test Questions and All Correct Answers 2025-2026 Updated. 3 Exam (elaborations) FIN 2100 Ch 8-13 Practice Questions and All Correct Answers.

Chapter 14 - Answer Beta - Answer Perfect correlation- 1 High risk- >1 Low risk- <1 IPO - Answer Means initial public offering. Occurs when a corporation sells stock to the general public for the first time. Issued in the primary market, typically highly prized. Systematic Risk - Answer Occurs because of overall risks in the market and the economy. Not possible to mitigate through diversification. Includes economic crisis, increasing interest rates, chan...

impulse buying - Answer Unplanned Buying. Can result in financial problems cooperative - Answer a non-profit organization whose member-owners may save money on certain products or services open dating - Answer information about freshness or shelf life found on the package of a perishable product. unit pricing - Answer The use of a standard unit of measurement to compare the prices of packages of different sizes. rebate - Answer a partial refund of the pr...

In a written dispute, the written terms of a signed sales agreement will prevail. True or false - Answer True You should always find your cheapest source of financing for a car prior to actually visiting the car dealership to shop for cars. True or false - Answer True Service warranty contracts are generally considered good deals. True or false. - Answer False What does PITI stand for and which of the four items are escrowed? - Answer Principal, interest, taxes a...

Inflation risk - Answer Rising prices, lost buying power Caused by overheated economy or supply shortages, easy money policies Lowers corporate profits, bad for stocks, good for commodities (gold) FED will increase interest rates to cool economy Deflation risk - Answer Falling prices, discourages borrowing and spending, sending a bad economy even lower The "Real Return" on Investments - Answer Your "real return" equals the after tax return minus inflation r...

Consumer Purchasing Phases - Answer 1. Pre-shopping - Information gathering/sources 2. Evaluation of Alternatives - Attribute assessment, Price analysis 3. Selection and Purchase - Negotiation, cash or credit, Buyer beware (subliminal sales pitches) 4. Postpurchase Activities - Maintenance, instructions, servicing. Service Contracts / extended warranties - Answer Generally a bad deal for consumers - Instead invest the premiums in savings account and buy high quality products ...

The recent trend is for the federal government and corporations to shift more responsibility to the individual with respect to providing for their financial future. - Answer True An individual who has an adjustable-rate mortgage (ARM) is primarily concerned about _____ risk. - Answer Interest rate Assume the following: Pre-tax return = 14.0% Tax rate = 25% Inflation rate = 4% What is your real return using the simple formula? - Answer Real Return = After-Tax Return - ...

In the event of a dispute, the written terms of the signed sales agreement will prevail t/f - Answer True You should always find your cheapest source of financing for a car prior to actually visiting a car dealer to shop for cars - Answer true Service warranty contracts are generally considered good deals. - Answer false what does PITIstand for, and which of these four items are escrowed each month - Answer principal and interest (paid to mortgage company), prop...

B - Answer An investor has 220 shares of Exxon/Mobil stock, which pays a quarterly dividend of $0.40 per share. What is his/her quarterly dividend payment? A. $40 B. $88 C. $550 D. $22 C - Answer An investor has 360 shares of Walmart, which just declared a 2 for 1 stock split. On the day before the stock split, the shares were trading at $80 per share. The day after the split, how many shares does the investor have and how much is each one worth? A. 40 shares, $720/per sh...

B - Answer What is the present value of $12,000 received in 5 years from now, assuming quarterly compounding at a 7% interest rate? A. 12,581.19 B. 8,481.89 C. 4,478.45 D. 0 A - Answer Assume you receive $1,200 for 10 years at the end of each year. What is the present value of this annuity assuming a 10% interest rate? A. 7,373.48 B. 8,481.45 C. 7,196.20 D. 6,963.47 C - Answer What is the future value of $500 today invested at a 5% interest rate, compounde...

C - Answer You currently are spending $80/year renting a pressure washer to clean your house. The cost of a new pressure washer is $400. If you bought the pressure washer, how many years would it take to obtain full payback on your original investment relative to renting (use a simple payback calculation). Note: Payback is a useful, but simplistic way to evaluate a purchasing decision that does not consider the time value of money. A quick payback implies a better deal, while a slower p...