Question 1

The global network of servers and computers is called the Internet.

Accepted Answer

A) True 
 B)False

Question 2

Management is, above all else, a ______ process.

Accepted Answer

A)  Technical 
B)  Political 
C)  Social 
D)  Economic 
E)  Profit-oriented 
A)  Technical 
B)  Political 
C)  Social 
D)  Economic 
E)  Profit-oriented

Question 3

TQM is a popular label for the fix-it approach to quality.

Accepted Answer

A) True 
 B)False

Question 4

Chemistry and management are closely related, because of their common focus on resources.

Accepted Answer

A) True 
 B)False

Question 5

Congratulations! You have been hired by Bay Ridge Boats as a management consultant. The owners of Bay Ridge Boats are in their late 70's and planning to retire soon. They want to be sure they set their managers up for success so they have asked you to conduct a series of management workshops. The first workshop topic is to teach the managers about the five overarching sources of change.
•Prepare an outline of the five overarching sources of change.
•Discuss how these factors are reshaping the practice of management.
•Include in your essay suggestions for how this manufacturing firm that specializes in building powerboats can leverage these changes for competitive advantage.

Accepted Answer

Globalization 3/4 Figuratively speaking,

Question 6

Wilson isolated five functions he believes are common to all managers.

Accepted Answer

A) True 
 B)False

Question 7

In the Honeywell study, ____ percent of management knowledge was acquired from relationships with others, including bosses, mentors and coworkers.

Accepted Answer

A)  30 
B)  5 
C)  25 
D)  50 
E)  40 
A)  30 
B)  5 
C)  25 
D)  50 
E)  40

Question 8

Web 2.0 or social networking is comprised of user-generated content such as Facebook, YouTube, and Twitter.

Accepted Answer

A) True 
 B)False

Question 9

The emphasis on quality has evolved through four distinct stages since World War II. Listed chronologically, these stages are:

Accepted Answer

A)  Design-it-in, fix-it-in, copy-it-in, mix-it-in. 
B)  Build-it-in, design-it-in, copy-it-in, fix-it-in. 
C)  Copy-it-in, fix-it-in, build-it-in, design-it-in. 
D)  Fix-it-in, inspect-it-in, build-it-in, design-it-in. 
E)  Inspect-it-in, fix-it-in, design-it-in, build-it-in. 
A)  Design-it-in, fix-it-in, copy-it-in, mix-it-in. 
B)  Build-it-in, design-it-in, copy-it-in, fix-it-in. 
C)  Copy-it-in, fix-it-in, build-it-in, design-it-in. 
D)  Fix-it-in, inspect-it-in, build-it-in, design-it-in. 
E)  Inspect-it-in, fix-it-in, design-it-in, build-it-in.

Question 10

____ are general administrative duties that need to be carried out in virtually all productive organizations.

Accepted Answer

A)  Managerial tasks 
B)  Leadership traits 
C)  Goals and objectives 
D)  Managerial functions 
E)  Job descriptions 
A)  Managerial tasks 
B)  Leadership traits 
C)  Goals and objectives 
D)  Managerial functions 
E)  Job descriptions

Question 11

According to the Economist magazine's Top 10 list of leadership qualities, _____________was Number 1.

Accepted Answer

A)  Excellent communication skills 
B)  Concern for the environment 
C)  Strong financial background 
D)  A sound ethical compass 
E)  Critical thinking and problem solving 
A)  Excellent communication skills 
B)  Concern for the environment 
C)  Strong financial background 
D)  A sound ethical compass 
E)  Critical thinking and problem solving

Question 12

Product/service quality has become a driving force in all organizations, thanks to the work of quality guru Mary Parker Follett.

Accepted Answer

A) True 
 B)False

Question 13

____ is(are) always required by organizational objectives or goals.

Accepted Answer

A)  Management approval 
B)  Job descriptions 
C)  Collective action 
D)  Financial resources 
E)  Information gathering 
A)  Management approval 
B)  Job descriptions 
C)  Collective action 
D)  Financial resources 
E)  Information gathering

Question 14

Rachel is a management major who wants to start her own business after graduation. However, the 80 percent failure rate statistic that she hears all the time has her concerned. Based on recent research evidence, what should you tell her?

Accepted Answer

A)  She has an 18 percent chance of failure in the first eight years. 
B)  That statistic applies only to the high-tech businesses. 
C)  That statistic is limited to the manufacturing companies. 
D)  She has at least a 28 percent chance of success in the first three years. 
E)  The failure rate is only four percent in the first year. 
A)  She has an 18 percent chance of failure in the first eight years. 
B)  That statistic applies only to the high-tech businesses. 
C)  That statistic is limited to the manufacturing companies. 
D)  She has at least a 28 percent chance of success in the first three years. 
E)  The failure rate is only four percent in the first year.

Question 15

Which of the following is the driving force in the battle to stay competitive today?

Accepted Answer

A)  Product/service quality 
B)  Flexibility 
C)  Change 
D)  Teamwork 
E)  Speed 
A)  Product/service quality 
B)  Flexibility 
C)  Change 
D)  Teamwork 
E)  Speed

Question 16

Compared with general administrators, entrepreneurs can be best described by which one of these?

Accepted Answer

A)  Exhibit moderate-to-high risk taking behavior 
B)  Focus on the established present 
C)  Display a low-to-medium tolerance for ambiguity 
D)  Obtain motivation from a need to lead others 
E)  Possess managerial knowledge and experience 
A)  Exhibit moderate-to-high risk taking behavior 
B)  Focus on the established present 
C)  Display a low-to-medium tolerance for ambiguity 
D)  Obtain motivation from a need to lead others 
E)  Possess managerial knowledge and experience

Question 17

Drug abuse is the number one ethical problem in the workplace, according to a survey of employees.

Accepted Answer

A) True 
 B)False

Question 18

According to the U.S. Small Business Administration, businesses with less than 500 employees account for ____ percent of net new jobs.

Accepted Answer

A)  12 
B)  74 
C)  37 
D)  95 
E)  58 
A)  12 
B)  74 
C)  37 
D)  95 
E)  58

Question 19

A good term for management is "applied economics".

Accepted Answer

A) True 
 B)False

Question 20

Entrepreneurs tend to have ____ tolerance for ambiguity.

Accepted Answer

A)  average 
B)  medium-to-high 
C)  no 
D)  extremely high 
E)  below average 
A)  average 
B)  medium-to-high 
C)  no 
D)  extremely high 
E)  below average

The global network of servers and computers is called the Internet.

Management is, above all else, a ______ process.

TQM is a popular label for the fix-it approach to quality.

Chemistry and management are closely related, because of their common focus on resources.

Wilson isolated five functions he believes are common to all managers.

In the Honeywell study, ____ percent of management knowledge was acquired from relationships with others, including bosses, mentors and coworkers.

Web 2.0 or social networking is comprised of user-generated content such as Facebook, YouTube, and Twitter.

The emphasis on quality has evolved through four distinct stages since World War II. Listed chronologically, these stages are:

____ are general administrative duties that need to be carried out in virtually all productive organizations.

According to the Economist magazine's Top 10 list of leadership qualities, _____________was Number 1.

Product/service quality has become a driving force in all organizations, thanks to the work of quality guru Mary Parker Follett.

____ is(are) always required by organizational objectives or goals.

Rachel is a management major who wants to start her own business after graduation. However, the 80 percent failure rate statistic that she hears all the time has her concerned. Based on recent research evidence, what should you tell her?

Which of the following is the driving force in the battle to stay competitive today?

Compared with general administrators, entrepreneurs can be best described by which one of these?

Drug abuse is the number one ethical problem in the workplace, according to a survey of employees.

According to the U.S. Small Business Administration, businesses with less than 500 employees account for ____ percent of net new jobs.

A good term for management is "applied economics".

Entrepreneurs tend to have ____ tolerance for ambiguity.

The Evolution of Management Thought

The Changing Environment of Management: Diversity, Global Economy, and Technology

International Management and Cross-Cultural Competence

Managements Social and Ethical Responsibilities

The Basics of Planning and Project Management

Strategic Management: Planning for Long-Term Success

Decision Making and Creative Problem Solving

Organizations: Effectiveness, Design, and Cultures

Human Resource Management

Communicating in the Internet Age

Motivating Job Performance

Group Dynamics and Teamwork

Influence, Power, and Leadership

Change, Conflict, and Negotiation

Organizational Control and Quality Improvement

Filters

Exam 1: Managers and Entrepreneurs

The global network of servers and computers is called the Internet.

Management is, above all else, a ______ process.

TQM is a popular label for the fix-it approach to quality.

Chemistry and management are closely related, because of their common focus on resources.

Wilson isolated five functions he believes are common to all managers.

In the Honeywell study, ____ percent of management knowledge was acquired from relationships with others, including bosses, mentors and coworkers.

Web 2.0 or social networking is comprised of user-generated content such as Facebook, YouTube, and Twitter.

The emphasis on quality has evolved through four distinct stages since World War II. Listed chronologically, these stages are:

____ are general administrative duties that need to be carried out in virtually all productive organizations.

According to the Economist magazine's Top 10 list of leadership qualities, _____________was Number 1.

Product/service quality has become a driving force in all organizations, thanks to the work of quality guru Mary Parker Follett.

____ is(are) always required by organizational objectives or goals.

Rachel is a management major who wants to start her own business after graduation. However, the 80 percent failure rate statistic that she hears all the time has her concerned. Based on recent research evidence, what should you tell her?

Which of the following is the driving force in the battle to stay competitive today?

Compared with general administrators, entrepreneurs can be best described by which one of these?

Drug abuse is the number one ethical problem in the workplace, according to a survey of employees.

According to the U.S. Small Business Administration, businesses with less than 500 employees account for ____ percent of net new jobs.

A good term for management is "applied economics".

Entrepreneurs tend to have ____ tolerance for ambiguity.

The Evolution of Management Thought

The Changing Environment of Management: Diversity, Global Economy, and Technology

International Management and Cross-Cultural Competence

Managements Social and Ethical Responsibilities

The Basics of Planning and Project Management

Strategic Management: Planning for Long-Term Success

Decision Making and Creative Problem Solving

Organizations: Effectiveness, Design, and Cultures

Human Resource Management

Communicating in the Internet Age

Motivating Job Performance

Group Dynamics and Teamwork

Influence, Power, and Leadership

Change, Conflict, and Negotiation

Organizational Control and Quality Improvement

Filters