Exam 3: The Environment and Corporate Culture

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Scenario - Melissa Hill Melissa Hill, sales manager for One-Hit-Wonder Record Company, was trying to create a new strategy to turn around the declining record sales the company was facing. Melissa needed to find a way to find out what the customers really wanted, since One-Hit-Wonder didn't have accurate information like the competitors did. It was imperative that she find the correct strategy and information because the company was in financial trouble. The company's President wanted all employees to help find information and work as a team to develop better relationships that might help the company. He also stated that he wanted the company to remain an independent company. Melissa realized that through hard work and team efforts, the company could get back on its feet as soon as they got reliable information. -Which of the following best describes One-Hit-Wonder's culture?

(Multiple Choice)
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The economic dimension of the general environment includes consumer purchasing power.

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An interest group that works within the legal-political framework to influence companies to behave in socially responsible ways is called a(n)

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McDonald's "We Love to See You Smile" represents a

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The raw materials that organizations use to produce its outputs are provided by customers.

(True/False)
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Ally's Applesauce is in the process of hiring sixty new workers. The personnel department has a large pool of unskilled labor to draw from due to the high unemployment rate in the local area. Which dimension of the external environment is involved here?

(Multiple Choice)
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In a joint venture between large and small businesses, large businesses can provide all of the following EXCEPT

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Adaptability culture emerges in an environment that requires ____________________ response and ____________________ decision making.

(Short Answer)
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Concern for the environment has prompted companies to take all of the following actions, EXCEPT:

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Anyone considering doing business in China, according to Manager's Shoptalk in Chapter 3, should keep in mind all of the following rules except:

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____________________, ____________________, and ____________________ are three types of strategies that organizations can use to adapt to environmental changes.

(Short Answer)
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Scenario - Melissa Hill Melissa Hill, sales manager for One-Hit-Wonder Record Company, was trying to create a new strategy to turn around the declining record sales the company was facing. Melissa needed to find a way to find out what the customers really wanted, since One-Hit-Wonder didn't have accurate information like the competitors did. It was imperative that she find the correct strategy and information because the company was in financial trouble. The company's President wanted all employees to help find information and work as a team to develop better relationships that might help the company. He also stated that he wanted the company to remain an independent company. Melissa realized that through hard work and team efforts, the company could get back on its feet as soon as they got reliable information. -The problem Melissa faced was

(Multiple Choice)
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An example of part of the legal-political dimension of the general environment is a government's report on the decline of unemployment rate.

(True/False)
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Which of the following cultures is suited to organizations that are concerned with servicing specific customers in the external environment but without the intense need for flexibility and rapid change?

(Multiple Choice)
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Factors external to the organizations have been primarily the focus of management as a discipline.

(True/False)
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A high-performance culture is based on all of the following except

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What are managers concerned with in adaptive cultures?

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The ____________________ environment includes the sectors that conduct day-to-day transactions within the organization.

(Short Answer)
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Briefly describe the task environment and its four primary sectors

(Essay)
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The ____________________ environment represents an ever-changing and uneven playing field compared with domestic environment.

(Short Answer)
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