Question 1

Midge thought anxiously about how to position her company for the future.By so doing,Midge functioned in the role Mintzberg called

Accepted Answer

A)  negotiator. 
B)  spokesperson. 
C)  entrepreneur. 
D)  resource allocator. 
E)  figurehead. 
A)  negotiator. 
B)  spokesperson. 
C)  entrepreneur. 
D)  resource allocator. 
E)  figurehead.

Question 2

Toyota's goal to sell 200 000 vehicles in Canada in 2012 illustrates which basic purpose of goal setting?

Accepted Answer

A)  Goal setting provides direction,guidance,and motivation for managers. 
B)  Goal setting helps firms allocate resources. 
C)  Goal setting helps to define corporate culture. 
D)  Goal setting helps managers assess performance. 
E)  None of the above. 
A)  Goal setting provides direction,guidance,and motivation for managers. 
B)  Goal setting helps firms allocate resources. 
C)  Goal setting helps to define corporate culture. 
D)  Goal setting helps managers assess performance. 
E)  None of the above.

Question 3

Many not-for-profit organizations are staffed by volunteers.This means that the organizing function is generally more important than it is in for-profit business firms where people are paid.

Accepted Answer

A) True 
 B)False

Question 4

Which of the following is (are)correct with respect to the concept of corporate culture?

Accepted Answer

A)  Surveys show that corporate culture does not have much of an impact on the behaviour of employees. 
B)  Most companies closely monitor their corporate cultures. 
C)  Respondents in the Edelman Trust Barometer survey said that trust (being able to count on businesses to do the right thing)was more important than the quality of products that businesses produced. 
D)  Changing a corporation's culture is relatively easy if the proper incentives to change are provided to employees. 
E)  All of the above are correct. 
A)  Surveys show that corporate culture does not have much of an impact on the behaviour of employees. 
B)  Most companies closely monitor their corporate cultures. 
C)  Respondents in the Edelman Trust Barometer survey said that trust (being able to count on businesses to do the right thing)was more important than the quality of products that businesses produced. 
D)  Changing a corporation's culture is relatively easy if the proper incentives to change are provided to employees. 
E)  All of the above are correct.

Question 5

Why is planning important?

Accepted Answer

- Planning is important since it is the

Question 6

With respect to the concepts of management roles and management functions,it is correct to say that

Accepted Answer

A)  focusing on management functions is a more effective way to view management than focusing on management roles. 
B)  the idea of management roles is more relevant for private sector companies,and the idea of management functions is more relevant for government organizations. 
C)  managers who focus on roles have more highly satisfied subordinates than managers who focus on functions. 
D)  management functions give us a good general idea of what managers do,while management roles give us an understanding of the specific details of managerial work. 
E)  all of these are correct. 
A)  focusing on management functions is a more effective way to view management than focusing on management roles. 
B)  the idea of management roles is more relevant for private sector companies,and the idea of management functions is more relevant for government organizations. 
C)  managers who focus on roles have more highly satisfied subordinates than managers who focus on functions. 
D)  management functions give us a good general idea of what managers do,while management roles give us an understanding of the specific details of managerial work. 
E)  all of these are correct.

Question 7

Mintzberg believes that there are three categories of roles that managers perform.They are

Accepted Answer

A)  inspirational,managerial,interpersonal. 
B)  interpersonal,informational,decision-making. 
C)  managerial,interpersonal,decision-making. 
D)  managerial,interpersonal,informational. 
E)  decision-making,inspirational,informational. 
A)  inspirational,managerial,interpersonal. 
B)  interpersonal,informational,decision-making. 
C)  managerial,interpersonal,decision-making. 
D)  managerial,interpersonal,informational. 
E)  decision-making,inspirational,informational.

Question 8

The ability to type,to create a spreadsheet,or to write a computer program are examples of which basic skill?

Accepted Answer

A)  Decision-making 
B)  Conceptual 
C)  Human relations 
D)  Time-management 
E)  Technical 
A)  Decision-making 
B)  Conceptual 
C)  Human relations 
D)  Time-management 
E)  Technical

Question 9

________ managers design and implement systems to gather,organize,and distribute data.

Accepted Answer

A)  Information 
B)  Finance 
C)  Operations 
D)  Human resources 
E)  Marketing 
A)  Information 
B)  Finance 
C)  Operations 
D)  Human resources 
E)  Marketing

Question 10

A study by Google found that technical expertise ranked last among a list of eight "Habits of Highly Effective Google Managers." What was at the top of the list?

Accepted Answer

A)  Bosses who had a strong concern for social responsibility and ethics. 
B)  Bosses who completed their work in a timely fashion. 
C)  Bosses who did what they promised. 
D)  Bosses who were even-tempered who made time for one-on-one meetings,and who helped subordinates work through problems. 
E)  Bosses who protected their employees from harassment by managers in other divisions. 
A)  Bosses who had a strong concern for social responsibility and ethics. 
B)  Bosses who completed their work in a timely fashion. 
C)  Bosses who did what they promised. 
D)  Bosses who were even-tempered who made time for one-on-one meetings,and who helped subordinates work through problems. 
E)  Bosses who protected their employees from harassment by managers in other divisions.

Question 11

The first step in basic decision making is to look for a problem to solve.

Accepted Answer

A) True 
 B)False

Question 12

What does "retrenchment" mean when discussing business strategy?

Accepted Answer

A)  A change in the mission for the organization 
B)  Ceasing to do business 
C)  Cutting back some operations 
D)  An increase in the market share for two or more products 
E)  Growth at a modest rate 
A)  A change in the mission for the organization 
B)  Ceasing to do business 
C)  Cutting back some operations 
D)  An increase in the market share for two or more products 
E)  Growth at a modest rate

Question 13

The final step in strategy formulation is to

Accepted Answer

A)  develop tactical plans. 
B)  develop operational plans. 
C)  conduct an environmental analysis. 
D)  match the organization and its environment. 
E)  conduct an organizational analysis. 
A)  develop tactical plans. 
B)  develop operational plans. 
C)  conduct an environmental analysis. 
D)  match the organization and its environment. 
E)  conduct an organizational analysis.

Question 14

When the Disney Wonder cruise ship was being planned,the company allowed for an extra two weeks between when the ship was supposed to be ready for sailing and its first scheduled cruise.This is an example of contingency planning.

Accepted Answer

A) True 
 B)False

Question 15

Which of the following is not supported by Mintzberg's research on chief executive officers?

Accepted Answer

A)  Managers work at an unrelenting pace. 
B)  Managers prefer "live" action. 
C)  Managerial activities are characterized by brevity. 
D)  Managers are attracted to the verbal media. 
E)  Managerial activities are characterized by a lack of variety. 
A)  Managers work at an unrelenting pace. 
B)  Managers prefer "live" action. 
C)  Managerial activities are characterized by brevity. 
D)  Managers are attracted to the verbal media. 
E)  Managerial activities are characterized by a lack of variety.

Question 16

What are the basic steps in decision making?

Accepted Answer

- Recognizing and defining the decision

Question 17

Burton Kawalski,Vice President of Personnel at QVJ Corporation,sat down at the bargaining table across from the leader of the union,Vladmir Ramonovitch.Burton's expertise in the managerial role Mintzberg called ________ was about to be tested.

Accepted Answer

A)  entrepreneur 
B)  liaison 
C)  disseminator 
D)  figurehead 
E)  negotiator 
A)  entrepreneur 
B)  liaison 
C)  disseminator 
D)  figurehead 
E)  negotiator

Question 18

Two companies may have the same purpose but very different mission statements.

Accepted Answer

A) True 
 B)False

Question 19

The ________ managers are responsible for planning and overseeing the firm's accounting function and publication of the annual report.

Accepted Answer

A)  marketing 
B)  financial 
C)  operations 
D)  human resources 
E)  information 
A)  marketing 
B)  financial 
C)  operations 
D)  human resources 
E)  information

Question 20

Identify the four leading causes of wasted time in the workplace.

Accepted Answer

To manage time effectively,man

Midge thought anxiously about how to position her company for the future.By so doing,Midge functioned in the role Mintzberg called

Toyota's goal to sell 200 000 vehicles in Canada in 2012 illustrates which basic purpose of goal setting?

Many not-for-profit organizations are staffed by volunteers.This means that the organizing function is generally more important than it is in for-profit business firms where people are paid.

Which of the following is (are)correct with respect to the concept of corporate culture?

Why is planning important?

With respect to the concepts of management roles and management functions,it is correct to say that

Mintzberg believes that there are three categories of roles that managers perform.They are

The ability to type,to create a spreadsheet,or to write a computer program are examples of which basic skill?

________ managers design and implement systems to gather,organize,and distribute data.

A study by Google found that technical expertise ranked last among a list of eight "Habits of Highly Effective Google Managers." What was at the top of the list?

The first step in basic decision making is to look for a problem to solve.

What does "retrenchment" mean when discussing business strategy?

The final step in strategy formulation is to

When the Disney Wonder cruise ship was being planned,the company allowed for an extra two weeks between when the ship was supposed to be ready for sailing and its first scheduled cruise.This is an example of contingency planning.

Which of the following is not supported by Mintzberg's research on chief executive officers?

What are the basic steps in decision making?

Burton Kawalski,Vice President of Personnel at QVJ Corporation,sat down at the bargaining table across from the leader of the union,Vladmir Ramonovitch.Burton's expertise in the managerial role Mintzberg called ________ was about to be tested.

Two companies may have the same purpose but very different mission statements.

The ________ managers are responsible for planning and overseeing the firm's accounting function and publication of the annual report.

Identify the four leading causes of wasted time in the workplace.

Understanding the Canadian Business System

Understanding the Environments of Business

Conducting Business Ethically and Responsibly

Understanding Entrepreneurship, small Business, and New Venture Creation

The Global Context of Business

Managing Human Resources

Understanding Labourmanagement Relations

Motivating and Leading Employees

Producing Goods and Services

Increasing Productivity and Quality

Managing Information Systems and Communication Technology

Understanding Accounting Issues

Understanding Marketing Processes and Consumer Behaviour

Developing and Promoting Goods and Services

Pricing and Distributing Goods and Services

Understanding Money and Banking

Understanding Securities and Investments

Financial Decisions and Risk Management

Filters

Exam 6: Managing the Business Enterprise

Midge thought anxiously about how to position her company for the future.By so doing,Midge functioned in the role Mintzberg called

Toyota's goal to sell 200 000 vehicles in Canada in 2012 illustrates which basic purpose of goal setting?

Many not-for-profit organizations are staffed by volunteers.This means that the organizing function is generally more important than it is in for-profit business firms where people are paid.

Which of the following is (are)correct with respect to the concept of corporate culture?

Why is planning important?

With respect to the concepts of management roles and management functions,it is correct to say that

Mintzberg believes that there are three categories of roles that managers perform.They are

The ability to type,to create a spreadsheet,or to write a computer program are examples of which basic skill?

________ managers design and implement systems to gather,organize,and distribute data.

A study by Google found that technical expertise ranked last among a list of eight "Habits of Highly Effective Google Managers." What was at the top of the list?

The first step in basic decision making is to look for a problem to solve.

What does "retrenchment" mean when discussing business strategy?

The final step in strategy formulation is to

When the Disney Wonder cruise ship was being planned,the company allowed for an extra two weeks between when the ship was supposed to be ready for sailing and its first scheduled cruise.This is an example of contingency planning.

Which of the following is not supported by Mintzberg's research on chief executive officers?

What are the basic steps in decision making?

Burton Kawalski,Vice President of Personnel at QVJ Corporation,sat down at the bargaining table across from the leader of the union,Vladmir Ramonovitch.Burton's expertise in the managerial role Mintzberg called ________ was about to be tested.

Two companies may have the same purpose but very different mission statements.

The ________ managers are responsible for planning and overseeing the firm's accounting function and publication of the annual report.

Identify the four leading causes of wasted time in the workplace.

Understanding the Canadian Business System

Understanding the Environments of Business

Conducting Business Ethically and Responsibly

Understanding Entrepreneurship, small Business, and New Venture Creation

The Global Context of Business

Managing Human Resources

Understanding Labourmanagement Relations

Motivating and Leading Employees

Producing Goods and Services

Increasing Productivity and Quality

Managing Information Systems and Communication Technology

Understanding Accounting Issues

Understanding Marketing Processes and Consumer Behaviour

Developing and Promoting Goods and Services

Pricing and Distributing Goods and Services

Understanding Money and Banking

Understanding Securities and Investments

Financial Decisions and Risk Management

Filters