Question 1

Are management functions just as applicable in not-for-profit organizations as they are for profit-seeking corporations?

Accepted Answer

Regardless of the end objectiv

Question 2

Cecil and Cyrus,two of Simpson's top employees,stormed into their manager's office.Both were intent on securing approval from her for projects they were proposing for the company.Shelly Simpson,manager at Soho,Howso,Tatso & Associates,was about to function in the role Mintzberg identified as the

Accepted Answer

A)  resource allocator. 
B)  entrepreneur. 
C)  figurehead. 
D)  liaison. 
E)  monitor. 
A)  resource allocator. 
B)  entrepreneur. 
C)  figurehead. 
D)  liaison. 
E)  monitor.

Question 3

Two executives at Lexar Corp.are having a disagreement about the managerial skills needed by the person who will be hired to head up an important software development project.Executive A argues that the person must have strong technical skills and be very knowledgeable about the latest technology that is relevant for the project,but Executive B says that the person who heads up the project must first and foremost have strong conceptual skills.Which of the following statements is MOST similar to the reasoning employed by Executive A?

Accepted Answer

A)  The technical requirements may change as the project develops.Because of that,a project leader should be chosen who is very versatile in terms of skills. 
B)  Since it is obvious that we have a lot of office furniture to move,we should get the largest truck possible. 
C)  Because the project that is planned requires both human relations and conceptual skills,we should hire two managers,one with strong human relations skills and one with strong conceptual skills. 
D)  If we choose a site for our sales conference that is close to our workplace we would save on travel costs,but some employees would probably prefer to travel to some exotic location that is far away.We can't meet both those goals,so let's focus on the goal that is easiest to accomplish. 
E)  We want the design of our new office building to impress visitors,but we can't possibly let that be the dominant factor in our decision since we only get a few visitors.So,we should save money by choosing an energy-efficient design for the building. 
A)  The technical requirements may change as the project develops.Because of that,a project leader should be chosen who is very versatile in terms of skills. 
B)  Since it is obvious that we have a lot of office furniture to move,we should get the largest truck possible. 
C)  Because the project that is planned requires both human relations and conceptual skills,we should hire two managers,one with strong human relations skills and one with strong conceptual skills. 
D)  If we choose a site for our sales conference that is close to our workplace we would save on travel costs,but some employees would probably prefer to travel to some exotic location that is far away.We can't meet both those goals,so let's focus on the goal that is easiest to accomplish. 
E)  We want the design of our new office building to impress visitors,but we can't possibly let that be the dominant factor in our decision since we only get a few visitors.So,we should save money by choosing an energy-efficient design for the building.

Question 4

Escalation of commitment means investing more money in a project,but only after it is clear that the project is worthwhile.

Accepted Answer

A) True 
 B)False

Question 5

What is intuition?

Accepted Answer

Basing decisions on

Question 6

Which of the following factors most strongly shapes corporate culture?

Accepted Answer

A)  The values held by the board of directors 
B)  The values of the founders of the company 
C)  Strong behavioural norms 
D)  The profitability of the company 
E)  It is not possible to say for sure 
A)  The values held by the board of directors 
B)  The values of the founders of the company 
C)  Strong behavioural norms 
D)  The profitability of the company 
E)  It is not possible to say for sure

Question 7

The ________ skills are those needed to perform specialized tasks.

Accepted Answer

A)  time-management 
B)  technical 
C)  human relations 
D)  conceptual 
E)  decision-making 
A)  time-management 
B)  technical 
C)  human relations 
D)  conceptual 
E)  decision-making

Question 8

The shared experiences,stories,beliefs,and norms that characterize an organization are referred to as organizational structure.

Accepted Answer

A) True 
 B)False

Question 9

John is the manager who is responsible for production,inventory,and quality control.He is a(n)__________ manager.

Accepted Answer

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

Question 10

Reebok wants to make a profit by manufacturing and selling athletic shoes and related merchandise.This is their

Accepted Answer

A)  strategic goal. 
B)  long-term goal. 
C)  purpose. 
D)  short-term goal. 
E)  mission. 
A)  strategic goal. 
B)  long-term goal. 
C)  purpose. 
D)  short-term goal. 
E)  mission.

Question 11

The term SWOT analysis stands for the identification of _______,_________,___________,and ___________.

Accepted Answer

A)  strengths,weaknesses,organization,and technology 
B)  standardization,weaknesses,organization,and threats 
C)  strategy,work-sharing,optimism,and technology 
D)  structure,wi-fi,opportunities,and technology 
E)  strengths,weaknesses,opportunities,and threats 
A)  strengths,weaknesses,organization,and technology 
B)  standardization,weaknesses,organization,and threats 
C)  strategy,work-sharing,optimism,and technology 
D)  structure,wi-fi,opportunities,and technology 
E)  strengths,weaknesses,opportunities,and threats

Question 12

Marjorie heard somewhere that companies with strong cultures look favourably on employees that have knowledge of the organization's history.She also knows that employees at her firm lack such knowledge,so she concludes that her firm doesn't have a strong culture.What is the flaw in her reasoning?

Accepted Answer

A)  It does not consider the possibility that her company's long history has inspired its employees. 
B)  It assumes that companies with strong cultures adopt basically the same culture. 
C)  It makes the assumption that the strength of a corporate culture has no effect on that company's performance. 
D)  It is based on the belief that if you can find a few exceptions,you can reasonably invalidate a rule that supposedly applies in most cases. 
E)  It assumes that employees' knowledge of company history is necessary in order to have a strong corporate culture. 
A)  It does not consider the possibility that her company's long history has inspired its employees. 
B)  It assumes that companies with strong cultures adopt basically the same culture. 
C)  It makes the assumption that the strength of a corporate culture has no effect on that company's performance. 
D)  It is based on the belief that if you can find a few exceptions,you can reasonably invalidate a rule that supposedly applies in most cases. 
E)  It assumes that employees' knowledge of company history is necessary in order to have a strong corporate culture.

Question 13

The purpose of the four-part management process is to

Accepted Answer

A)  determine what the organization needs to do. 
B)  create jobs for society. 
C)  monitor the organization's performance in order to ensure that goals are achieved. 
D)  increase employee satisfaction. 
E)  achieve the organization's goals of supplying various products and services to society. 
A)  determine what the organization needs to do. 
B)  create jobs for society. 
C)  monitor the organization's performance in order to ensure that goals are achieved. 
D)  increase employee satisfaction. 
E)  achieve the organization's goals of supplying various products and services to society.

Question 14

Effective time management is not as important for top managers as it is for first-line supervisors because first-line supervisors are faced with constant short-term deadlines,while top managers focus their attention on longer-term issues where they have more time to reflect about what they should do.

Accepted Answer

A) True 
 B)False

Question 15

Gildan Activewear is pursuing a cost leadership business-level strategy.

Accepted Answer

A) True 
 B)False

Question 16

Over the years,the PC and printing divisions at Hewlett-Packard have sometimes been combined and sometimes been separate.These changes illustrate the organizing function of management.

Accepted Answer

A) True 
 B)False

Question 17

What is organizational analysis?

Accepted Answer

Organizational analy

Question 18

List the five basic management skills.

Accepted Answer

Technical,human rela

Question 19

Contingency planning is an organization's method for dealing with emergencies.

Accepted Answer

A) True 
 B)False

Question 20

When Airbus decided to develop and manufacture a new jumbo jet to meet the demand for increased international travel,it was involved in what stage of the rational decision-making process?

Accepted Answer

A)  Select the best alternative 
B)  Identify alternatives 
C)  Evaluate alternatives 
D)  Implement the chosen alternative 
E)  Follow up and evaluate the results 
A)  Select the best alternative 
B)  Identify alternatives 
C)  Evaluate alternatives 
D)  Implement the chosen alternative 
E)  Follow up and evaluate the results

Are management functions just as applicable in not-for-profit organizations as they are for profit-seeking corporations?

Cecil and Cyrus,two of Simpson's top employees,stormed into their manager's office.Both were intent on securing approval from her for projects they were proposing for the company.Shelly Simpson,manager at Soho,Howso,Tatso & Associates,was about to function in the role Mintzberg identified as the

Escalation of commitment means investing more money in a project,but only after it is clear that the project is worthwhile.

What is intuition?

Which of the following factors most strongly shapes corporate culture?

The ________ skills are those needed to perform specialized tasks.

The shared experiences,stories,beliefs,and norms that characterize an organization are referred to as organizational structure.

John is the manager who is responsible for production,inventory,and quality control.He is a(n)__________ manager.

Reebok wants to make a profit by manufacturing and selling athletic shoes and related merchandise.This is their

The term SWOT analysis stands for the identification of ___,_,_,and _____.

Marjorie heard somewhere that companies with strong cultures look favourably on employees that have knowledge of the organization's history.She also knows that employees at her firm lack such knowledge,so she concludes that her firm doesn't have a strong culture.What is the flaw in her reasoning?

The purpose of the four-part management process is to

Gildan Activewear is pursuing a cost leadership business-level strategy.

Over the years,the PC and printing divisions at Hewlett-Packard have sometimes been combined and sometimes been separate.These changes illustrate the organizing function of management.

What is organizational analysis?

List the five basic management skills.

Contingency planning is an organization's method for dealing with emergencies.

When Airbus decided to develop and manufacture a new jumbo jet to meet the demand for increased international travel,it was involved in what stage of the rational decision-making process?

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

Are management functions just as applicable in not-for-profit organizations as they are for profit-seeking corporations?

Cecil and Cyrus,two of Simpson's top employees,stormed into their manager's office.Both were intent on securing approval from her for projects they were proposing for the company.Shelly Simpson,manager at Soho,Howso,Tatso & Associates,was about to function in the role Mintzberg identified as the

Escalation of commitment means investing more money in a project,but only after it is clear that the project is worthwhile.

What is intuition?

Which of the following factors most strongly shapes corporate culture?

The ________ skills are those needed to perform specialized tasks.

The shared experiences,stories,beliefs,and norms that characterize an organization are referred to as organizational structure.

John is the manager who is responsible for production,inventory,and quality control.He is a(n)__________ manager.

Reebok wants to make a profit by manufacturing and selling athletic shoes and related merchandise.This is their

The term SWOT analysis stands for the identification of _______,_________,___________,and ___________.

Marjorie heard somewhere that companies with strong cultures look favourably on employees that have knowledge of the organization's history.She also knows that employees at her firm lack such knowledge,so she concludes that her firm doesn't have a strong culture.What is the flaw in her reasoning?

The purpose of the four-part management process is to

Gildan Activewear is pursuing a cost leadership business-level strategy.

Over the years,the PC and printing divisions at Hewlett-Packard have sometimes been combined and sometimes been separate.These changes illustrate the organizing function of management.

What is organizational analysis?

List the five basic management skills.

Contingency planning is an organization's method for dealing with emergencies.

When Airbus decided to develop and manufacture a new jumbo jet to meet the demand for increased international travel,it was involved in what stage of the rational decision-making process?

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

The term SWOT analysis stands for the identification of ___,_,_,and _____.