Question 1

Describe the final step in the strategic planning process.Provide an example.

Accepted Answer

The final step in the strategic planning

Question 2

Complete the following using the terms listed.
-The number of employees a manager supervises is referred to as the _____.

Accepted Answer

A) corporate culture 
B) Management 
C) organization 
D) Top management 
E) Departmentalization
F)Vision
G)delegation
H)matrix structure
I)span of management
J)controlling
K)decentralization
L)chain of command
M)SWOT analysis
N)Contingency planning
O)nonprogrammed decision
P)autocratic leaders
Q)Human skills
R)mission statement
S)competitive differentiation
T)Empowerment 
A) corporate culture 
B) Management 
C) organization 
D) Top management 
E) Departmentalization
F)Vision
G)delegation
H)matrix structure
I)span of management
J)controlling
K)decentralization
L)chain of command
M)SWOT analysis
N)Contingency planning
O)nonprogrammed decision
P)autocratic leaders
Q)Human skills
R)mission statement
S)competitive differentiation
T)Empowerment

Question 3

A(n)_____ can help clarify the structure of a company.

Accepted Answer

A) mission statement 
B) operational plan 
C) contingency plan 
D) organization chart 
A) mission statement 
B) operational plan 
C) contingency plan 
D) organization chart

Question 4

Define operational planning.How is this different from strategic planning? Provide an example.

Accepted Answer

Operational planning creates the detaile

Question 5

Firms organized around business functions such as finance,marketing,and production have process departmentalization.

Accepted Answer

A) True 
 B)False

Question 6

Democratic leaders _____.

Accepted Answer

A) are always the most effective leaders 
B) let people know only what they need to know to do their jobs 
C) involve their subordinates in the decision-making process 
D) leave all decisions to their subordinates 
A) are always the most effective leaders 
B) let people know only what they need to know to do their jobs 
C) involve their subordinates in the decision-making process 
D) leave all decisions to their subordinates

Question 7

Kiki strongly believes that freshmen need credit counseling,so she begins a not-for-profit organization devoted to this need.Which of the following is depicted in this scenario?

Accepted Answer

A) Monitoring strategic plans 
B) Performing the controlling function 
C) Setting a vision 
D) Executing organizational objectives 
A) Monitoring strategic plans 
B) Performing the controlling function 
C) Setting a vision 
D) Executing organizational objectives

Question 8

Complete the following using the terms listed.
-An organization's system of principles,beliefs,and values is called _____.

Accepted Answer

A) corporate culture 
B) Management 
C) organization 
D) Top management 
E) Departmentalization
F)Vision
G)delegation
H)matrix structure
I)span of management
J)controlling
K)decentralization
L)chain of command
M)SWOT analysis
N)Contingency planning
O)nonprogrammed decision
P)autocratic leaders
Q)Human skills
R)mission statement
S)competitive differentiation
T)Empowerment 
A) corporate culture 
B) Management 
C) organization 
D) Top management 
E) Departmentalization
F)Vision
G)delegation
H)matrix structure
I)span of management
J)controlling
K)decentralization
L)chain of command
M)SWOT analysis
N)Contingency planning
O)nonprogrammed decision
P)autocratic leaders
Q)Human skills
R)mission statement
S)competitive differentiation
T)Empowerment

Question 9

In a line organization,the chain of command is complex.

Accepted Answer

A) True 
 B)False

Question 10

A SWOT analysis is set in stone and serves as a constant reminder of a company's strengths and continuing threats.

Accepted Answer

A) True 
 B)False

Question 11

Most top executives started out as:

Accepted Answer

A) technical experts. 
B) chartered accountants. 
C) human relations executives. 
D) marketing professionals. 
A) technical experts. 
B) chartered accountants. 
C) human relations executives. 
D) marketing professionals.

Question 12

Free-rein leaders allow subordinates to make most of the decisions and communicate with employees frequently,as the situations warrants.

Accepted Answer

A) True 
 B)False

Question 13

Which of the following forms of organizations is common in midsize and large firms?

Accepted Answer

A) A committee organization 
B) A line organization 
C) A line-and-staff organization 
D) A matrix organization 
A) A committee organization 
B) A line organization 
C) A line-and-staff organization 
D) A matrix organization

Question 14

How is a company's objective different from its mission statement?

Accepted Answer

A) Unlike an objective,a mission statement is measurable. 
B) Unlike a mission statement,an objective is concrete. 
C) Unlike a mission statement,an objective is constant. 
D) Unlike an objective,a mission statement includes strategies. 
A) Unlike an objective,a mission statement is measurable. 
B) Unlike a mission statement,an objective is concrete. 
C) Unlike a mission statement,an objective is constant. 
D) Unlike an objective,a mission statement includes strategies.

Question 15

Mark is a manager at Zamron Inc.He develops plans for the company based on its objectives and proceeds to organize by dividing tasks among employees.In the context of the four basic managerial functions,which of the following should be Mark's immediate step?

Accepted Answer

A) Translating the company's vision into a mission statement 
B) Guiding and motivating employees to accomplish the company's objectives 
C) Guiding the near-term activities required to implement overall strategies 
D) Comparing the company's actual performance with the established standards 
A) Translating the company's vision into a mission statement 
B) Guiding and motivating employees to accomplish the company's objectives 
C) Guiding the near-term activities required to implement overall strategies 
D) Comparing the company's actual performance with the established standards

Question 16

Elisa,the marketing manager of SourceAll,allows her subordinates to make most of the decisions in their department on their own.Elisa's leadership style can best be described as _____.

Accepted Answer

A) free-rein 
B) autocratic 
C) democratic 
D) persuasive 
A) free-rein 
B) autocratic 
C) democratic 
D) persuasive

Question 17

Autocratic leadership includes subordinates in the decision-making process.

Accepted Answer

A) True 
 B)False

Question 18

John works for an automotive company.He devises long-term plans,performs thorough analyses,and makes decisions for the company.Given the activities he performs,John is most likely to be a _____.

Accepted Answer

A) supervisory manager 
B) middle manager 
C) low-level manager 
D) top-level manager 
A) supervisory manager 
B) middle manager 
C) low-level manager 
D) top-level manager

Question 19

Jeremy is faced with making a decision about selecting a local supplier.He has researched the advantages and disadvantages of three local suppliers.What should Jeremy do next?

Accepted Answer

A) Recognize the problems in choosing a supplier. 
B) Follow up on the effectiveness of his decision. 
C) Select and approach one of the suppliers. 
D) Delay making the decision. 
A) Recognize the problems in choosing a supplier. 
B) Follow up on the effectiveness of his decision. 
C) Select and approach one of the suppliers. 
D) Delay making the decision.

Question 20

Who are most likely to make decisions regarding the purchase of other companies?

Accepted Answer

A) General managers 
B) First-line managers 
C) Supervisors 
D) Top managers 
A) General managers 
B) First-line managers 
C) Supervisors 
D) Top managers

Describe the final step in the strategic planning process.Provide an example.

Complete the following using the terms listed. -The number of employees a manager supervises is referred to as the _____.

A(n)_____ can help clarify the structure of a company.

Define operational planning.How is this different from strategic planning? Provide an example.

Firms organized around business functions such as finance,marketing,and production have process departmentalization.

Democratic leaders _____.

Kiki strongly believes that freshmen need credit counseling,so she begins a not-for-profit organization devoted to this need.Which of the following is depicted in this scenario?

Complete the following using the terms listed. -An organization's system of principles,beliefs,and values is called _____.

In a line organization,the chain of command is complex.

A SWOT analysis is set in stone and serves as a constant reminder of a company's strengths and continuing threats.

Most top executives started out as:

Free-rein leaders allow subordinates to make most of the decisions and communicate with employees frequently,as the situations warrants.

Which of the following forms of organizations is common in midsize and large firms?

How is a company's objective different from its mission statement?

Mark is a manager at Zamron Inc.He develops plans for the company based on its objectives and proceeds to organize by dividing tasks among employees.In the context of the four basic managerial functions,which of the following should be Mark's immediate step?

Elisa,the marketing manager of SourceAll,allows her subordinates to make most of the decisions in their department on their own.Elisa's leadership style can best be described as _____.

Autocratic leadership includes subordinates in the decision-making process.

John works for an automotive company.He devises long-term plans,performs thorough analyses,and makes decisions for the company.Given the activities he performs,John is most likely to be a _____.

Jeremy is faced with making a decision about selecting a local supplier.He has researched the advantages and disadvantages of three local suppliers.What should Jeremy do next?

Who are most likely to make decisions regarding the purchase of other companies?

The Changing Face of Business

Business Ethics and Social Responsibility

Economic Challenges Facing Todays Business

Competing in World Markets

Forms of Business Ownership and Organization

Starting Your Own Business: the Entrepreneurship Alternative

Human Resource Management: From Recruitment to Labor Relations

Top Performance Through Empowerment, teamwork, and Communication

Production and Operations Management

Customer-Driven Marketing

Product and Distribution Strategies

Promotion and Pricing Strategies

Using Technology to Manage Information

Understanding Accounting and Financial Statements

The Financial System

Financial Management

Trends in E-Commerce

Filters

Exam 7: Management,leadership,and the Internal Organization

Describe the final step in the strategic planning process.Provide an example.

Complete the following using the terms listed. -The number of employees a manager supervises is referred to as the _____.

A(n)_____ can help clarify the structure of a company.

Define operational planning.How is this different from strategic planning? Provide an example.

Firms organized around business functions such as finance,marketing,and production have process departmentalization.

Democratic leaders _____.

Kiki strongly believes that freshmen need credit counseling,so she begins a not-for-profit organization devoted to this need.Which of the following is depicted in this scenario?

Complete the following using the terms listed. -An organization's system of principles,beliefs,and values is called _____.

In a line organization,the chain of command is complex.

A SWOT analysis is set in stone and serves as a constant reminder of a company's strengths and continuing threats.

Most top executives started out as:

Free-rein leaders allow subordinates to make most of the decisions and communicate with employees frequently,as the situations warrants.

Which of the following forms of organizations is common in midsize and large firms?

How is a company's objective different from its mission statement?

Mark is a manager at Zamron Inc.He develops plans for the company based on its objectives and proceeds to organize by dividing tasks among employees.In the context of the four basic managerial functions,which of the following should be Mark's immediate step?

Elisa,the marketing manager of SourceAll,allows her subordinates to make most of the decisions in their department on their own.Elisa's leadership style can best be described as _____.

Autocratic leadership includes subordinates in the decision-making process.

John works for an automotive company.He devises long-term plans,performs thorough analyses,and makes decisions for the company.Given the activities he performs,John is most likely to be a _____.

Jeremy is faced with making a decision about selecting a local supplier.He has researched the advantages and disadvantages of three local suppliers.What should Jeremy do next?

Who are most likely to make decisions regarding the purchase of other companies?

The Changing Face of Business

Business Ethics and Social Responsibility

Economic Challenges Facing Todays Business

Competing in World Markets

Forms of Business Ownership and Organization

Starting Your Own Business: the Entrepreneurship Alternative

Human Resource Management: From Recruitment to Labor Relations

Top Performance Through Empowerment, teamwork, and Communication

Production and Operations Management

Customer-Driven Marketing

Product and Distribution Strategies

Promotion and Pricing Strategies

Using Technology to Manage Information

Understanding Accounting and Financial Statements

The Financial System

Financial Management

Trends in E-Commerce

Filters