ICMP-Management essentials test 1

1. You paid your neighbor $50 to cut your grass while you were on vacation. However, for no apparent reason, he didn't cut your grass while you were away. What has your neighbor committed?

• obligation violation

• breach of contract

• nonperformance endorsement

• termination by association

2. In which type of communication network do managers tend to communicate more with other managers whose offices are close to their own?

• All-Channel

• Chain

• Wheel

• Circle

3. ___________ information gives managers what they need to know to exercise control, coordinate activities, or make an effective decision.

• Relevant

• Complete

• Timely

• Real-time

4. Which is a major criticism of the idea that actions can be taken to benefit both businesses and the environment?

• Being "green" doesn?t provide full pay back to the firm

• Being "green" is a viable long-term business strategy.

• Being "green" is a potential catalyst for innovation.

• Being "green" leads to new market opportunities.

5. Which refers to the standards of moral behavior?

• Integrity

• Ethics

• Legality

• Responsibility

6. Which are the paths along which information flows within an organization?

• information richness

• filtering paths

• noise

• communication networks

7. What type of decisions are reached by an established procedure or policy?

• programmed decisions

• irrational decisions

• non programmed decisions

• intuitive decisions

8. In an effort to promote rapid growth, a country's government has kept taxes low, done little to regulate business activities, and implemented only modest social programs. Which approach has the government taken?

• a purely socialist approach

• a predominantly capitalist approach

• a purely capitalist approach

• a predominantly socialist approach

9. Which type of decision is based on past experience and immediate feelings about the available information?

• an intuitive decision

• a heuristical decision

• a non programmed decision

• a programmed decision

10. Which is the arrangement of relationships between individuals in a society?

• legal structure

• political structure

• competitive structure

• social structure