The primary objective of a commercial business is to maintain growth, generate profits and continue as a going concern.

Is this statement true or false?

The market growth stage of the product life cycle is characterized by increased demand, a decline in unit production costs, and increased earnings and cash flow generation.

Is this statement true or false?

Which of the following best summarizes the purpose of organizational controls?

Marketing is mainly concerned with which one of the following?

Which of the following organisations would rely most heavily on value for money indicators and efficiency rather than information on performance and profitability?

Which one of the following sources of finance would be available to a governmental local authority (city hall)

In marketing, the '4Ps' relate to the marketing mix for products, with the '7Ps' relating to the marketing mix for service providers.

What are the additional Ps that relate to the marketing mix for service providers?

We need to ensure that, at the end of the day, our new computer is put "in front of everyone, no matter who they are, what they do or where they go, they need to know about it so they can buy it."

Which of the marketing "4Ps" is relevant to this situation?

Rozprakitka is a company that sells electronic goods through its website. As with similar companies, customer can search the website to find the item they are looking for. Each product is fully described and links are embedded within the product page to the manufacturer's website as well as to customer and independent reviews. If the customer wishes to purchase the item they may add it to their "shopping trolley" and pay for what they have purchased on "checkout". The goods are then delivered to them by courier.

What elements of the marketing mix are demonstrated by the website?

Which of the following is an advantage of centralization in an organisation with a dispersed network of offices?

The performance of non-governmental organisation is most often measured in respect of which of the following?

SWOT analysis is used by management as a tool primarily to identify external factors that may impact the strategic plans of organisation.

Is this statement true or false?

Porter's value chain is a tool used by management to analyse how strategically significant activities and support activities of an organisation are linked and add value to the product or service provided to its customers.

Is this statement true or false?

What is the primary reason for outsourcing a support activity necessary in an organisation?

Which of the following includes four examples of the seven rights of individuals regarding information that is stored about them?

Porters five forces collectively determine, for a single company, which one of the following?

A matrix structure is suitable for a company that provides project-based contractual services to a few major customers using highly skilled professional employees.

Is this statement true or false?

What type of organisation structure is usually decentralised and task-oriented with a smaller scalar chain and larger span of management control?

An organisation would consider offshoring its manufacturing operation in order to lower costs and gain access to skilled production labour.

Is this statement true or false?

At which level of a company decision making does new product development and market segmentation play an important role?

A primary advantage of the matrix organisational structure is which of the following?

A tall organisation has a ________ span of control and a _____________ scalar chain.

Which of the following correctly completes the sentences above?

1) Narrow

2) Wide

3) Short

4) Long

Multinational Services Co is a large conglomerate with various business division. All accounting activities are performed by an internal single dedicated unit, which allocates the costs incurred to the individual business divisions.

Which of the following organisational structures does this most likely describe?

Anthony classified managerial responsibilities and activities into a three-tier hierarchy.

The following are attributes from these hierarchy levels:

1) Stress the achievement of narrowly defined interim objectives.

2) Key performance indicators are established.

3) New product development and market segmentation play vital roles.

4) Supervisory plans for executing periodic activities are established.

Rodan is the international production director for ASD Co. His team consists of over 100 male and female managers spread throughout the organisation. The average age of his manager is 40, but rages from 25 through to 60 years. Because of the demands of various customers, the nature of the work of each manager is never the same.

Which one of the following is likely to be the least important influence on the span of control of Rodan over his managers?

A strong organisational culture implies tightly structured activities through formal plans and procedures.

Is this statement true or false?

Which level of Schein's organisational culture would most likely reflect the dress code of a company?

Which type of culture uses a team approach in order to complete the required work?

Based on Hostfede's research on national culture, a high power distance index indicates a top-down chain of command and strong centralisation.

Is this statement true or false?

Which of Handy's culture type is associated with the managerial activity within an organisation?

A researcher performs analysis on a company using hostfede's dimensions of national culture. He concludes that a high score on one of Hostfede's dimensions fits well with a group-oriented or task-oriented organisation.

Which of hostfede's dimensions would the researcher be referring to?

Which one of the following states the four cultural types identified by Handy?

Yana will shortly be graduating from university and is researching for her first job. In tests conducted by the university's careers advisor, she scored highly in wanting a job that had the attributes of predictability, standardization and consistency.

What organisational culture would be most suited to Yana?

Research had indicated that workers in country A display characteristics such as toughness and the desire for material wealth and possessions, while workers in country B value personal relationships, belonging and the quality of life.

According to Hostfede's theory, these distinctions relate to which of the following cultural dimensions?

The government of an emerging nation prides itself on developing a national culture where there is a strong emphasis on initiative and achievement and people are expected to be self sufficient.

Which one of the following best describes the culture of the nation?

Which type of committee is usually formed to investigate or solve a short term problem?

Which of the following would be classified as a formal standing committee?

Good corporate governance recommends entities establish a number of board sub-committees.

Which committees should be wholly comprised of non-executive directors?

HIJ Co is a large company whose shares are listed on the national stock exchange. The company is compliant with generally accepted standards of corporate governance. The finance department of HIJ Co has completed the preparation of the draft financial statements.

To which of the following will these statements be submitted initially for scrutiny?

Which of the following strategies would an organisation most likely employ to deal positively with a corporate social responsibility or stakeholder issue?

Which of the following is an advantage of using a principle based approach to governance versus a rules based approach?

Which of the following can be used to compare the power and influence of various stakeholder groups and how their needs should be accounted for?

Max is an independent non executive director of PLK Company, a private company in which 75% of the equity is owned by members of one family. At a recent board meeting, Max was informed that the executives had entered into a one-year contract with VCV Company, a new supplier. Although the executives did not know this, Max's sister is an executive director of VCV Company.

Which of the following statement is correct?

The audit committee and remuneration committee of a company are examples of which of the following?