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WorksheetsManagement Theories and Practices
Total questions: 68
Worksheet time: 34mins
The late farmed management theorists Peter Drycker is often credited with creating the modern study of management
True
False
Technical skills are most important for employees who don’t manage others, while conceptual skills are more important for managers
True
False
The Hawthorne studies led to the early conclusion that positive human relations can lead to significantly higher performance
True
False
A traditional management style would emphasize a standardization of procedures to maintain stability in the workplace
True
False
One problem for new managers is that many of them unrealistically expect to have more freedom to do what they think is best
True
False
One new trend in management is that organizations are less hierarchical, and in some cases, bossless.
True
False
The degree to which an organization achieves a stated goal refers to?
Effectiveness
Conceptual skill
Efficiency
Human skill
One of the management duties that managers like the least is?
Financial planning
Controlling activities
Planning for future decisions
Handling paperwork
Networking
A small business manager might find himself or herself being asked to attend events and serve as the face of the company more often than him or her counterpart at large organization, giving a bigger role as?
Monitor
Spokesperson
Liasion
Resource allocator
Leader
In order to serve clients with limited resources, nonprofit managers must focus on?
Keeping cost a low as possible
Great customer service
Creating inexpensive goods
Employee performance
Roles like leader, monitor, and negotiator
Which of the following is a characteristic of a traditional management approach?
Managers play the role of an enabler
Managers supervise team members tasks
Managers constantly mobilize for change
Managers lead and answer empower teams
What is a narrative based on true events that is repeated frequently and shared among organizational employees?
Symbol
Hero
Culture
Story
The level of corporate culture in which values are so deeply embedded that members are no longer consciously aware of them takes the form of
Slogans and ceremonies
Invisible artifacts
Explicit code of conduct
Underlying assumptions and beliefs
Dress and office layout
Culture can be defined as
The set of key values, beliefs, understanding, and norms shared by members of an organization
An object, act, or event that conveys meaning to there
A narrative based on true events that is repeated frequently and shared by organizational employees
A planned activity at a special event that is conducted for the benefit of an audience
When two or more organizations combine to become one, it is referred to as a(n)
Flexible structure
Mechanistic structure
Joint venture
Inorganic venture
Merger
Which of the following roles is assumed by people and/or departments that link and coordinate the organization with key elements in the external environment?
Leader
Disturbance handler
Figuerhead
Boundary spanning
Liaison
The just-in-time production strategy decreases inventory costs, but most companies are not willing to take on the risk that comes with it.
False
True
Managers must be careful not to overcommunicate new cultural values; otherwise, employees will get bored.
False
True
Corporate culture plays a key role in creating an organizational climate that enables learning and innovative responses to threats from the external environment, challenging new opportunities or organizational crises.
True
False
A joint venture involves a strategic alliance of program by two or more organizations
True
False
A political lobbyist for General Motors fills an essential boundary-spanning role.
False
True
The most recent U.S. census data show that about one-third of all babies born in 2011 were members of minority group.
False
True
Every manager today needs to think globally because the whole world is a source of business threats and opportunities.
True
False
Large international firms typically are called multinational corporations
True
False
The least costly and least risky direct investment is called greenfield venture
True
False
The goal of the European Union is to create a powerful single-market system for Europe’s millions of consumers.
True
False
Different laws and regulations make doing business a challenge for international firms.
True
False
Which of the following refers to engaging in the international division of labor so as to obtain the cheapest sources of labor and supplies regardless of country?
Franchising
Licensing
Market-entry strategy
Outsourcing
Activity
One popular type of partnership in which a company shares costs and risks with another firm is known as _______.
Franchising
A greenfield venture
A joint venture
Exporting
Licensing
Which of the following is another word for global outsourcing?
Exporting
Greenfield
Franchise
Offshoring
Barter trade
The management of business operations in more than one country is conducted by _____ managers.
Universal
International
Outsourcing
Planning
Domestic
Language, values, religion, and education all describe which of the following dimensions in the international environment?
Economic
Legal
Political
Sociocultural
Technological
A company’s risk of loss of assets, earning power, or managerial control due to politically based events or actions by host governments is referred to as _________.
MFN
Political risk
Tariffs
Political Instability
Terrorism
Which of the following countries possesses a high-performance orientation?
Israel
Sweden
Taiwan
Russia
Venezuela
A _____ corporation is a for-profit organization that has a stated purpose of creating a positive impact on society.
Socialist
Benefit
Sustainable
Protectionist
Global
When a company tries to portray itself as more environmentally friendly than it actually is, it is engaging in _____.
Greenwashing
Conscious capitalism
Sustainability
Protectionism
Conservation
The concept of _____ refers to following organizational policies and practices that both enhance the economic success of a company and advance the economic and social conditions of the communities in which the company operates.
Conscious capitalism
Greenwashing
Conservation
Protectionism
Sustainability
Employee disclosure of illegal, unethical, or illegitimate practices on the employer’s part is called ______.
Acknowledge
Whistle-Blower
Informing
Proffering
Turning
Any group or person within or outside the organization that has some type of investment or interest in the organization’s performance and is affected by the organization’s actions is called a(n) ______.
Supplier
Influencer
Trade association
International customers
Stakeholder
Which of the following best illustrates the preconventional stage of moral development?
What am I going to get from making this decision?
What would my boss think if I did this?
I know this is not right, and I will not do it, even if everyone else is
How would I feel if my decision was on the front page of the paper?
The _________ approach holds that moral decisions must be based on standards of equity, fairness, and impartiality.
Justice
Social responsibility
Individualism
Moral rights
Practical
A situation that arises when all alternative choices or behaviors have been deemed undesirable because of the potentially negative ethical consequences, making it difficult to distinguish right from wrong, is considered _____.
An ethical dilemma
A social responsibility
An ethical standard
A moral ambiguity
Discretionary responsibility
A recent poll found that nearly _____ percent of people say that executives make decisions based primarily on advancing their own careers.
95%
10%
30%
75%
50%
Corporate social responsibility is management’s obligation to make choices and take actions that will contribute to the welfare and interests of society, not just the organization.
True
False
The utilitarian approach to ethical decision making sidesteps debates about what is right, good, or just and bases decisions on prevailing standards of the profession and the larger society, taking the interests of all stakeholders into account.
False
True
Ethics is the code of moral principles and values that governs the behaviors of a person or group with respect to what is right or wrong.
True
False
A goal is a desired future circumstance or condition that the organization attempts to realize
True
False
During the strategy execution phase, operational goals are defined
True
False
Cost leadership is a type of competitive strategy through which an organization seeks to distinguish itself from competitors based on products and services.
True
False
One of the limitations is setting goals and making plans is that they can get in the way of activity
False
True
Comparative advantage refers to what sets the organization apart from others and provides it with a distinctive edge for meeting customer or client needs in the marketplace.
False
True
Crowdsourcing generally results in fewer meaningful opportunities for participation by employees in strategy formulation and execution.
True
False
A blueprint specifying the resource allocations schedules and other actions necessary for attaining goals is referred to as a(n) _____.
Vision
Goal
Mission
Plan
Objective
Of the management functions, which is considered the most fundamental
Controlling
Planning
Analyzing
Leading
Executing
The planning process begins with which of the following?
A company-wide meeting
Brainstorming
Communication of goals to the rest of the organization
The development of a mission statement
The development of operational goals
Senior management is most likely to be responsible for——-.
Operational plans
Tactical plans
Tactical goals
Strategic plans
Mission plans
Which of the following is a commonly cited limitation of planning?
Plans make it more difficult to measure standards of performance
Plans boost intuition and creativity
Plans make resources allocation more difficult
Plans limit employee motivation and commitment
Plans can create a false sense of security
Making a choice is the most significant part of the decision-making process
True
False
Most managerial decision making can be accounted for by one of three models: the classical model, the administrative model, and the political model.
True
False
Satisficing means that decision makers choose the first solution alternative that satisfies minimal decision criteria regardless of whether better solutions are expected to exist.
False
True
__________ decisions are associated with decision rules.
Nonprogrammed
Unquie
Novel
Programmed
Ill-structured
Examples of nonprogrammed decisions would include the decision to _____.
Terminate an employee for violation of company rules
Reorder supplies
Perf routine maintenance on one of the machines in manufacturing
Grant personal leave to an employee
Develop a new product or service
During the global financial crisis associated with the 2008 recession, finance companies had to make important decisions in a highly ambiguous environment. The decision to buy out failed banks could best be described as which type of decision?
Irrational decision
Programmed
Conventional
Wicked decision problem
Bounded
Managers are considered to have a(n) __________ style when they prefer to consider complex solutions based on as much data as they can gather.
Behavioral
Conceptual
Classical
Analytical
Directive
When managers base decisions on what has worked in the past and fail to explore new options, they are ______.
Being overconfident
Justifying past decisions
Perpetuating the status quo
Being influenced by emotions
Seeing what they want to see
Which of the following terms refers to a technique that uses a face-to-face group to spontaneously suggest a broad range of alternatives for decision making?
Brainwriting
Groupthink
Point-counterpoint
Brainstorming
Devils advocate
Managers with a(n) __________ style may make decisions that help others achieve their goals.
Classical
Analytical
Conceptual
Behavioral
Directive
The term _____ refers to combining intuitive and analytic thought
Analytic bias
Quasirationality
Creativity
Bounded rationality
Cognitive flexibility
