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MGT 3301 Midterm Questions With Complete Solutions

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MGT 3301 Midterm Questions With Complete Solutions

Institution
MGT 3301
Course
MGT 3301

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MGT 3301 Midterm Questions With Complete Solutions

_______ are groups of intrapreneurs who are deliberately
separated from the normal operation of an organization to
encourage them to devote all their attention to developing new
products.

Product champions
Social intrapreneurs
Skunkworks
Nominal intrapreneurs Correct Answers Skunkworks

________ is the mobilization of resources to take advantage of
an opportunity to provide customers with new or improved
goods and services.

Benchmarking
Clan control
Entrepreneurship
Top-down change Correct Answers Entrepreneurship

__________ is a person's perception about the extent to which
performance at a certain level results in the attainment of
outcomes.

Expectancy
Valence
Inequity
Instrumentality Correct Answers Instrumentality

,__________ is the strategy of entering a new business or
industry to create a competitive advantage in one or more of an
organization's existing divisions or businesses.

Hyper competition
Related diversification
Concentration
Vertical integration Correct Answers Related diversification

____________ is the extent to which actually doing a job
provides a worker with clear and direct information about how
well he or she has performed the job.

Autonomy
Feedback
Skill variety
Task significance Correct Answers Feedback

A group of organizations that join together and use IT to link
themselves to potential global suppliers to increase efficiency
and effectiveness is called a

knowledge management system.
business-to-business network.
boundaryless organization.
network structure. Correct Answers business-to-business
network

A plan that indicates which industries and national markets an
organization intends to compete in is a(n) ________-level
strategy.

, corporate
business
functional
structural
executive Correct Answers corporate

A(n) __________ is a broad declaration of an organization's
overriding purpose, or what it is seeking to achieve from its
activities.

mission statement
capsule plan
integration strategy
global policy Correct Answers mission statement

According to Henri Fayol, which of the following qualities of an
effective plan means that only one central, guiding plan is put
into operation to achieve an organizational goal?

creativity
unity
accuracy
flexibility Correct Answers unity

According to Herzberg's theory, hygiene needs are best satisfied
by

the ability to grow on the job.
a sense of achievement.
a good work environment.

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Institution
MGT 3301
Course
MGT 3301

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