GB 370 FINAL EXAM OLE MISS
QUESTIONS AND ANSWERS
M QUESTIONS AND ANSWERS
bq bq bq
whatbqarebqthebqbackbonebqofbqbusinessbqplans?bq-bqANSWERS--FinancialbqFactors
Whatbqisbqthebqeasiestbqbusinessbqlegalbqstructurebqtobqstartbqup?bq-bqANSWERS--
SolebqProprietorship
WhatbqdoesbqMVPbqstandbqfor?bq-bqANSWERS--MinimumbqViablebqProduct
Differentiationbqofbqproductsbqcreatebq_______bqrivalrybq-bqANSWERS--less
AnbqOrganizationalbqanalysisbqisbqanbqassessmentbqofbq_________bqandbq___________b
q-bqANSWERS--Strengths bqandbqweaknesses
POLCbqframeworkbqstandsbqforbq-bqANSWERS--
planning,bqorganization,bqleading,bqcontrolling
StrategybqfallsbqunderbqwhatbqcategorybqofbqPOLCbq-bqANSWERS--planning
Truebqorbqfalse:bqUncertaintybqisbqonebqofbqthebqmainbqdrivingbqforcesbqinbqanbqorganization
bq-bqANSWERS--true
TruebqorbqFalse:bqStrategybqisbqonlybqrelevantbqtobqlargebqpublicbqcompaniesbq-
bqANSWERS--false
WhatbqisbqFredbqTaylorbqfamousbqfor?bq-bqANSWERS--timebqstudies
Boundedbqrationalitybqisbq-bqANSWERS--
whenbqdecisionbqmakersbqarebqlimitedbqbybqhavingbqincompletebqinformationbqasbqwellbqas
bqbybqtheirbqvalues,bqunconsciousbqreflexes,bqskills,bqandbqhabits
Whetherbqanbqalternativebqisbqwithinbqthebqrealmbqofbqprobabilitybqandbqpracticalitybqforbqth
ebqorganizationbqisbqthebqdefinitionbqofbqwhichbqalternativebqevaluationbqcriteria?bq-
bqANSWERS--Feasibility
Operationalbqplansbqflowbqdirectlybqfrombq________bqplansbq-bqANSWERS--tactical
thebqdecisionbqtobqhirebqabqjanitorialbqservice,bqbuybqabqfleetbqofbqsalesbqvehicles,bqorbqhirebq
abqPRbqexpertbqarebqallbqdecisionsbqmadebqunderbq_________bq-bqANSWERS--
uncertainty
Whatbqisbqanbqexamplebqofbqabqprogrammedbqdecision?bq-bqANSWERS--
Studentsbqsitsbqinbqthebqsamebqseatbqinbqmgmtbq101bqeverybqclassbqevenbqthoughbqseatsbqa
rebqunassigned
, TruebqorbqFalse:bqAbqDelphibqgroupbqisbqanbqexamplebqofbqanbqinteractingbqgroupbq-
bqANSWERS--false
Truebqorbqfalsebqproperbqimplementationbqofbqtacticalbqplansbqrequiresbqabqclearbqcutbqoper
ationalbqplanbq-bqANSWERS--false
Abqmanagerbqwhobqhadbqdifficultybqidentifyingbqalternativesbqandbqassessingbqtheirbqproba
bilitiesbqisbqexperiencingbq__________________________bq-bqANSWERS--
decisionbqmakingbqunderbquncertainty
Reducedbqinnovativenessbqoccursbqbecausebqemployeesbqarebqusedbqtobqbehavingbqinbqa
bqcertainbqmannerbqisbqabqdisadvantagebqofbq____________bqinbqorganizationalbqstructure
bq-bqANSWERS--formalization
Truebqorbqfalsebqinbqcentralizedbqcompaniesbqmanybqimportantbqdecisionsbqarebqmadebqatb
qlowerbqlevelsbqofbqtheirbqhierarchybq-bqANSWERS--false
YoutubebqwasbqoperatingbqatbqabqlossbqwhenbqGooglebqboughtbqit.bqThreebqyearsbqlaterbqitbq
isbqstillbqoperatingbqatbqabqloss.bqGooglebqmaybqbebqexperiencingbq-bqANSWERS--
escalationbqofbqcommitment
abqballoonbqloanbqrequiresbqonlybqthebq___bqtobqbebqpaidbqbeforebqthebqfinalbqdaybqofbqthebqlo
anbq-bqANSWERS--interest
Abqnobqinterestbqloanbqcannotbqbebqmorebqthanbq______bq-bqANSWERS--$100,000
TruebqorbqfalsebqSelfbqfinancingbqisbqthebqmostbqcommonbqformbqofbqfinancingbqinbqbusines
sbqstartbqupsbq-bqANSWERS--True
Workersbqcompbqinsurancebqisbqgenerallybqdeterminedbqbybq_________bq-bqANSWERS--
thebqstate
Truebqfalsebqabqgovernment'sbqdecisionbqtobqintervenebqinbqabqmarketbqisbqalwaysbqtobqsup
portbqthebqinterestsbqofbqthebqcountrybqasbqabqwholebq-bqANSWERS--false
TruebqorbqfalsebqAbqbillbqofbqladingbqactsbqasbqabqtaxbqdocumentbq-bqANSWERS--false
TruebqorbqFalsebqAdbqValorembqtariffsbqarebqleviedbqasbqabqproportionbqofbqthebqvaluebqofbqth
ebqimportedbqgoodsbq-bqANSWERS--true
TruebqorbqFalsebqthebqinfantbqindustrybqargumentbqisbqandbqeconomicbqreasonbqforbqgovern
mentbqinterventionbq-bqANSWERS--True
TruebqorbqfalsebqChinabqisbqthebq#1bqimporterbqandbqexporterbq-bqANSWERS--false
TruebqorbqfalsebqMultimarketbqflexibilitybqmeansbqthatbqinternationalbqbusinessesbqmaybqre
spondbqtobqabqchangebqinbqonebqcountrybqbybqimplementingbqabqchangebqinbqanotherbqcoun
trybq-bqANSWERS--true
QUESTIONS AND ANSWERS
M QUESTIONS AND ANSWERS
bq bq bq
whatbqarebqthebqbackbonebqofbqbusinessbqplans?bq-bqANSWERS--FinancialbqFactors
Whatbqisbqthebqeasiestbqbusinessbqlegalbqstructurebqtobqstartbqup?bq-bqANSWERS--
SolebqProprietorship
WhatbqdoesbqMVPbqstandbqfor?bq-bqANSWERS--MinimumbqViablebqProduct
Differentiationbqofbqproductsbqcreatebq_______bqrivalrybq-bqANSWERS--less
AnbqOrganizationalbqanalysisbqisbqanbqassessmentbqofbq_________bqandbq___________b
q-bqANSWERS--Strengths bqandbqweaknesses
POLCbqframeworkbqstandsbqforbq-bqANSWERS--
planning,bqorganization,bqleading,bqcontrolling
StrategybqfallsbqunderbqwhatbqcategorybqofbqPOLCbq-bqANSWERS--planning
Truebqorbqfalse:bqUncertaintybqisbqonebqofbqthebqmainbqdrivingbqforcesbqinbqanbqorganization
bq-bqANSWERS--true
TruebqorbqFalse:bqStrategybqisbqonlybqrelevantbqtobqlargebqpublicbqcompaniesbq-
bqANSWERS--false
WhatbqisbqFredbqTaylorbqfamousbqfor?bq-bqANSWERS--timebqstudies
Boundedbqrationalitybqisbq-bqANSWERS--
whenbqdecisionbqmakersbqarebqlimitedbqbybqhavingbqincompletebqinformationbqasbqwellbqas
bqbybqtheirbqvalues,bqunconsciousbqreflexes,bqskills,bqandbqhabits
Whetherbqanbqalternativebqisbqwithinbqthebqrealmbqofbqprobabilitybqandbqpracticalitybqforbqth
ebqorganizationbqisbqthebqdefinitionbqofbqwhichbqalternativebqevaluationbqcriteria?bq-
bqANSWERS--Feasibility
Operationalbqplansbqflowbqdirectlybqfrombq________bqplansbq-bqANSWERS--tactical
thebqdecisionbqtobqhirebqabqjanitorialbqservice,bqbuybqabqfleetbqofbqsalesbqvehicles,bqorbqhirebq
abqPRbqexpertbqarebqallbqdecisionsbqmadebqunderbq_________bq-bqANSWERS--
uncertainty
Whatbqisbqanbqexamplebqofbqabqprogrammedbqdecision?bq-bqANSWERS--
Studentsbqsitsbqinbqthebqsamebqseatbqinbqmgmtbq101bqeverybqclassbqevenbqthoughbqseatsbqa
rebqunassigned
, TruebqorbqFalse:bqAbqDelphibqgroupbqisbqanbqexamplebqofbqanbqinteractingbqgroupbq-
bqANSWERS--false
Truebqorbqfalsebqproperbqimplementationbqofbqtacticalbqplansbqrequiresbqabqclearbqcutbqoper
ationalbqplanbq-bqANSWERS--false
Abqmanagerbqwhobqhadbqdifficultybqidentifyingbqalternativesbqandbqassessingbqtheirbqproba
bilitiesbqisbqexperiencingbq__________________________bq-bqANSWERS--
decisionbqmakingbqunderbquncertainty
Reducedbqinnovativenessbqoccursbqbecausebqemployeesbqarebqusedbqtobqbehavingbqinbqa
bqcertainbqmannerbqisbqabqdisadvantagebqofbq____________bqinbqorganizationalbqstructure
bq-bqANSWERS--formalization
Truebqorbqfalsebqinbqcentralizedbqcompaniesbqmanybqimportantbqdecisionsbqarebqmadebqatb
qlowerbqlevelsbqofbqtheirbqhierarchybq-bqANSWERS--false
YoutubebqwasbqoperatingbqatbqabqlossbqwhenbqGooglebqboughtbqit.bqThreebqyearsbqlaterbqitbq
isbqstillbqoperatingbqatbqabqloss.bqGooglebqmaybqbebqexperiencingbq-bqANSWERS--
escalationbqofbqcommitment
abqballoonbqloanbqrequiresbqonlybqthebq___bqtobqbebqpaidbqbeforebqthebqfinalbqdaybqofbqthebqlo
anbq-bqANSWERS--interest
Abqnobqinterestbqloanbqcannotbqbebqmorebqthanbq______bq-bqANSWERS--$100,000
TruebqorbqfalsebqSelfbqfinancingbqisbqthebqmostbqcommonbqformbqofbqfinancingbqinbqbusines
sbqstartbqupsbq-bqANSWERS--True
Workersbqcompbqinsurancebqisbqgenerallybqdeterminedbqbybq_________bq-bqANSWERS--
thebqstate
Truebqfalsebqabqgovernment'sbqdecisionbqtobqintervenebqinbqabqmarketbqisbqalwaysbqtobqsup
portbqthebqinterestsbqofbqthebqcountrybqasbqabqwholebq-bqANSWERS--false
TruebqorbqfalsebqAbqbillbqofbqladingbqactsbqasbqabqtaxbqdocumentbq-bqANSWERS--false
TruebqorbqFalsebqAdbqValorembqtariffsbqarebqleviedbqasbqabqproportionbqofbqthebqvaluebqofbqth
ebqimportedbqgoodsbq-bqANSWERS--true
TruebqorbqFalsebqthebqinfantbqindustrybqargumentbqisbqandbqeconomicbqreasonbqforbqgovern
mentbqinterventionbq-bqANSWERS--True
TruebqorbqfalsebqChinabqisbqthebq#1bqimporterbqandbqexporterbq-bqANSWERS--false
TruebqorbqfalsebqMultimarketbqflexibilitybqmeansbqthatbqinternationalbqbusinessesbqmaybqre
spondbqtobqabqchangebqinbqonebqcountrybqbybqimplementingbqabqchangebqinbqanotherbqcoun
trybq-bqANSWERS--true
