MGT 405 CHAPTER 6 EXAM
QUESTIONS WITH CORRECT
ANSWERS
What must take place once the supplies have been delivered? - Answer- The supplier
must receive payment and the manager must check that the supplies delivered are as
they should be.
Organizations that are not in a task environment, but could enter if they chose to, are
known as potential ______. - Answer- competitors
Cora's Market has just started selling Leah's Lemon Bars, a local favorite, and has long
sold vegetables from local farms. Cora's market is a ______ for these local businesses.
- Answer- DISTRIBUTOR
Increased competition forces an organization to focus specifically on its ______
environment. - Answer- TASK
Individuals and groups that buy the goods and services an organization produces are
known as ____ - Answer- CUSTOMERS
Organizations that produce goods and services that are similar to another organization's
goods and services are known as ______. - Answer- COMPETITORS
Which of the following are barriers to entry in the airline industry? (Choose all that
apply.) - Answer- Regulations that impact domestic vs international airline ownership
Cost of purchasing replacement parts that are required for aircraft maintenance
Dependence on oil and OPEC's influence on fuel prices
What are economies of scale? - Answer- The cost advantages associated with large
operations
When a potential competitor is considering entering the task environment, how does it
impact existing organizations? - Answer- It becomes a potential rival and threat to
profitability.
According to Hofstede, individualist societies - Answer- value personal freedom,
personal success, and self-expression.
, Noreen is a member of an egalitarian culture, one in which few distinctions are made
between individuals and groups. Her culture is low on - Answer- social stratification.
Unlike previous generations, salespeople today can work from home offices,
communicate with colleagues in different parts of the world almost instantly, and
commute electronically to work. This flexibility is due to changes in _______ forces. -
Answer- technological
As the only store to design and sell curtains in the suburb of Oakland, the merchandise
sold by Décor and More tends to be overpriced. Noticing this, The Curtain Corner set up
a showroom in the same suburb, reasoning that with lower prices, it would be able to
attract more customers. The Curtain Corner is Décor and More's - Answer- competitor.
Political capital is the flow of - Answer- power and influence around the world using
diplomacy, persuasion, aggression, and force of arms.
The more difficult it is to enter the task environment, the - Answer- easier it is to keep
prices high.
To be a global organization, what types of organizations need to set up facilities around
the world? - Answer- both large and small organizations
An earthquake leveled part of Tal International, Inc. over the weekend. While Tal
International lost their parts department storage room for Tal's growing electric
lawnmowers business, their London office had a surplus of parts. Consequently, while
the earthquake threatened to impact Tal's production, the fact that the parts department
was able to obtain the parts from their London office was an opportunity due to the
______. - Answer- global environment
Who provides organizations with the input resources needed to produce goods and
services? - Answer- SUPPLIERS
Organizations that help other organizations sell their goods or services to customers are
called - Answer- DISTRIBUTORS
Within the task environment, who purchases the goods and services produced by
companies? (Choose all that apply.) - Answer- Groups
Global companies
Individuals
To survive and prosper in the 21st century, companies must operate and compete not
only domestically but also_______________. - Answer- GLOBALLY
When there is more than one organization producing comparable products for the same
customer base, these organizations are _____ - Answer- COMPETITORS
QUESTIONS WITH CORRECT
ANSWERS
What must take place once the supplies have been delivered? - Answer- The supplier
must receive payment and the manager must check that the supplies delivered are as
they should be.
Organizations that are not in a task environment, but could enter if they chose to, are
known as potential ______. - Answer- competitors
Cora's Market has just started selling Leah's Lemon Bars, a local favorite, and has long
sold vegetables from local farms. Cora's market is a ______ for these local businesses.
- Answer- DISTRIBUTOR
Increased competition forces an organization to focus specifically on its ______
environment. - Answer- TASK
Individuals and groups that buy the goods and services an organization produces are
known as ____ - Answer- CUSTOMERS
Organizations that produce goods and services that are similar to another organization's
goods and services are known as ______. - Answer- COMPETITORS
Which of the following are barriers to entry in the airline industry? (Choose all that
apply.) - Answer- Regulations that impact domestic vs international airline ownership
Cost of purchasing replacement parts that are required for aircraft maintenance
Dependence on oil and OPEC's influence on fuel prices
What are economies of scale? - Answer- The cost advantages associated with large
operations
When a potential competitor is considering entering the task environment, how does it
impact existing organizations? - Answer- It becomes a potential rival and threat to
profitability.
According to Hofstede, individualist societies - Answer- value personal freedom,
personal success, and self-expression.
, Noreen is a member of an egalitarian culture, one in which few distinctions are made
between individuals and groups. Her culture is low on - Answer- social stratification.
Unlike previous generations, salespeople today can work from home offices,
communicate with colleagues in different parts of the world almost instantly, and
commute electronically to work. This flexibility is due to changes in _______ forces. -
Answer- technological
As the only store to design and sell curtains in the suburb of Oakland, the merchandise
sold by Décor and More tends to be overpriced. Noticing this, The Curtain Corner set up
a showroom in the same suburb, reasoning that with lower prices, it would be able to
attract more customers. The Curtain Corner is Décor and More's - Answer- competitor.
Political capital is the flow of - Answer- power and influence around the world using
diplomacy, persuasion, aggression, and force of arms.
The more difficult it is to enter the task environment, the - Answer- easier it is to keep
prices high.
To be a global organization, what types of organizations need to set up facilities around
the world? - Answer- both large and small organizations
An earthquake leveled part of Tal International, Inc. over the weekend. While Tal
International lost their parts department storage room for Tal's growing electric
lawnmowers business, their London office had a surplus of parts. Consequently, while
the earthquake threatened to impact Tal's production, the fact that the parts department
was able to obtain the parts from their London office was an opportunity due to the
______. - Answer- global environment
Who provides organizations with the input resources needed to produce goods and
services? - Answer- SUPPLIERS
Organizations that help other organizations sell their goods or services to customers are
called - Answer- DISTRIBUTORS
Within the task environment, who purchases the goods and services produced by
companies? (Choose all that apply.) - Answer- Groups
Global companies
Individuals
To survive and prosper in the 21st century, companies must operate and compete not
only domestically but also_______________. - Answer- GLOBALLY
When there is more than one organization producing comparable products for the same
customer base, these organizations are _____ - Answer- COMPETITORS
