Answers
1. Which of the following forecasting methods relies on collecting
independent evaluations from experts and summarizing the
information?
A. Assessment center
B. Nominal group technique
C. Time-series analysis
D. Delphi technique: D. Delphi technique
2. Utilizing employee skills to keep or gain a competitive advantage is
known as:
A. succession planning.
B. forecasting.
C. strategic management.
D. benchmarking.: C. strategic management.
3. Which organizational structure best suits a business with
numerous offices and distribution centers?
A. Product
,B. Hierarchical
C. Hybrid
D. Geographic: D. Geographic
4. A project is expected to net $600,000 in income with project costs
of $350,000. What is the expected ROI for this project?
A. 57%
B. 72%
C. 171%
D. 277%: C. 171%
5. Which of the following statements is true regarding a cash flow
statement?
A. Due to timing of cash transactions, it is a mix of current and
previous years' transactions.
B. It only includes the cash transactions from the year in which it is
prepared.
C. Cash flowing out in a given period equals the amount recorded in
accounts payable.
D.Cash flowing in during a given period equals sales plus accounts
receivable.-
: A. Due to timing of cash transactions, it is a mix of current and previous years' transactions.
, 6. A group process for organizational diagnosis is used when:
A. structure and the number of participants are known.
B. confidentiality and trust relationships are necessary.
C. larger population input and baseline data are needed.
D. a high degree of interaction among participants is desired.: D. a
high degree of interaction among participants is desired.
7. Which of the following reasons for termination of employment
is most likely to be disputed by the affected employee?
A. Business reorganization
B. Workplace closure
C. Union activity
D. Diminishing need for work: C. Union activity
8. What behavior exemplifies a good ethics facilitator?
A. Encourages the group to examine ethical issues from a variety of
viewpoints without singling out the views of any one participant
B. Develops a comfortable setting while raising issues which elicit
emotionally charged feedback from individuals
C.Lectures on the company's philosophies to reinforce the company's