BUSI 310 Test 2, Verified And Correct Answers, Liberty Univ

BUSI 310 Test # 2
 Question 1
2 out of 2 points
Which of the following is true of Scenario planning?
Selected It is particularly useful for an organization attempting
Answer: to mitigate risks in certain ventures



 Question 2
2 out of 2 points
The third step in the MBO process is
Selected Answer: Objectively viewing the goals previously set




 Question 3
2 out of 2 points
In a highly centralized organization
Selected Decisions involving the utilization of all resources are
Answer: made at the upper managerial levels



 Question 4
0 out of 2 points
All of the following are advantages of a Matrix structure EXCEPT
Selected Answer: Both B and C
 Question 5

, 2 out of 2 points
The first three stages of the formal planning process are
Selected Situational analysis, generation of alternative goals
Answer: and plans, evaluation of goals and plans




 Question 6
2 out of 2 points
Bring in outside assessors, evaluating the team, performing risk
analysis and implementing an early warning system are all steps that
a _____ manager would need to take.
Selected Answer: Project




 Question 7
2 out of 2 points
The second step of the Spendolini Benchmarking Model is
Selected Answer: None of the above



 Question 8
2 out of 2 points
Efficiency and effectiveness are incompatible goals that have a
specified beginning and ending.
Selected Answer: False