Leaders of an organization set the moral tone of the organization:
True or False ** Answ** True
centralization refers to decision making by:
a. top management
b. teams of managers
c. management and employee
d. employees
e. middle managers ** Answ** a. top management
people in societies where uncertainty avoidance is high:
a. want strict rules, laws, and policies
b. tolerate a variety of opinions
c. are less rule oriented
d. are open to change and taking risks ** Answ** a. want strict rules, laws and policies
in highly assertive countries, competition between individuals and groups is discouraged:
true or false ** Answ** false
hierarchy in an organization is necessary for:
a. decentralization
b. lunch meetings
c. communication
d. unity of demand ** Answ** d. unity of demand
working with people from different countries can be a challenge because of:
a.different work skills according to cultural norms
b. cross-cultural misunderstandings
,c. global strategic communication
d. language issues and different cultural norms ** Answ** d. language issues and different
cultural norms
company cultures which are very focused on hierarchy and decisions are made only by top
managers are:
a. high on institutional collectivism
b. low on institutional collectivism
c. high on power distance dimensions
d. low on power distance dimensions ** Answ** c. high on power distance dimensions
being a figurehead is not one of the ten basic managerial roles:
true or false ** Answ** false
people in societies where assertiveness is low:
a. take risks more often
b. are encouraged to compete among themselves
c. want to be rewarded for the best ideas
d. prefer harmony in relationships ** Answ** d. prefer harmony in relationships
It is very common for people currently in the workforce to hold the same job for 40 years:
True or false ** Answ** false
what are the basics in running a small business
a. keeping the books
b. looking out for taxes
c. deciding to accept credit cards
d. all of the above ** Answ** d. all of the above
people in high power distance societies expect
a. cooperative interaction across power levels
, b. equality
c. opportunity for everyone
d. unequal power for distribution and greater satisfaction ** Answ** d. unequal power for
distribution and greater satisfaction
Frederick Taylor is most famous for:
a. standardization of work
b. TPS reports
c. time studies
d. productivity reports
e. motion studies ** Answ** c. time studies
people in positions of authority in high power distance societies expect obedience:
true or false ** Answ** true
countries with low gender egalitarianism are male dominated:
true or false ** Answ** true
a firms performance relative to industry peers is likely to vary according to the level to which
resources, capabilities and ultimately core competences satisfy VRIO criteria:
true or false ** Answ** true
customers, employees and investors are the stakeholders most often emphasized in the mission
statements:
true or false ** Answ** true
straddling as an approach to strategic management is not recommended for which reason:
a. research shows that straddling strategies leads to confusion among managers about the
direction of the company
b. it is an indication that the firms managers have not made necessary choices about the business
and its strategy