MGMT 371 EXAM ACTUAL QUESTIONS AND VERIFIED
ANSWERS WITH COMPLETE SOLUTIONS
Peggy Patterson works in the accounting department. One of her main functions
is to determine the costs associated with each component of the new sales
contract. What role is she fulfilling?
decisional
Competitive rivalry would be exemplified by
price wars
Which of the following statements relative to the theory and practice of
management is true?
the value of theory is that it provides a systematic framework for management activities
The decision by GE to do business, through subsidiaries, with Iran would have
been made at what organizational level?
top management
________ Part of the organization's general environment
Technology
Jihadist called for a violent attack on David Letterman after he made fun of Al
Qaeda... This is an example of a difference in
sociocultural dimension
When HTC offered the first cell phone with a FB button, it was responding to
changes in...
techonology
,satellites, ports and railroads are
infrastructure
3M- researchers encouraged to generate income from new product development.
Managers are evaluated on degree to which they meet this standard...
Organization effectiveness
Goal approach
Not an activity associated with leading
checking on the quality of finished products
Sarbanes-Oxley Act requires the ... to vouch for finances
CEO, CFO, COO
Geert Hofstede identified all but... as a fundamental difference that can be used to
characterize people in different culures
global orientation
... is the extent to which new competitors can easily enter into a new market
threat of new entrants
extent to which organization environment is simple or complex
homogeneity
At Tyco, ... was sued for negligence
board of directors
an organization design that is mechanistic
none of these
list all basic MGMT functions
planning & decision making, organizing, leading and controlling
, Many builders are using fiber cement siding to build houses...
natural environment
When a local construction firm fears new competition from a national chain such
as Toll brothers... change in the
external environment
Elton Mayo at Western Electrics discovered
social pressure more important than financial incentive
Not an argument in favor of social responsibility
business executives are uniquely qualified to make decisions such as these
Social media impacts the amount of mail sent
competitors
When two or more firms combine to form a new firm
merger
purchasing agent
boundary spanner
national org of women works to influence legislators
lobbyist
least risky type of international business
importing and exporting
someone's ethical standards are developed as a child in response to
all of these
in US it is illegal for a US firm in a foreign country to pay bribes. This is OK in
other countries...
ANSWERS WITH COMPLETE SOLUTIONS
Peggy Patterson works in the accounting department. One of her main functions
is to determine the costs associated with each component of the new sales
contract. What role is she fulfilling?
decisional
Competitive rivalry would be exemplified by
price wars
Which of the following statements relative to the theory and practice of
management is true?
the value of theory is that it provides a systematic framework for management activities
The decision by GE to do business, through subsidiaries, with Iran would have
been made at what organizational level?
top management
________ Part of the organization's general environment
Technology
Jihadist called for a violent attack on David Letterman after he made fun of Al
Qaeda... This is an example of a difference in
sociocultural dimension
When HTC offered the first cell phone with a FB button, it was responding to
changes in...
techonology
,satellites, ports and railroads are
infrastructure
3M- researchers encouraged to generate income from new product development.
Managers are evaluated on degree to which they meet this standard...
Organization effectiveness
Goal approach
Not an activity associated with leading
checking on the quality of finished products
Sarbanes-Oxley Act requires the ... to vouch for finances
CEO, CFO, COO
Geert Hofstede identified all but... as a fundamental difference that can be used to
characterize people in different culures
global orientation
... is the extent to which new competitors can easily enter into a new market
threat of new entrants
extent to which organization environment is simple or complex
homogeneity
At Tyco, ... was sued for negligence
board of directors
an organization design that is mechanistic
none of these
list all basic MGMT functions
planning & decision making, organizing, leading and controlling
, Many builders are using fiber cement siding to build houses...
natural environment
When a local construction firm fears new competition from a national chain such
as Toll brothers... change in the
external environment
Elton Mayo at Western Electrics discovered
social pressure more important than financial incentive
Not an argument in favor of social responsibility
business executives are uniquely qualified to make decisions such as these
Social media impacts the amount of mail sent
competitors
When two or more firms combine to form a new firm
merger
purchasing agent
boundary spanner
national org of women works to influence legislators
lobbyist
least risky type of international business
importing and exporting
someone's ethical standards are developed as a child in response to
all of these
in US it is illegal for a US firm in a foreign country to pay bribes. This is OK in
other countries...
