BCOR 370 FINAL EXAM QUESTIONS AND ANSWERS
WITH COMPLETE SOLUTIONS VERIFIED
Which function of management involves the identification of organizational goals
and strategies and the appropriate organizational resources required to achieve
them?
Planning
The Mainstream managerial perspective is reflected in which of the following
values?
Individualism
Materialism
What scholar argued that the "invisible hand" guides apparently chaotic
individualism toward the collective good?
Adam Smith
The idea that the host country cultures and values are more important to
incorporate than the parent country cultures and values could best be described
as ______?
Polycentrism
The United States would be considered to have a ____________ orientation
culture.
short-term
,Henry Mintzberg's view of management includes all but which of the following
roles?
Motivational
(Does include Interpersonal
Decisional and Informational)
When managers discuss which goals an organization should pursue they are
addressing which issue?
Effectiveness
Which ethical perspective can best be described as low-materialist but high-
individualist in its focus on protecting the liberties of individuals?
Moral rights
Countries who belong to the European Union (EU) utilize __________ currencies.
Same
Euro
When a professor gives students quizzes and assignments to assess their
learning, which of the managerial functions is best being exhibited?
Controlling
The Industrial Revolution resulted in which of the following changes?
Increased specialization of jobs
______________ occurs when products or services from one country are traded
(rather than bought and sold for currency) for products or services from another
country.
,Counter-trade
Which of the following statements about maquiladora factories is TRUE?
The workers' minimum wage increases each year relative to the cost of living
The factories are located in the US but employ Mexican immigrants
The factories are illegal under NAFTA
-->NONE OF THEM ARE TRUE
As illustrated in the Starbucks video shown in class, a systematic analysis of the
effect that an organization is having on its stakeholders and society as a whole is
called ______________?
Social Audit
Which term best describes the maximization of outputs combined with the
minimization of inputs?
Efficiency
Frederick Taylor's philosophy of ____________ is reflected in his famous studies
of redesigning shovels to increase productivity at a steel plant.
Scientific management
Which form of internationalization requires the lowest level of commitment and
engagement?
Importing/ Exporting
Which of the following is TRUE of the micro-financing movement?
Clients are typically small-time entrepreneurs without access to traditional banking and
loans
Research on the "Hawthorne Effect" best fits into which era of management?
, The "Human" Era (1930-1950)
This occurs when two or more systems are more successful working together
than they are working independently.
Synergy
___________ managers are more likely than ________ managers to trust
employees to do their jobs even when they are not being closely supervised.
Theory Y; Theory X
This is the idea that all decisions are limited by incomplete information and
limited cognitive resources available when making decisions.
Bounded rationality (Herbert Simon)
Of the following countries, which ranks lowest in terms of materialism and
individualism?
Costa Rica
The informal shared perceptions of what comprises morally appropriate practices
and procedures in an organization is known as ______________ ?
Ethical climate
This type of control is evident when rules, regulations, policies and standard
operating procedures are used to control the behavior of organizational
members.
Bureaucratic control
Which of the following is TRUE of the Multistream approach to management?
It places greater emphasis on productivity and profitability than Mainstream
management
WITH COMPLETE SOLUTIONS VERIFIED
Which function of management involves the identification of organizational goals
and strategies and the appropriate organizational resources required to achieve
them?
Planning
The Mainstream managerial perspective is reflected in which of the following
values?
Individualism
Materialism
What scholar argued that the "invisible hand" guides apparently chaotic
individualism toward the collective good?
Adam Smith
The idea that the host country cultures and values are more important to
incorporate than the parent country cultures and values could best be described
as ______?
Polycentrism
The United States would be considered to have a ____________ orientation
culture.
short-term
,Henry Mintzberg's view of management includes all but which of the following
roles?
Motivational
(Does include Interpersonal
Decisional and Informational)
When managers discuss which goals an organization should pursue they are
addressing which issue?
Effectiveness
Which ethical perspective can best be described as low-materialist but high-
individualist in its focus on protecting the liberties of individuals?
Moral rights
Countries who belong to the European Union (EU) utilize __________ currencies.
Same
Euro
When a professor gives students quizzes and assignments to assess their
learning, which of the managerial functions is best being exhibited?
Controlling
The Industrial Revolution resulted in which of the following changes?
Increased specialization of jobs
______________ occurs when products or services from one country are traded
(rather than bought and sold for currency) for products or services from another
country.
,Counter-trade
Which of the following statements about maquiladora factories is TRUE?
The workers' minimum wage increases each year relative to the cost of living
The factories are located in the US but employ Mexican immigrants
The factories are illegal under NAFTA
-->NONE OF THEM ARE TRUE
As illustrated in the Starbucks video shown in class, a systematic analysis of the
effect that an organization is having on its stakeholders and society as a whole is
called ______________?
Social Audit
Which term best describes the maximization of outputs combined with the
minimization of inputs?
Efficiency
Frederick Taylor's philosophy of ____________ is reflected in his famous studies
of redesigning shovels to increase productivity at a steel plant.
Scientific management
Which form of internationalization requires the lowest level of commitment and
engagement?
Importing/ Exporting
Which of the following is TRUE of the micro-financing movement?
Clients are typically small-time entrepreneurs without access to traditional banking and
loans
Research on the "Hawthorne Effect" best fits into which era of management?
, The "Human" Era (1930-1950)
This occurs when two or more systems are more successful working together
than they are working independently.
Synergy
___________ managers are more likely than ________ managers to trust
employees to do their jobs even when they are not being closely supervised.
Theory Y; Theory X
This is the idea that all decisions are limited by incomplete information and
limited cognitive resources available when making decisions.
Bounded rationality (Herbert Simon)
Of the following countries, which ranks lowest in terms of materialism and
individualism?
Costa Rica
The informal shared perceptions of what comprises morally appropriate practices
and procedures in an organization is known as ______________ ?
Ethical climate
This type of control is evident when rules, regulations, policies and standard
operating procedures are used to control the behavior of organizational
members.
Bureaucratic control
Which of the following is TRUE of the Multistream approach to management?
It places greater emphasis on productivity and profitability than Mainstream
management
