BUS 200 Midterm


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  • Question 11

3 out of 3 points

A hierarchy culture is focused on the external environment. 
Answers: True
False
  • Question 12

3 out of 3 points

You should under-deliver to stand out in a new job.
Answers: True
False
  • Question 13

3 out of 3 points

Being an entrepreneur is what it takes to start a business
Answers: True
False

 

  • 3 out of 3 points
Porter has 10 Competitive Forces
Answers: True
False
  • Question 2

3 out of 3 points

The behavioral decision-making style does not prefer verbal to written information.
Answers: True
False
  • Question 3

3 out of 3 points

The author of our textbook, Management a Practical Introduction 7th edition is Angelo Kinicki and Brian Williams.
Answers: True
False
  • Question 4

0 out of 3 points

Quality control focuses on the performance of workers, urging employees to strive for “zero defects”
Answers: True
False
  • Question 5

3 out of 3 points

SWOT Analysis stands for Strengths, Wood, Opportunity and Threats
Answers: True
False
  • Question 6

3 out of 3 points

A stakeholder is defined as people whose interests are affected by an organization’s activities.
Answers: True
False
  • Question 7

3 out of 3 points

SWOT Analysis stands for Strengths, Weaknesses, Opportunities and Threats
Answers: True
False
  • Question 8

3 out of 3 points

A first-line manager makes short-term operating decisions, directing the daily tasks of nonmanagerial personnel.
Answers: True
False
  • Question 9

0 out of 3 points

The Three Core Processes of Business are People, Strategy and an Operation Room.
Answers: True
False
  • Question 10

3 out of 3 points

Expatriates are people living or working for a foreign country.
Answers: True
False
  • Question 14

3 out of 3 points

Which viewpoint stresses the use of rational, science-based techniques and mathematical models to improve decision making and strategic plannning?
Answers: Management Science
Scientific management
Operations management
Production management
  • Question 15

3 out of 3 points

The Three Core Processes of Business are Prison, Strategy, and Operations.
Answers: True
False
  • Question 16

3 out of 3 points

Triple bottom line represents People, Planet and Pudding Putty.
Answers: True
False
  • Question 17

3 out of 3 points

Planning consists of setting goals and deciding how to achieve them.
Answers: True
False
  • Question 18

3 out of 3 points

Management science stresses the use of rational, science-based techniques and mathematical models to improve decision making and strategic planning.
Answers: True
False
  • Question 19

3 out of 3 points

To be effective means to achieve results, to make the right decisions and to successfully carry them out so that they achieve the organization’s goals
Answers: True
False
  • Question 20

3 out of 3 points

Groupthink occurs when group members strive to agree for the sake of unanimity and thus avoid accurately assessing the decision situation.
Answers: True
False
  • Question 21

3 out of 3 points

An organizational culture is the set of shared, taken-for-granted implicit assumptions that a group holds and determines how it perceives, thinks about and reacts to its various environments.
Answers: True
False
  • Question 22

3 out of 3 points

Consensus is a technique used to help groups generate multiple ideas and alternatives for solving problems.
Answers: True
False
  • Question 23

3 out of 3 points

An organization is defined as a group of people who work together to achieve come specific purpose.
Answers: True
False
  • Question 24

3 out of 3 points

To be efficient does not mean to use resources- people, money, raw materials, and the like- wisely and cost-effectively
Answers: True
False
  • Question 25

3 out of 3 points

Intuition is defined as making a choice without the use of conscious thought or logical inference.
Answers: True
False
  • Question 26

3 out of 3 points

Soft skills are defined as the ability to motivate, to inspire trust, to communicate with others/
Answers: True
False
  • Question 27

3 out of 3 points

A vision statement expresses the purpose of the organization.
Answers: True
False
  • Question 28

3 out of 3 points

The problem with the classical viewpoint is that people are seen as mechanistic. Mechanistic tends to view human as cogs within a machine, not taking into account the importance of human needs.
Answers: True
False
  • Question 29

3 out of 3 points

A business plan is a document that outlines a proposed firm’s goals, the strategy for achieving them, and the standards for measuring success.
Answers: True
False
  • Question 30

3 out of 3 points

A quantitative viewpoint applies qualitative techniques to management.
Answers: True
False
  • Question 31

3 out of 3 points

Our textbook and powerpoint for Chapter 7 gives 127 rules for brainstorming.
Answers: True
False
  • Question 32

3 out of 3 points

International Money Fund (IMF) are the group responsible for Tom Cruise in the movie Mission Impossible.
Answers: True
False
  • Question 33

3 out of 3 points

Tactical goals are set by and for top management and focus on objectives for the organization as a whole.
Answers: True
False
  • Question 34

3 out of 3 points

SWOT Analysis stands for Strengths, Weaknesses, Opportunities and Treats.
Answers: True
False
  • Question 35

3 out of 3 points

The systems viewpoint regards the organization as systems of interrelated parts that operate together to achieve a common purpose.
Answers: True
False
  • Question 36

3 out of 3 points

Differentiation is defined as tendency of the parts of an organization to draw together to achieve a common purpose.
Answers: True
False
  • Question 37

3 out of 3 points

Maslow’s Hierarchy of Needs consists of all BUT one of the following:
Answers: Self-Actualization
Esteem
Social
Apple
  • Question 38

3 out of 3 points

A story is an object,act, quality, or event that conveys meaning to others.
Answers: True
False
  • Question 39

3 out of 3 points

Middle managers are those that make short-term operating decisions, direction the daily tasks of nonmanagerial personnel.
Answers: True
False
  • Question 40

3 out of 3 points

A policy designates specific required action.
Answers: True
False
  • Question 41

3 out of 3 points

Culture is defined as a shared set of beliefs, values, knowledge, and patterns of behavior common to a group of people.
Answers: True
False
  • Question 42

3 out of 3 points

A rule is an outline the response to a particular problem or circumstances.
Answers: True
False
  • Question 43

3 out of 3 points

Globalization is the trend of the world economy toward becoming a more interdependent system.
Answers: True
False
  • Question 44

3 out of 3 points

A nonprofit organization is formed to offer services to some clients, not to make a profit.
Answers: True
False
  • Question 45

3 out of 3 points

Analytics are sophisticated forms for business data analysis.
Answers: True
False
  • Question 46

3 out of 3 points

Sustainability is the economic development that meets the needs of the present and doesn’t care about the future generations or environment.
Answers: True
False
  • Question 47

3 out of 3 points

Human skills are defined as the ability to motivate, to inspire trust, to communicate with others.
Answers: True
False
  • Question 48

3 out of 3 points

Goals are specific commitment to achieve a measurable result within a stated period of time.
Answers: True
False
  • Question 49

3 out of 3 points

For profit organizations are formed to make money, or profits, by offering products or services.
Answers: True
False
  • Question 50

3 out of 3 points

Competitors are people or organizations that compete for customers or services.
Answers: True
False
  • Question 51

0 out of 3 points

Jeff Bezon is founder and CEO of Amazon
Answers: True
False
  • Question 52

0 out of 3 points

The first step in making a rational decision making is implementing and evaluating the solution chosen.
Answers: True
False
  • Question 53

3 out of 3 points

The Management Process has for main process, select the one that does not belong.
Answers: Effectiveness
Planning
Organizing
Leading
  • Question 54

3 out of 3 points

Decision making does not identify and chooses alternative courses of action.
Answers: True
False
  • Question 55

3 out of 3 points

A team leader is one that implement the policies and plans of the top managers above them and supervise and coordinate the activities of the first-line managers below them.
Answers: True
False
  • Question 56

3 out of 3 points

Mutual-benefits organizations are voluntary collectives whose purpose is to advance members’ interests.
Answers: True
False
  • Question 57

3 out of 3 points

The Mission Statement of Amazon.com: … The missionand vision of Amazon.com is: “Our vision is to be earth’s most customer-centric company; to build a place where people can come to find and discover anything they might want to buy online.
Answers: True
False
  • Question 58

3 out of 3 points

The five steps in the  strategic management process are all of the following EXCEPT
Answers: Establish the mission and vision
Assess  the current reality
Formulate the biscuits
Implement the strategy
  • Question 59

3 out of 3 points

Corporate social responsibility is the notion that corporations are expected to go above and beyond following the law and making a profit.
Answers: True
False
  • Question 60

3 out of 3 points

An organizational chart are box-and-lines illustrations showing the formal lines of authority and the organization’s official positions or work specializations.
Answers: True
False
  • Question 61

3 out of 3 points

Burger King decided to add breakfast to its hours of operation in order to increase its customers.  This was an attempt to improve the organization’s:
Answers: A.

Effectiveness

B.

Planning

C.

Leading Strategy

D.

Efficiency

  • Question 62

3 out of 3 points

A SMART Goals is defined as all of the following BUT:
Answers: Smart
Measurable
Ask
Results-oriented
  • Question 63

3 out of 3 points

Ethics are the standards of right and wrong that influence behavior.
Answers: True
False
  • Question 64

3 out of 3 points

World Trade Organization is designed to monitor and enforce trade agreements.
Answers: True
False
  • Question 65

3 out of 3 points

A policy outlines the general response to a designated problem or situation.
Answers: True
False
  • Question 66

3 out of 3 points

We talk about how technology has improved communications throughout the years. How did the characters in the HBO show, Game of Thrones communicate to other kingdoms?
Answers: E-mail
WebEx Video Chat
Apple  Face Time
Raven
  • Question 67

3 out of 3 points

An action plan defines the course of action needed to achieve the stated goal.
Answers: True
False
  • Question 68

3 out of 3 points

Benchmarking is a process by which a company compares its performance with that of high-performing organizations.
Answers: True
False
  • Question 69

3 out of 3 points

Competitive intelligence means gaining information about one’s competitors’ activities so that you can anticipate their moves and react appropriately.
Answers: True
False
  • Question 70

3 out of 3 points

Values are the standards of right or wrong that influence behavior.
Answers: True
False
  • Question 71

3 out of 3 points

A functional manager is responsible for just one organizational activity.
Answers: True
False
  • Question 72

3 out of 3 points

A mission statement expresses what the organization should become, where it wants to go strategically.
Answers: True
False
  • Question 73

3 out of 3 points

A whistle-blower is an employee, or even an outside consultant, who reports organizational misconduct to the public, such as health and safety matters, waste, corruption, or overcharging of customers.
Answers: True
False
  • Question 74

3 out of 3 points

A historical perspective is classical, behavioral, and quantitative.
Answers: True
False
  • Question 75

3 out of 3 points

Jelene sells her art through her own web site and her etsy store. She receives questions from many different countries. Jelene is engaged in______
Answers: Global trading
 E-commerce
Counter-trading
Embargo
  • Question 76

0 out of 3 points

The strategic management process as discussed in our book and class has 15, 239 steps.
Answers: True
False
  • Question 77

3 out of 3 points

A general manager is on the that is responsible for just one organizational activity.
Answers: True
False
  • Question 78

3 out of 3 points

Evidence based management is defined as translating principles based on worse evidence into organizational practice, bringing rationality to the decision making process.
Answers: True
False
  • Question 79

3 out of 3 points

Board of Directors are members elected by the stockholders to see that the company is being run according to their interest.
Answers: True
False
  • Question 80

0 out of 3 points

A market culture is driven by competition and a strong desire to deliver results.
Answers: True
False
  • Question 81

3 out of 3 points

A distributor is a person or organization that provides raw materials, services, equipment, labor or energy to other organizations.
Answers: True
False
  • Question 82

3 out of 3 points

An operating plan identifies clear targets such as revenue, cash flow, and market share.
Answers: True
False
  • Question 83

3 out of 3 points

Rudy supervises the food assembly line workers. What type of manager is he?
Answers: First-Line Manager
Top Manager
General Manager
Middle Manager
  • Question 84

3 out of 3 points

An integration is defined as a tendency of the parts of an organization to disperse and fragment.
Answers: True
False
  • Question 85

3 out of 3 points

A virtual organization is an organization whose members are geographically apart, usually working wuth e-mail, collaborative computing, and other computer connections.
Answers: True
False
  • Question 86

3 out of 3 points

Operational management focuses on managing the production and delivery of an organization’s products or services more effectively.
Answers: True
False
  • Question 87

0 out of 3 points

Sarbanes-Oxley of 2002 allows the golden parachute for top executives.
Answers: True
False
  • Question 88

3 out of 3 points

Quality assurance is the strategy for minimizing errors by managing each stage of production.
Answers: True
False
  • Question 89

3 out of 3 points

A decision tree is a graph of decisions and their possible consequences.
Answers: True
False
  • Question 90

3 out of 3 points

Being a manager is what it takes to grow or maintain a business
Answers: True
False
  • Question 91

0 out of 3 points

Entrepreneurship is defined as the process of taking risks to try to create a new empire.
Answers: True
False
  • Question 92

3 out of 3 points

A symbol is a narrative based on true events.
Answers: True
False
  • Question 93

3 out of 3 points

Competitive advantage is defined as the ability of an organization to produce goods or services more effectively than competitors do, thereby outperforming them.
Answers: True
False
  • Question 94

3 out of 3 points

Quality is defined as the total ability of a product or service to meet customer needs.
Answers: True
False
  • Question 95

3 out of 3 points

Strategic goals are set by and for middle managers and focus on the actions needed to achieve strategic goals.
Answers: True
False
  • Question 96

3 out of 3 points

Brainstorming occurs when members are able to express their opinions and reach agreement to support the final decision.
Answers: True
False
  • Question 97

3 out of 3 points

A trend analysis is a hypothetical extension of a past series of events into the future.
Answers: True
False
  • Question 98

3 out of 3 points

Top managers are those that make long-term decisions about the overall direction of the organization and establish the objectives, policies, and strategies for it
Answers: True
False
  • Question 99

3 out of 3 points

Melissa wants her employee, Ralph, to turn in his monthly sales report by the 5th of every month. This meets the ______ requirement of SMART goals.
Answers: Target dates
Specific
Measurable
Attainable
  • Question 100

3 out of 3 points

Strategy is defined as a large-scale action plan that sets the direction for an organization.
Answers: True
False