Bus Policy Quiz 7 & 8 – Flashcards
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Wellness programs
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are becoming more prevalent as companies realize the benefits to the firm
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Which organizational structure is the most widely used?
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Functional
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A divisional structure by geographic area is most appropriate when
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organizations have similar branch facilities located in widely dispersed areas.
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Glass ceiling refers to
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the invisible barrier in many firms that bars women and minorities from top-level management positions
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"All of our locations will be open at least two evenings per week until 8:30 pm" is an example of a(n)
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policy
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A change strategy that attempt to convince people that the change is to their personal advantage is
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rational
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Changing a strategy to fit an existing culture
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is usually less effective than changing a firm's culture to fit a new strategy
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What is the most complex form of organizational structure?
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Matrix
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Which approach for managing and resolving conflict involves playing down differences between conflicting parties, while accentuating similarities and common interests?
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Defusion
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A divisional structure by product is most effective when
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All of these
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Just-in-time describes
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delivering materials just as they are needed
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What is NOT one of the basic ways a divisional structure can be organized?
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By cost
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Which term is primarily concerned with shareholder well-being rather than employee well-being?
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Restructuring
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Conflict in an organization is
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not always bad
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What action involved reconfiguring or redesigning work, jobs, and processes for the purpose of improving cost, quality, service, and speed?
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Reengineering
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Which of the following is not a management issue central to strategy implementation
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Performing an internal audit
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Which of the following is in keeping with the current view of organizational change?
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Organizational change is a continuous process
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In 2017, which governmental entity will impose penalties up to $450 on any employee who fails to undergo certain health screenings or treatment plans?
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State of Maryland
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For upper-level executives, _____ is the major variable used for compensation incentives
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stock price
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Considerable time and effort should be devoted to assuring objectives are well conceived because they represent the basis for
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all of these
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Which of the following is not given as an example of a decision that may require finance/accounting policies?
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To be a price leader or a price follower
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Which one of the following statements regarding stock issuances is true?
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They are not always better than debt for raising capital
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The current attitude of U.S. firms toward research and development is best described by which of the following?
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The veil of secrecy is being lifted, resulting in more collaboration
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The amount by which retained earnings changes is obtained by subtracting
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any dividends to be paid for that year from net income.
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Multidimensional scaling is used in
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perceptual mapping
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Projected financial analysis is an important strategy-implementation technique because
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it allows an organization to examine the expected results of strategies being implemented
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An area on a perceptual map without ideal points indicates a
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demand void
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Evaluating the worth of a firm
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requires both qualitative and quantitative skills
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If an initial stock issuance is $800,000, what would be the expected cost paid to lawyers, accountants, and underwriters, based on the average for IPOs in this range?
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$200,00
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Which of the following variables is NOT directly affected by market segmentation?
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Process
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In the context of a balance sheet, goodwill represents
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a premium paid over the book value for an acquisition
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In preparing projected statements, to project cost of goods sold in the income statement, which of these methods is recommended?
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Percentage-of-Sales Method
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The Financial Accounting Standard Board (FASB) Rule 142 deals with
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goodwill
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Which method of determining a firm's net worth divides the market price of the firm's stock by the annual earnings per share, and multiplies this number by the firm's average net income for the past five years?
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Price-Earnings Ratio Method
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A conservative rule of thumb is to establish a business' worth as _____ the firm's current annual profit.
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five times
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All of the following are true EXCEPT
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in 2015 the number of LinkedIn users was closer to the number of Facebook users than to the number of Twitter users.
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What is a central strategy-implementation technique that allows an organization to examine the expected results of various strategy implementation decisions?
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Projected financial statement analysis
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What portion of the firms going public in 2014 were unprofitable?
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Nearly three quarters
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All of the following are strategic marketing issues or decisions EXCEPT
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to use operating leverage
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Which of the following is NOT an accepted approach for determining a business's worth?
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The Return on Investment Method
