MAN Exam 1 Quiz Questions – Flashcards
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Managers do not spend all of their time managing.
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True
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Empowerment is the process of asking an individual to think, behave, take action, and control work and decision making in an organization.
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False
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There are two major functions that all successful managers perform.
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False
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The principles of management are drawn from a number of academic fields, principally, the fields of:
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Leadership, management, and strategy
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Three different types of planning used in the function of management are:
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Strategic, tactical, and operational
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Effective controlling requires the existence of plans...
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Since planning provides the necessary performance standards or objectives
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Three key managerial skills are:
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Conceptual, human, and technical
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To be successful, empowerment requires:
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Motivated skilled workers, and managers focused on employee development and power sharing
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Corporate social responsibility (CSR) involves:
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actions designed to protect and improve society, actions designed to protect and improve the corporation's own interests, actions to improve the inactive relationship between the corporation and its business environment
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The four functions of management are:
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Planning, leading, organizing, and controlling
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Only supervisors are affected by the principles of management.
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False
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Planning is a function of management that involves setting objectives and determining a course of action for achieving these objectives.
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True
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To be effective at leading, managers must first understand their employees' personalities, values, attitudes, and emotions.
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True
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Reducing waste and pollution is a key indicator of performance.
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True
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Leadership involves the use of power and authority, while management involves the use of non-coercive influence.
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False
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Global trends affect both the style and the substance of management.
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True
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As the economy moved from manufacturing to services, the need for engaging workers' minds and hearts became more important.
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True
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People who behave unethically have a character flaw.
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False
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Which of the following is clearly linked to gaining a competitive advantage?
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Managing human resources
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The scientific approach to management is sometimes referred to as:
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Taylorism
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People in societies where uncertainty avoidance is high:
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Want strict rules, laws, and policies
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The changing demographics are most important to which major challenge?
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Managing diversity
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People in high power distance societies expect:
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Unequal power distribution
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Countries with low collectivism:
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All of the above
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Managing diversity is a major challenge facing organizations today.
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True
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Leaders of an organization set the moral tone of the organization.
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True
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Operating in global markets is a new concept for business organizations.
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False
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Ethics implies deciding on a course of action when clear decision rules are available.
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False
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Five dimensions of national culture is a framework created by Geert Hofstede.
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True
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The Nature vs. Nurture debate is focused on:
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The origin of personality
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At work, two job attitudes that have the greatest potential to influence how we behave are:
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Job satisfaction and organizational commitment
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Rather than to actual behaviors, attitudes are more strongly related to:
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Intentions
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The values that are important to a person tend to affect the types of decisions they make.
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True
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Under the psychological contract, an employee may believe that if he or she works hard and receives favorable performance evaluations, he or she will receive an annual bonus.
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True
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Our personality is another explanation for why we perform citizenship behaviors.
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True
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Focusing on some aspect of the environment and ignoring other elements is called:
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Selective perception
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________ are voluntary behaviors employees perform to help others and benefit the organization.
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Organizational citizenship behaviors
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The three components of the perception process are:
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Perceiver, target, situation
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When engaging in job design or enrichment, a manager should consider:
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Personality in relation to work behavior
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Studies show that our personality does not have lasting consequences for us.
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False
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Job attitudes are more related to citizenship behaviors than they are to job performance.
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True
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Organizational commitment is the unemotional attachment people have toward the company they work for.
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False
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Biased visual perception may not necessarily lead to inaccurate inferences about the people and objects around us.
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False
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Stereotypes are generalizations based on an individual characteristic.
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False
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Firms with clearly communicated, widely understood and collectively shared mission and vision have been shown:
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Perform better than those without them
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Those stakeholders most often emphasized in mission statements are:
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Customers and employees
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The strategy should flow directly from the mission, since the strategy is intended to achieve the mission and satisfy the organization's vision.
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False
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Strategy encourages actions that support the culture of the organization.
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False
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Consciously creating an environment where passion is both encouraged and developed starts at the top through the communication of mission and vision.
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True
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How are shareholders affected by a firm's strategies?
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Their wealth increases or decreases with the firm's actions
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The ______ is how the firm aims to realize it mission and vision.
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Strategy
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A _______ communicates the organization's reason for being, and how it aims to serve its key stakeholders.
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Mission statement
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________ are those parties who have some influence over the organization or stake in its future.
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Stakeholders
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_________ is the function of management that involves developing an organizational structure and allocating human resources to ensure the accomplishment of objectives.
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Organizing
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Mission and vision communicates the organization's values and purpose.
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True
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The best vision statements create harmony with regard to the status quo.
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False
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Customers, employees, and investors are the stakeholders most often emphasized in the mission statement.
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True
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Nominal Group Technique (NGT) requires extensive preparation and supplies.
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False
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Managers develop mission and vision statements not only to clarify the organization's larger purpose, but also to meet or exceed the needs of its stakeholders.
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True
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Strategy formulation answers the question:
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What should be our strategy?
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A firm's strategy includes which of the following?
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Captures how vision and mission will be achieved
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Characteristics of MBO include which of the following?
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Systematic and organized approach
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Success and progress in achieving goals and objectives will be indicated by how well the vision and mission are achieved.
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False
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Functional areas, like accounting and marketing, will need to have goals and objectives that help show how those functions are contributing to the organization's goals and objectives.
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True
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Goals and objectives provide a form of control since they create a feedback opportunity regarding how well or how poorly the organization is executing its strategy.
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True
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Superiority in competitive advantage refers to all of the following factors except:
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Low cost
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For a differentiation strategy to be effective, the product difference should not be based on:
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Price
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Straddling strategies as an approach to strategic management is not recommended for which reason:
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It is an indication that the firm's managers have not made necessary choices about the business and its strategy
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Using Porter's analysis, firms are likely to generate higher profits if the industry includes which of the following?
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Difficult to enter
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Strategic management process is the coordinated means by which an organization chooses its mission and vision.
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False
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Not all organizations need strategies to survive and thrive.
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False
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One approach to focusing is to service either industrial buyers or consumers, but not both.
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True
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A cost-focus strategy is a low-cost, narrowly focused market strategy.
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True
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A firm that possesses a valuable and rare resource will not gain a competitive advantage unless it can actually put that resource to effective use.
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True
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For successful business organizations, the only constant is _______.
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Change
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When a company has a diverse product line, each product will have unique demands, deeming divisional structures more useful.
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True
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In an example of a matrix structure at a software development company, business analyst, developers, and testers each report to a functional department manager and to a project manager simultaneously.
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True
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The U.S. Department of Labor and the Organization for Economic Co-operation and Development have reported that the average age of the U.S. workforce will decrease as the baby boom generation nears retirement age.
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False
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Despite potential benefits, the disadvantages of a matrix structure include which of the following?
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There is potential conflict with team members and team leaders
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Organizational change can take the form of which of the following?
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Structure, strategy, policies, or culture
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Organizational structure is a formal system of task reporting and reporting relationships that:
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Control employees, coordinate employees, and motivate employees
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A number of things organizations can do prior to change to prepare employees include which of the following?
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Allow employees to participate
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Why do employees who participate in planning change efforts tend to have more positive opinions about the change?
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They will have a sense of ownership of the planned change and are more likely to be on board
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In order to make change permanent, the organization may benefit from sharing the results of the change efforts with:
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Employees
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Some employees are more comfortable in a centralized organization where their manager confidently gives them instructions and makes decisions.
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True
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Functional structures tend to be effective when an organization has a large number of product and services requiring special attention.
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False
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The act of including employees in the change process can drastically reduce opposition to new methods.
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True
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Globalization can be either a threat or an opportunity, depending on their ability to adapt to relevant changes.
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True
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In order to convince, people that change is needed, the change leader must convince every person individually.
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False