MGT330 Final Exam4
MGT330 Final Exam4
Popular in Course
verified elite notetaker
Popular in Department
This 0 page Study Guide was uploaded by tophomework Notetaker on Thursday November 12, 2015. The Study Guide belongs to a course at a university taught by a professor in Fall. Since its upload, it has received 14 views.
Reviews for MGT330 Final Exam4
Report this Material
What is Karma?
Karma is the currency of StudySoup.
You can buy or earn more Karma at anytime and redeem it for class notes, study guides, flashcards, and more!
Date Created: 11/12/15
1 The key management functions include A Planning operations labor and contracting C Marketing finance accounting and production D Hiring training appraising and firing 2 Building a dynamic organization is another way of describing which function of management A Leading B Planning D Controlling 3 The moral principles and standards that guide behavior in the world of business are called A Business principles C Business development D Business philosophy 4 involves analyzing a situation determining goals to be pursued and deciding upon the actions that will be taken to achieve these goals A Organizing B Staffing C Leading 5 The macroenvironment includes all of the following EXCEPT A International developments C Government policies I D New entrants 6 Robert was recently hired as the workplace safety compliance officer at ABC Power Company Robert will have the responsibility to monitor regulations from which of these government agencies A Federal Communications Commission B National Labor Relations Board C Environmental Protection Agency 7 Specific government organizations in a firm39s immediate task environment are called A substitutes II C new entrants D economic indicators 8 A clear advantage of the product form of departmentalization is that task responsibilities are clear B False 9 The first step in effective delegation is selecting the person to whom you will delegate A True 10 The targets or ends the manager wants to reach are called B Mission statement C Plans D Vision 11 Which is the first step in the formal planning process A Goal and plan evaluation B Monitor and control D Implementation 12 The outcome of situational analysis is A The identification of alternative plans of action C The identification of contingency plans to be followed under various scenarios D The identification of the consequences of alternatives under consideration 13 A plan designed to achieve a set of goals that are not likely to be repeated in the future is a A Standing plan B Strategy D Mission statement 14 A plan to integrate new employees into a new system of payroll is an example of which type of plan Assume that you anticipate making this change only once A Standing plan C Singleuse plan D Onsite plan 15 plans might be referred to as quotwhatifquot plans A Singleuse C Strategic D Standing 16 Honesty caring loyalty fairness and integrity are all examples of A Citizenship B Selffocus D Ethics 17 Which of the following statements is TRUE regarding employee behavior When corporations behave badly it is usually not the problem of top executives or rankand file employees B There is no evidence that corporations ever behave badly D When corporations behave badly only the top executives suffer 18 The moral principles and standards that guide behavior in the world of business are A Business philosophy C Business development D Business principles 19 The assignment of additional responsibilities to a subordinate is referred to as A Pandering C Centralization D Span of control 20 Human resources planning has three stages They are A Hiring training and firing B Recruiting screening and hiring D Planning executing and delivering 21 Companies use empowerment programs continuous improvement and total quality initiatives to achieve A Imitation B Rareness D Complete organization 22 The assignment of different tasks to different people or groups is the A Organization structure B Value chain D Strategic plan 23 A process in Which different individuals and units perform different tasks is A Authority B Differentiation D Accountability 24 Which of these is created through the division of labor and job specialization A Coordination B Span of control D Integration 25 Which of the following is an advantage of product departmentalization A Suitable for stable environments B Decision making and lines of communication are simple C Efficient resource utilization 26 Which of the following statements regarding departmentalization is FALSE B Geographical departmentalization can allow an organization to provide faster service C In a product structure information needs are managed more easily D Functional departmentalization is not as strong an organizational building block as it once was 27 Ruby recently accepted a job with a large insurance firm as an internal auditor Ruby has found that her job is different than the internship she had at an accounting consulting firm The insurance firm has strictly defined job responsibilities and lines of communication For every decision Ruby needs to make approval must be obtained from upper management Overall she has found the atmosphere to be quite formal as compared to the internship Ruby has concluded that the insurance firm has A Decentralized authority B An ineffective structure C A matrix design 28 A mental image of a possible and desirable future state of the organization is an B Strategic plan C Goal D Operational plan 29 Which of the following statements regarding vision is NOT accurate B Many people do not develop a clear vision C A person can develop a vision for any task D Many people focus on performance daytoday survival 30 power is dominant when a leader utilizes his or her ability to control rewards A Referent B Legitimate D Reward 31 Legitimate power is described as power that exists through B Control over punishments C The authority to tell others what to do D Control over rewards 32 Which type of power is dominant when a leader utilizes her ability to control punishments B Legitimate power C Coercive power D Reward power 33 Behavior that gives purpose and meaning to organizations while envisioning and creating a positive future is A Task leadership B Supervisory leadership C Organizational leadership 34 Under member countries have agreed to adopt a common European currency called the Euro B North American Free Trade Agreement NAFTA C the General Agreement on Tariffs and Trade D the Maastricht Treaty 35 NAFTA combined the economies of A The US the European Union and North America C Latin America Pacific Rim and the European Union D South America the US and Latin America E Canada Mexico and South America 36 To be competitive in a global economy Europeans must increase their level of A Philanthropic contributions B Population density C Espionage activity 37 Control based on the use of pricing mechanisms and economic information is A Feed forward control B Clan control D Feedback control 38 The use of rules regulations and authority to guide performance is A Concurrent control B Clan control C Market control 39 Which of the following is not a symptom of an outofcontrol company A Bad information systems C Lack of periodic reviews D Excessive policies 40 Which of the following is NOT one of the four major steps in the control process A Setting standards B Taking corrective action C Revising standards 41 Expected performance for a given goal is a target that establishes a desired performance level motivates performance and serves as a benchmark against which actual performance and is assessed as a A Management audit B Budget C Debtequity ratio 42 When Jennifer concentrates on the significant deviations from established standards she is using A The principle of deviation C The principle of exception D Unreasonable control
Are you sure you want to buy this material for
You're already Subscribed!
Looks like you've already subscribed to StudySoup, you won't need to purchase another subscription to get this material. To access this material simply click 'View Full Document'