Q1. A good tactic for career management is to work for a manager who will play a constructive role in your career.
\n a. true
\n b. false<\/p>\n
Q2. To be effective, a manager must simply understand how the four management functions are defined and related.
\n a. true
\n b. false<\/p>\n
Q3. The maintenance stage is the second stage of career evolution and occurs when individuals from about 25 to 45 years old start to become productive.
\n a. true
\n b. false<\/p>\n
Q4. Technical skills involve the ability to build cooperation within the team being led.
\n a. true
\n b. false<\/p>\n
Q5. Managerial effectiveness is measured by the extent to which the manager achieves organizational goals.
\n a. true
\n b. false<\/p>\n
Q6. The statement that management principles are universal means that these principles apply to all types of organizations and organization levels.
\n a. true
\n b. false<\/p>\n
Q7. Organizational resources include monetary, human, raw materials, and capital.
\n a. true
\n b. false<\/p>\n
Q8. When an individual loses interest in his career, fails to keep his job skills updated, and suffers a lack of productivity, he has most likely entered which stage of his career?
\n a. maintenance
\n b. establishment
\n c. exploration
\n d. trial
\n e. decline<\/p>\n
Q9. Management is the process of reaching organizational goals by working with and through people and other resources.
\n a. true
\n b. false<\/p>\n
Q10. A number of interdependent parts functioning independently of each other are a system.
\n a. true
\n b. false<\/p>\n
Q11. Gantt’s favored compensation system incorporated a piece-rate system and a bonus system.
\n a. true
\n b. false<\/p>\n
Q12. A plant is an example of an open system.
\n a. true
\n b. false<\/p>\n
Q13. Which of the following researchers has made the greatest contribution to the human relations movement?
\n a. Frederick Taylor
\n b. L. Thomas Hopkins
\n c. Lillian Gilbreth
\n d. Abraham Maslow
\n e. Henry Fayol<\/p>\n
Q14. The scientific management approach to management emphasizes the ‘one best way’ to perform a task.
\n a. true
\n b. false<\/p>\n
Q15. Which of the following is most accurate when describing the management thinking that emerged as a result of the Hawthorne studies?
\n a. social relationships are unimportant in worker performance
\n b. the emphasis should be placed on task efficiency in job design
\n c. the human variable in organizations required much more analysis
\n d. job design should involve the bonus system
\n e. managerial problems should be solved through the utilization of management science techniques<\/p>\n
Q16. Douglas McGregor emphasized a management philosophy built upon the views that people can be self-directed and accept responsibility.
\n a. true
\n b. false<\/p>\n
Q17. The management system is a closed system.
\n a. true
\n b. false<\/p>\n
Q18. The classical approach to management was the product of the first concentrated effort to develop a body of management thought.
\n a. true
\n b. false<\/p>\n
Q19. Organizations characterized by attitudes and behaviors consistent with either the social responsibility or the social obligation approach are generally more socially responsive than organizations characterized by attitudes and behaviors consistent with the social responsiveness approach.
\n a. true
\n b. false<\/p>\n
Q20. One of the strong arguments for business performing socially responsible activities is that business is a very influential member of society, so it has the responsibility to help maintain and improve the overall welfare of society.
\n a. true
\n b. false<\/p>\n
Q21. Using ethics as a major guide for making and evaluating business decisions is only popular in the United States.
\n a. true
\n b. false<\/p>\n
Q22. Adherence to legislated social responsiveness is the minimum standard of social responsibility performance that managers must achieve.
\n a. true
\n b. false<\/p>\n
Q23. There is very little controversy regarding the need for corporations to be actively involved in socially responsible behavior.
\n a. true
\n b. false<\/p>\n
Q24. Which federal agency strives to reduce consumer misunderstandings of manufacturers’ product design, labeling, and so on, by promoting clarity of these messages?
\n a. Environmental Protection Agency
\n b. Equal Employment Opportunity Commission
\n c. Occupational Safety and Health Administration
\n d. Consumer Product Safety Commission<\/p>\n
Q25. Which of the following stakeholders is owed the obligation of having debts repayed?
\n a. Banks and Lenders
\n b. Consumers
\n c. Government
\n d. Stockholders<\/p>\n
Q26. The philosophy that you should act in a way you would expect others to act toward you is known as the utilitarian principle.
\n a. true
\n b. false<\/p>\n
Q27. A prejudice is a preconceived judgment, opinion, or assumption about an issue, behavior, individual, or group of people.
\n a. true
\n b. false<\/p>\n
Q28. ‘Token’ employees are always given very high visibility in an organization.
\n a. true
\n b. false<\/p>\n
Q29. According to The Hudson Institute report, the United States must pay more attention to its share of world trade and less to the growth of the economies of other nations of the world so that we can have a worse economy.
\n a. true
\n b. false<\/p>\n
Q30. ________ is a preconceived judgment, opinion or assumption about an issue.
\n a. Ethnocentrism
\n b. A stereotype
\n c. Tokenism
\n d. Prejudice<\/p>\n
Q31. Role conflict refers to having too many expectations to comfortably fulfill.
\n a. true
\n b. false<\/p>\n
Q32. Diversity is the degree of basic human differences among a given population.
\n a. true
\n b. false<\/p>\n
Q33. Managers cannot rise to the challenge of managing a diverse workforce unless they recognize that many employees have difficulties coping with diversity.
\n a. true
\n b. false<\/p>\n
Q34. The multicultural approach to organizational diversity is the most effective approach to pluralism.
\n a. true
\n b. false<\/p>\n
Q35. One of the similarities of international management and domestic management is that the vast majority of countries experience the industrial revolution at the same time.
\n a. true
\n b. false<\/p>\n
Q36. Third-country nationals are organization members who are citizens of the country in which the facility of a foreign-born organization is located.
\n a. true
\n b. false<\/p>\n
Q37. Managers who usually make foreign investments normally expect such investments will allow participation in the rapid expansion of a market abroad.
\n a. true
\n b. false<\/p>\n
Q38. Host-country nationals are organizational members who are citizens of one country and who work in another country for an organization headquartered in still another country.
\n a. true
\n b. false<\/p>\n
Q39. One form of international management is fighting competition in foreign markets.
\n a. true
\n b. false<\/p>\n
Q40. The geocentric attitude reflects the belief that the overall quality of management recommendations, rather than the location of managers, should determine the acceptability of management practices used to guide multinational corporations.
\n a. true
\n b. false<\/p>\n
Q41. Importing is the buying of goods or services from another country.
\n a. true
\n b. false<\/p>\n
Q42. Recently, investments by foreign countries in the United States are growing more rapidly than U.S. investments in foreign countries.
\n a. true
\n b. false<\/p>\n
Q43. Individuals with extended social networks are more likely to identify potential entrepreneurial opportunities than those with more narrow social networks.
\n a. true
\n b. false<\/p>\n
Q44. ________ occurs when a firm attempts to alter its own competitive strategy.
\n a. Domain definition
\n b. Sustained regeneration
\n c. Strategic renewal
\n d. Organized rejuvenation<\/p>\n
Q45. Today, approximately ________ angel investors provide capital to companies each year.
\n a. 40,000
\n b. 4,000
\n c. 400,000
\n d. 14,000<\/p>\n
Q46. ________ of new organizations are started by entrepreneurial teams.
\n a. 30%
\n b. 75%
\n c. 60%
\n d. 45%<\/p>\n
Q47. With respect to corporate entrepreneurship, sustained regeneration occurs when firms develop new culture, processes, or structures to support new product innovations.
\n a. true
\n b. false<\/p>\n
Q48. Opportunity evaluation is the first stage of the entrepreneurial process.
\n a. true
\n b. false<\/p>\n
Q49. ________ is the likelihood and magnitude of an opportunity’s downside loss.
\n a. Feasibility analysis
\n b. Entrepreneurial risk
\n c. Entrepreneurial alertness
\n d. Information asymmetry<\/p>\n
Q50. ________ are firms that raise money from investors and then use money to make investments in new firms.
\n a. Entrepreneurs
\n b. Lending institutions
\n c. Angel investors
\n d. Venture capitalists<\/p>\n","protected":false},"excerpt":{"rendered":"
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