MGT 498 Final Exam 2021 / MGT498 Final Exam 2020: GRADED A | 100% CORRECT
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Course
MGT 498 (MGT498)
Institution
UNIVERSITY OF PHOENIX
MGT 498 Final Exam 2021 / MGT498 Final Exam 2020: GRADED A | 100% CORRECTMGT 498 Final Exam 2021 / MGT498 Final Exam 2020: GRADED A | 100% CORRECTMGT 498 Final Exam 2020
1. Which of the following statements is true about strategic alliances?
a. Strategic alliances exclude functions that are bou...
mgt 498 final exam 2021 mgt498 final exam 2020 graded a | 100 correct
mgt 498 final exam 2020 1 which of the following statements is true about strategic alliances a strateg
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MGT 498 (MGT498)
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MGT 498 Final Exam 2020
1. Which of the following statements is true about strategic alliances?
a. Strategic alliances exclude functions that are bought through bidding.
b. In strategic alliances, the power to make decisions is always evenly
distributed amidst the firms.
c. Strategic alliances usually lead to one of the firms losing their relational
advantage.
d. In strategic alliances, companies may choose to cooperate at any stage along
the value chain.
2. Which of the following statements is true of corporate culture?
a. Culture proves to be very weak because it cannot inform action without the
need for supervision.
b. Put simply, culture is just how things are done in any organization.
c. It consists of behavioral assumptions that are considered inappropriate for
organizational members.
d. An organization’s culture, by itself, can be regarded as good.
3. The relatively fixed costs such as the costs of plant and equipment, which
do not increase with an increase in the number of units manufactured, are
known as _____.
a. fixed cost of supply
b. fixed cost of demand
c. fixed cost of production
d. fixed cost of scale
4. A tool that measures four broad areas of organizational performance
which are financial results, customer goals, internal business processes,
and learning and growth is called the _____.
a. metric tool
b. performance indication register
c. manager’s log
e. balance scorecard
5. Godwel Inc., an insurance company, wants to assign accountability for
particular tasks. It wants to measure the performance of every unit of the
company. Which of the following organizational elements will help Godwel
accomplish the given task?
, a. Style
b. Skill
c. Strategy
d. Structure
6. Blue Corp., a car manufacturing company, reaches its five-year goal of
becoming market leader in the domestic market. Upon reaching saturation
in the local market, it decides to expand its market globally in order to
increase its profits. Which of the following is likely to be the primary
reason for Blue to enter the global market?
a. Longer product life
b. Sales growth
c. Lower-cost resources
d. Product differentiation
7. BizTechno Inc. has always retained competitive advantage over its
competitors. The company has offered customer satisfaction for many
years by providing the best services and benefits for them. The resources,
capabilities, and the organizational structure of the organization have also
created an increased edge over its competitors. Which of the following does
this scenario best illustrate?
a. Employee specialization
b. Value chain
c. Business model
d. Task specialization
8. CharmingBells Inc. has been running into a loss gradually, but the board
of directors are reluctant to shut the company down because it has invested
millions of dollars’ worth of equipment which can only be used in that
industry. Moreover, the people in CharmingBells Inc. have become
emotionally attached to the company and do not want the company
completely shut down. This scenario best illustrates _____.
a. high exit barriers
b. used production capacity
c. unused production capacity
d. high fixed costs
9. Jason, a visually impaired employee of Melony Inc., believes that his
workplace has given him independence and self-confidence, thereby
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