To build contextual intelligence, a manager should not:
A. Map stakeholder relationships
B. Stay attuned to trend
C. Develop an awareness of history
D. Seize firsthand experience correct answers A. Map stakeholder relationships
Nathan works at GoDrive Rentals, a car rental company. His job i...
MGMT 310 Exam 1 (Chapters 1-4) || with 100% Error-free
Answers.
To build contextual intelligence, a manager should not:
A. Map stakeholder relationships
B. Stay attuned to trend
C. Develop an awareness of history
D. Seize firsthand experience correct answers A. Map stakeholder relationships
Nathan works at GoDrive Rentals, a car rental company. His job involves motivating and
developing the company's sales teams as well as working with senior executives in developing
and refining the company's marketing and sales strategies. From the given description, it can be
concluded that Nathan is most likely a(n):
A. HR manager
B. Senior executive
C. Entry-level employee
D. Middle-level manager correct answers D. Middle-level manager
VUCA is an acronym for ___________ that captures the context in which today's organizations
compete.
A. Visionary, uncertain, coordinated, and applied
B. Volatile, unclear, certain, and allowable
C. Volatile, uncertain, complex, and ambiguous
D. Verifiable, uncharacteristic, complex, and ancillary correct answers C. Volatile, uncertain,
complex, and ambiguous
Forecasting the likely result that might occur when several events and stakeholders are linked
together is known as:
A. Contingency planning
B. Trend analysis
C. Scenario building
D. Strategic reviewing correct answers C. Scenario building
According to Weber, which of the following is a feature of an ideal bureaucracy?
A. Clear differentiation of tasks and responsibilities among individuals
B. Coordination achieved through interpersonal communication and networking
C. A flat structural organization with few or no levels of separation between managers and their
subordinates
D. The prevalence of informal social relations at work correct answers A. Clear differentiation of
tasks and responsibilities among individuals
A firm's strategic choices and leadership approaches need to:
A. Adapt and change to retain their relevance B. Steer clear of cultural and socioeconomic
influences
C. Be independent of each other
, D. Be rigid and concrete to be effective correct answers A. Adapt and change to retain their
relevance
The stakeholder view of the firm does all of the following except:
A. Aligns organizational practices to satisfy the needs of these various groups
B. Helps managers understand the internal and external environment.
C. Aims to produce the highest possible stock market valuation of the firm's assets.
D. Identifies and analyzes multiple groups that interact with the firm correct answers C. Aims to
produce the highest possible stock market valuation of the firm's assets
Sally is the manager of Grubb It, a fast-food outlet. She is looking out for trends or events that
could turn out to be a problem for the outlet in the future. She believes that the outlet's close
proximity to a school could pose a problem, because of a growing concern over childhood
obesity. In this scenario, Sally is involved in:
A. A strategic review process
B. Contingency planning
C. Stakeholder mapping
D. Environmental scanning correct answers D. Environmental scanning
Which of the following is the first step in the stakeholder mapping process?
A. Determine stakes for each stakeholder
B. Identify specific subsets within stakeholders
C. Define connections between various stakeholders
D. Map all stakeholder relationships of the firm correct answers D. Map all stakeholder
relationships of the firm
The _________ saw the firm as a mechanism for converting raw materials into products to sell to
customers.
A. Contingent view
B. Stakeholder view
C. Shareholder view
D. Managerial view correct answers D. Managerial view
Which of the following actions is more likely to be taken by a manager rather than a leader?
A. Striving for change and innovation through inspiration and motivation
B. Setting direction for a firm and aligning people to focus on the organization's vision
C. Working with a group of people to accomplish a desired goal in an efficient manner
D. Defining the competitive landscape of an organization and setting strategic goals for the long
term correct answers C. Working with a group of people to accomplish a desired goal in an
efficient manner
_______ focuses on how jobs, work, and incentive schemes could be designed to improve
productivity using industrial engineering methods.
A. The contingent view of management
B. A bureaucracy
C. The human relations movement
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller FullyFocus. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $11.76. You're not tied to anything after your purchase.
