Which of the following questions is addressed by the organizational perspective of management? - Answer How will performance be measured?
Z-Gadget organizations often face opposition when they go into a community to open a new Z-Gadget store. One reason for this is that the management of Z-Ga...
MGMT 220 Exam 1 (Chapters 1-4)
Questions And 100% Correct Answers.
Which of the following questions is addressed by the organizational perspective of management? -
Answer How will performance be measured?
Z-Gadget organizations often face opposition when they go into a community to open a new Z-Gadget
store. One reason for this is that the management of Z-Gadget has been accused of unethical acts such
as discriminating against women and minorities. The top manager's poor treatment of women and
minority employees might be considered a failure with respect to what area of management? - Answer
Individual leadership
Which of the following is the most important skill of a middle manager? - Answer Interpersonal skills
such as motivating and developing teams
John is a top executive in an organization. He is involved in developing and improving the organization's
strategy by working along with other senior executives. From this scenario, it can be inferred that John
uses _____ of management. - Answer Conceptual skills
Harry, a top manager of an organization, clearly differentiated the tasks and responsibilities of his
employees. Moreover, he emphasized that top level executives should do the planning and the lower
level executives should execute those plans. Identify the management technique used by Harry. - Answer
Bureaucratic organization structure
The factor that distinguishes human relations movement from scientific management is that human
relations movement: - Answer Emphasized the importance of informal social relations at work
According to the _____ view of the firm, the job of top managers was to produce the highest possible
stock market valuation of the firm's assets. - Answer Shareholder
_____ is a business framework that attempts to organize and analyze multiple groups that interact with
the firm. - Answer Stakeholder view
, The first step of stakeholder mapping process involves: - Answer Mapping all of the stakeholder
relationships with the firm
Which of the following refers to the systematic assessment of the external environment to prepare for a
possible range of alternative futures for the organization? - Answer Contingency planning
Fine Electronics, a manufacturing company, plans to secure new suppliers in Rhodia. There-fore, the
manager of the company and his executives visit Rhodia to better understand its culture and explore
opportunities. This shows that the manager of Fine Electronics is using _____ to make strategic changes.
- Answer Contextual intelligence
Which of the following is a significant factor in building contextual intelligence? - Answer Developing
appreciation and awareness of history
To remain competitive, companies: - Answer Can no longer sell exclusively in their domestic markets
Identify the country that is represented by NAFTA - Answer Mexico
Which of the following trade agreements does Costa Rica belong to? - Answer Central American
Common Market
The fourth largest regional trading group, MERCOSUR, comprises the countries of: - Answer Argentina,
Brazil, Paraguay, Uruguay, and Venezuela
Of the three main principles of GATT, the most favored nation principle meant that: - Answer A tariff
rate granted to one member of GATT would be extended to all members
Identify the trade agreement that created a single market by a system of laws that apply in all member
states, guaranteeing the freedom of movement of people, goods, services, and capital. - Answer
European Union
A firm's task environment includes: - Answer Competitors, suppliers, and customers
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