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mgt230finalexam

mgt230finalexam

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Published by TYRONE MESTO
k;sk;mar mgt230
k;sk;mar mgt230

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Categories:Topics, Art & Design
Published by: TYRONE MESTO on Mar 31, 2013
Copyright:Attribution Non-commercial

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12/08/2013

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1) Planning involves which of the following?A. Analyzing current situationsB. Determining rewards for goals achievementC. Motivating employeesD. Implementing necessary changes2) _______ is specifying the goals to be achieved and deciding in advance the appropriateactions needed to achieve those goals.A. StaffingB. LeadingC. OrganizingD. Planning3) Advances in genetic engineering and biotechnology are expected to produce some foodproducts that will become available year-round even in northern climates. These changes willprovide grocers with an opportunity to reduce their shipping costs while at the same time,offering fresher produce to their customers. These advances are an example of changes in theA. technological environmentB. economic environmentC. political environmentD. ecological environment4) _________ trends regarding how people think and behave have major implications formanagement of the labor force, corporate social actions, and strategic decisions aboutproducts and markets.A. PsychologicalB. EconomicC. TechnologicalD. Societal
 
5) Which of the following is a step in the decision-making process?A. Generating an ideaB. Good business planningC. Evaluating the decisionD. Delegating a task 6) Which is a step in the decision-making process?A. Resolving and reducing conflictB. Making the choiceC. Using the lack of structureD. Delegating a task 7) The targets or ends the manager wants to reach are calledA. goalsB. missionsC. visionsD. strategies8) In the _______________ stage of the planning process, managers should weigh theadvantages, disadvantages, and potential effects of each alternative goal and planA. goal and evaluationB. goal and plan selectionC. implementationD. alternate goals and plans9) Tactical planning would include which of the following?A. Profit goals
 
B. Design, test, and install the equipment needed to produce a new product lineC. Human resources requirementsD. Return on investment10) The internal analysis component of the strategic management process assesses theorganization’sA. performance levelsB. competitorsC. industry growth rateD. product substitutions in the market11) Suppose you face a question regarding how to handle a defective piece of equipment thatyour company sold. To tell the customer would cost you a substantial amount of money, but if the equipment fails, it could lead to serious injury of the customer. You decide to disclose thedefect and suggest alternatives to eliminate the risk of injury. This decision employs whichethical approach?A. UniversalismB. EgoismC. RelativismD. Virtue ethics12) Your organization faces an ethical question. There has been a problem with youraccounting process that has resulted in lower profits being reported than were actuallyearned. You are attending a meeting where senior management is deciding how to handle thesituation. The people at the table have varying views of what action to take and why. Johnwants to report the error immediately because he believes that it is the right thing to do andthat will keep them all out of jail. Bruce wants to report the error because it is the honestthing to do. After hearing his colleagues' opinions, Carlos says he wants to report the error aswell because he believes the group is right. Carlos is using which ethical system for hisdecision making?A. UniversalismB. RelativismC. UtilitarianismD. Virtue ethics

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