Mid term test Code 3

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1. Planning is the process of determining how the organization will achieve itsobjectives
A. True B. Fale
2. The affirmative purpose of planning is to ________.
A. increase the degree of organizational success
B. increase the level of workplace diversity
C. optimize the use organizational resources
D. refine work methods and reduce production costs
E. improve organizational compliance with industry standards
3. According to Fayol's guidelines for organizing resources, you should avoid
A. formulating precise decisions B. using sanctions against faults and errors
C. instituting and effecting controls D. regulations, redtape, and paperwork
E. defining duties
4. In a division-of-labor situation__________
A. the importance of effective coordination of the different individuals doingportions of the task is obvious
B. managers should plan for coordination
C. the territory being covered, and the customer being targeted.
D. functions are typically divided into the major categories of marketing,production, and finance
5. Choose the wrong statement
A. one person can be responsible for performing all of the activities that take placewithin an organization
B. organizing necessarily involves dividing job activities among a number ofindividuals
C. Clarifying the job activities of managers is even more important than dividingthe job activities of
nonmanagers because managers affect greater portions ofresources within the management system.
D. responsibility is the obligation to perform assigned activities
E. responsibility is often difficult to identify.
6._____is a systematic arrangement of people brought together to accomplish somespecific purpose.
A. Management system B. Organization
C. Management D. Organizational system
7. The difference between a manager and his staff is _______
A their responsibility regarding overseeing the work of others
B Their roles in distributing resources
C. their activities regarding making goals of organization
D their effectiveness and the ways theyconduct their job
8. Which of the following is the fundamental purpose of planning?
A. eliminating risk
B. helping the organization reach its objectives
C. optimizing the use of resources
D. identifying organizational objectives
E. organizing work processes
9. Alternatives to reach an organizational objective are based on assumptionswhich are called
A. objectives B. missions C. goals D. premises E. priorities
F. sub-objectives
10. BestWash, a laundry chain, has realized that if it wants to beat its leading competitor and improve market
share, it must improve its productivity. Which of the following strategies is most likely to help BestWash to
achieve this objective?
A. reassess their market B. downsize C. decrease machine efficiency
D. develop valuable real estate holdings E. increase people efficiency
11. Do the right matched
A. Efficiency-doing the things right B. Effectiveness-making good profit
C. Effectiveness-doing the things right D. Efffectiveness-making good profit
12. What are the primary questions for most firms regarding international management?
A. Whether to globalize or not B. How quickly to globalize
C. How to measure global progress over time D. All of the above
13. Domestic organizations are organizations that essentially operate within more than one country
A. True B. False
14. International organizations are organizations that are based primarily within a single country but that
have continuing, meaningful international transactions in ______
A. home countries B. another countries
C. host countries D. other countries
15. The GE Matrix, also known as the McKinsey Matrix, is a strategic planning tool used to analyze a
company's business units based on their market attractiveness and competitive strength.
A. True B. False
16. A SWOT analysis is a strategic planning tool used to identify an organization's strengths, weaknesses,
opportunities, and capacity. This analysis can help an organization to identify areas where it can improve and
to capitalize on its strengths.
A. True B. False
17. A transnational corporation have decentralized decision-making, with subsidiaries and affiliates having a
degree of autonomy.
A. True B. False
18. Porter's Five Forces is a model that can be used to analyze the general environment of an organization
A. True B. False
19. The Boston Consulting Group (BCG) matrix, also known as the Growth-Share Matrix, is a _____
management framework
A. portfolio B. scholar C. industry D.competitive
20.Which of the following is true about strategy?
A. Strategy is a general plan developed to reach short-term goals.
B. Organizational strategy focuses on the marketing and financial aspects of abusiness.
C. Smaller organizations are more precise than large organizations in developingorganizational D. strategy in
order to meet their goals sooner.
E. Strategy is actually the end result of strategic planning.
F. Research and development are not a part of an organization's strategy.
21. What should managers do when faced with making a foreign investment?
A. Assess the likelihood of achieving desirable outcomes accurately
B. Rely on standard contract clauses to minimize risk
C. Avoid making any foreign investments
D. Invest in countries with the highest potential returns
22. Planning is advantageous to an organization, particularly in the creation of newventures. According to an
often-cited survey, as many as 65 percent of all newlystarted businesses are not around to celebrate a fifth
anniversary. This highfailure rate seems primarily a consequence of inadequate planning.
Successfulbusinesses have an established plan, a formal statement that outlines theobjectives the organization
is attempting to achieve. Planning does not eliminaterisk, of course, but it does help managers identify and
deal with organizationalproblems before they cause havoc in a business. Which of the following best
expresses the main point of this paragraph?
A. Adequate planning eliminates business risk.
B. All ventures have a 65 percent chance of failure.
C. Existing businesses do not derive as much value from planning compared to newventures.
D. Effective planning helps managers identify and plan for all organizationalproblems.
E. Companies that plan well appear to have a better chance at success.
23. The classical approach to management can be broken down into two distinct areas
A. higher-level management analysis and comprehensive analysis of management
B. lower-level management analysis and comprehensive analysis of organization
C. lower-level management analysis and comprehensive analysis of management
D. lower-level management analysis and comprehensive analysis of organization
24. Making mistakes is a normal part of life, and expatriates are no exception. However, by being aware of
these ____, expats can increase their chances of success and have a positive and enriching experience living
abroad.
A. potential pitfalls B. questions C. networks D. responsibilities
25. What is the task of managers in multinational corporations when it comes to adjusting to a new
organizational situation?
A. Helping people adjust quickly and effortlessly
B. Encouraging people to resist cultural adjustments
C. Promoting a relaxed attitude toward work
D. Critiquing different perceptions of time in the workplace
26. The BCG matrix divides SBUs into four categories:
1. Stars: Stars are high-growth. They require continued investment to maintain their market share.
2. Cash Cows: Cash cows are low-growth, high-share SBUs that generate significant cash flow with minimal
investment. These SBUs are the financial backbone of the company, providing funds for reinvestment in
other SBUs.
3. Question Marks: Question marks are high-growth, low-share SBUs. They have the potential to become
stars, but they require significant investment to increase their market share.
4. Dogs: Dogs are low-growth, high-share SBUs. They generate little cash flow and may not be worth
keeping.
Find the wrong statement
A. 1 B.2 C.3 D.4
27. Managers delegate tasks for a variety of reasons, including
A. to improve efficiency and productivity
B. to enhance personal dignity
C. to establish authority with subordinates
D. to feel valuable in the organization
2. The GE Matrix is a two-dimensional model that does not take into account other important factors such as
synergies between SBUs
A.True B. False
28. a job description is some list of specific activities that must be performed by whoever holds the position
A. True B. False
29. Job activities are delegated by management to________
A. enhance the accomplishment of management system objectives
B. reduce the accomplishment of management system objectives
C. emprove the accomplishment of management system tasks
D. enhance the accomplishment of organisational strategy
30. Overlapping responsibility refers to a situation in which no individual is responsible for the same activity
A. True B. False
Answer
1. 5. 9. 13. 17. 21. 25. 29.
2. 6 10. 14. 18. 22. 26. 30.
3. 7 11. 15. 19. 23. 27.
4. 8 12. 16. 20. 24. 28.