MGMT 303 FINAL EXAMS ANSWER

Assignment Grading

Course: Name

Questions and Answers

Yours Name

Professor’s Name [optional]

University

1. (TCO 1) Which of the following is an example of an organization? (Points : 7)
The Department of Labor
The Atlanta Braves
IBM
The Boys & Girls Club of America
All of the above 

Question 2.2. (TCO 2) In Florida, a vacationer could choose from over 200 timeshare resorts. In Vermont, the choice is limited to 15. A resort in Vermont has (Points : 7)
the power of buyers.
the power of suppliers.
the threat of new entrants.
competitive rivalry.
the competitive advantage. 


Question 3.3. (TCO 3) Individuals in an organization who find themselves in an ethical dilemma have many factors that will determine whether their behavior is ethical or unethical. Which of the following does NOT determine the behavior? (Points : 7)
Organizational culture
Individual's stage of moral development
Issue intensity
Individual's characteristics
Size of the organization


Question 4.4. (TCO 4) When 12 original countries joined together, with the primary goal of reasserting the region's economic position against the United States and Japan, the _____ was formed. (Points : 7)
African Union
European Union
Central America Free Trade Agreement
developing market economy
Association of South-East Asian Nations 


Question 5.5. (TCO 5) Busy managers will often make a decision based only on their ability to understand and process the information. This type of decision making is (Points : 7)
bounded rationality.
a satisfice.
Rational decision making.
Escalation of commitment.
None of the above



Question 6.6. (TCO 6) Jay wants to start a new business. Which of the following questions should he use as part of his analysis of the ideas for a new business? (Points : 7)

Who is the potential customer?

What simliar or unique product features does his proposed idea have to compare to what's currently on the market?

How and where will potential customers purchase his product?

How will he need to promote and advertise his product?
All of the above.

Question 7.7. (TCO 7) A regional manufacturing operation has the following divisions: manufacturing, finance, human resources, marketing, and shipping/receiving. This is an example of _____ departmentalization. (Points : 7)
functional
location
product
customer
sequential 


Question 8.8. (TCO 8) According to Herzberg, when _____ factors are adequate, employees won't be satisfied, but they won't be dissatisfied either. (Points : 7)
intrinsic
hygiene
motivating
neutral 


Question 9.9. (TCO 9) During which stage of group development do members try out various forms of behavior in an attempt to test the waters and see what will be acceptable in the group? (Points : 7)
Norming
Storming
Forming
Performing
Conforming 


Question 10.10. (TCO 10) Income statements, balance sheets, and audits are examples of the control of (Points : 7)
physical resources.
cybernetics.
financial resources.
organizational complexity.
human resources.