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MGMT Study Set 3
Quiz 1: Management
Path 4
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Question 61
Multiple Choice
Narrative 1-1 Krispy Kreme has been described by many as "the hottest brand in America." The company's success in an environment that is not conducive to food operations succeeding is due to a mix of "shrewdness, original thinking, and entrepreneurship." The company originated in Winston-Salem, North Carolina, where it still operates a plant that fills a 23 kg bag with donut mix every seven seconds. It recently opened a new plant in Effingham, Illinois, that fills a bag every three seconds. This second plant allows the company to reduce costs while increasing its output. Vernon Rudolph founded and ran the company until 1973, when he died without naming a successor. His death caused the company problems for the next decade. -Refer to the Narrative 1-1.Which of the following did the building of the Effingham plant increase for Krispy Kreme?
Question 62
Multiple Choice
A Fortune 500 management consulting firm conducts Project Management Preparatory Academies for its clients in which participants spend 70 hours learning how to create a differential competitive advantage through their employees.Which of the following most likely accounts for the participants' interest?
Question 63
Multiple Choice
A successful manufacturer of fishing lures hired a new CEO who proved to be a derailer.What did the new CEO,as a derailer,most likely do?
Question 64
Multiple Choice
After a year as a manager,what do new managers typically realize to be their job's most frequent role?
Question 65
Multiple Choice
What separates derailers from arrivers?
Question 66
Multiple Choice
What do managers tend to do after their first year of managerial experience?
Question 67
Multiple Choice
Two graduates from McMaster University in the 1980's are now working for similar businesses but are at different levels in their organizations.JoAnne is the CEO of her firm and Sharon can't seem to get beyond the regional manager position she has held for over fifteen years.What likely makes JoAnne an "arriver" and Sharon a "derailer"?
Question 68
Multiple Choice
Which set of skills increases in importance to success as people rise through the managerial ranks?
Question 69
Multiple Choice
Which types of skills tend to be most important to the success of lower-level managers?
Question 70
Multiple Choice
As the shift supervisor at a car wash,Jakob is bossy,arrogant,and insensitive to the needs of his subordinates.He is unable to delegate any tasks to the other employees.Why will he more than likely never become a middle or top manager?