Question 1

If Ben and Jerry's Ice Cream has a goal of investing 2 percent of their after-tax profits in charitable contributions, that goal
helps allocate resources.
helps assess performance.
provides direction.
helps to define corporate culture.
helps make decisions.

Accepted Answer

The answer of If Ben and Jerry's Ice Cream has...

Question 2

By looking at the sales potential for each product we can use goals to
help define corporate culture.
help allocate resources.
help assess performance.
help make decisions.
provide direction.

Accepted Answer

The answer of By looking at the sales potential for...

Question 3

A study by Google found that technical expertise ranked last among a list of eight "Habits of Highly Effective Google Managers." What was at the top of the list?
Bosses who had a strong concern for social responsibility and ethics.
Bosses who completed their work in a timely fashion.
Bosses who did what they promised.
Bosses who were even-tempered who made time for one-on-one meetings, and who helped subordinates work through problems.
Bosses who protected their employees from harassment by managers in other divisions.

Accepted Answer

The answer of A study by Google found that technical...

Question 4

What is the primary purpose of setting a goal for an organization?
Determining if the firm is highly leveraged
Making workers think in quantitative terms
Identifying threats and opportunities
Assuring successes for the firm
Providing guidance and direction for all managers

Accepted Answer

The answer of What is the primary purpose of setting...

Question 5

Toyota's goal to sell 200 000 vehicles in Canada in 2012 illustrates which basic purpose of goal setting?
Goal setting provides direction, guidance, and motivation for managers.
Goal setting helps firms allocate resources.
Goal setting helps to define corporate culture.
Goal setting helps managers assess performance.
None of the above

Accepted Answer

The answer of Toyota's goal to sell 200 000 vehicles...

Question 6

When Airbus decided to develop and manufacture a new jumbo jet to meet the demand for increased international travel, it was involved in what stage of the rational decision-making process?
Select the best alternative
Identify alternatives
Evaluate alternatives
Implement the chosen alternative
Follow up and evaluate the results

Accepted Answer

The answer of When Airbus decided to develop and manufacture...

Question 7

Port Metro Vancouver's successful reduction of container "dwell time" illustrates which basic purpose of goal setting?
Goal setting provides direction, guidance, and motivation for managers.
Goal setting helps firms allocate resources.
Goal setting helps to define corporate culture.
Goal setting helps managers assess performance.
It does none of the above.

Accepted Answer

The answer of Port Metro Vancouver's successful reduction of container...

Question 8

Beta Company has set a goal of increasing sales by 10% this year. This goal will most likely have the effect of
motivating managers.
assisting in the allocation of advertising dollars.
assisting in the allocation of resources.
providing direction for managers.
all of these.

Accepted Answer

The answer of Beta Company has set a goal of...

Question 9

Technical skills are especially important for Tim. He is a
first-line supervisor.
top-level manager.
member of the board of directors.
middle-level manager.
vice-president.

Accepted Answer

The answer of Technical skills are especially important for Tim....

Question 10

When used as the means for measuring success or failure, goals are operating as
management tools.
budget standards.
bonus criteria.
performance targets.
motivators.

Accepted Answer

The answer of When used as the means for measuring...

Question 11

Mega Computer has decided that within the next five years it wants to become an industry leader in disk drive technology, a technology that has little existing support inside the company at this time. This goal will
help assess performance.
help make decisions.
help allocate resources.
provide direction.
help define corporate culture.

Accepted Answer

The answer of Mega Computer has decided that within the...

Question 12

When Boeing and Airbus were trying to decide how they should respond to the question of how they could increase their international capacity, they were in what stage of the rational decision-making process?
Select the best alternative
Identify alternatives
Evaluate alternatives
Implement the chosen alternative
Follow up and evaluate the results

Accepted Answer

The answer of When Boeing and Airbus were trying to...

Question 13

Jim wants to apply the rational decision making process to a management problem he is facing. He has already recognized and defined the decision-making situation. What should he do next?
Select the best alternative
Identify alternatives
Evaluate alternatives
Implement the chosen alternative
Follow up and evaluate the results

Accepted Answer

The answer of Jim wants to apply the rational decision...

Question 14

3M Corp.'s stated goal of earning 30 percent of its profits from sales of products less than four years old is an example of goals that
define corporate culture.
help assess performance.
help allocate resources.
provide direction.
help make decisions.

Accepted Answer

The answer of 3M Corp.'s stated goal of earning 30...

Question 15

A study of 293 Canadian office workers found that ___ percent believed that office politics was at least somewhat necessary in order to get ahead in their organization.
11
25
41
59
71

Accepted Answer

The answer of A study of 293 Canadian office workers...

Question 16

Marilyn is involved in making an important decision regarding the purchase of new equipment for her company's only manufacturing plant. She has just identified several alternative possibilities that will solve the problem that is facing her. What should she do next?
Select the best alternative
Identify alternatives
Evaluate alternatives
Implement the chosen alternative
Follow up and evaluate the results

Accepted Answer

The answer of Marilyn is involved in making an important...

Question 17

General Electric's goal is to have each of its divisions be #1 or #2 in its industry. The primary effect of this goal is to
allocate resources.
assess performance.
provide direction.
define corporate culture.
make decisions.

Accepted Answer

The answer of General Electric's goal is to have each...

Question 18

Selection of the best course of action in a particular situation is known as
organizing.
planning.
management.
decision making.
controlling.

Accepted Answer

The answer of Selection of the best course of action...

Question 19

What does the term "escalation of commitment" mean?
As a project proceeds toward successful completion, managers make an increased commitment to doing a good job
The actions that managers take as they try to get the outcomes they desire
As a project proceeds, managers become increasingly committed to it even if there is evidence that it is not working out as planned
It refers to how much a manager is willing to gamble when making decisions
None of these

Accepted Answer

The answer of What does the term "escalation of commitment"...

Question 20

The basic management skill that is demonstrated in one's ability to think in the abstract and to see beyond the present situation is ________ skill.
human relations
time-management
technical
decision-making
conceptual

Accepted Answer

The answer of The basic management skill that is demonstrated...

Quiz 6: Managing the Business Enterprise

If Ben and Jerry's Ice Cream has a goal of investing 2 percent of their after-tax profits in charitable contributions, that goal helps allocate resources. helps assess performance. provides direction. helps to define corporate culture. helps make decisions.

By looking at the sales potential for each product we can use goals to help define corporate culture. help allocate resources. help assess performance. help make decisions. provide direction.

What is the primary purpose of setting a goal for an organization? Determining if the firm is highly leveraged Making workers think in quantitative terms Identifying threats and opportunities Assuring successes for the firm Providing guidance and direction for all managers

Beta Company has set a goal of increasing sales by 10% this year. This goal will most likely have the effect of motivating managers. assisting in the allocation of advertising dollars. assisting in the allocation of resources. providing direction for managers. all of these.

Technical skills are especially important for Tim. He is a first-line supervisor. top-level manager. member of the board of directors. middle-level manager. vice-president.

When used as the means for measuring success or failure, goals are operating as management tools. budget standards. bonus criteria. performance targets. motivators.

3M Corp.'s stated goal of earning 30 percent of its profits from sales of products less than four years old is an example of goals that define corporate culture. help assess performance. help allocate resources. provide direction. help make decisions.

A study of 293 Canadian office workers found that ___ percent believed that office politics was at least somewhat necessary in order to get ahead in their organization. 11 25 41 59 71

General Electric's goal is to have each of its divisions be #1 or #2 in its industry. The primary effect of this goal is to allocate resources. assess performance. provide direction. define corporate culture. make decisions.

Selection of the best course of action in a particular situation is known as organizing. planning. management. decision making. controlling.

The basic management skill that is demonstrated in one's ability to think in the abstract and to see beyond the present situation is ________ skill. human relations time-management technical decision-making conceptual