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Midterm Review Flashcards | StudBud
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Midterm Review
Midterm Review
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1
Number of employees reporting to a supervisor is known as:
Span of Control or span of management
Allocations
Human Resources
Span of Operation
2
The amount of resources, materials, money and people used to produce a desired output or achieve a goal is known as:
Organizational Ethics
Organizational Goals
Management
Organizational Efficiency
3
Natural tendency for people to regard their own culture as superior and dismiss other cultures is known as Ethnocentrism
True
False
4
The Visual representation of an organization's structure is known as:
Organizational Chart
Chain of Comand
Boundary Spanning
Customer Chart
5
The four fundamental management functions are:
Planning, Organizing, Leading and Controlling
Hiring employees, Making profit, conducting meetings, Managing personnel
Making Profit, Managing the workforce, Setting goals, Motivating employees
Directing, Making profit, Challenging management, Addressing challenges
6
The set of values, beliefs, norms shared by members of an organization is knowns as:
Ethics
Task Environment
Assumptions of Classical perspective
Organizational Culture
7
The main characteristic of a flat structure:
Team oriented
More hierarchical levels
Matrix structure
Wide span of control, fewer hierarchical levels
8
The triple bottom aims to measure the financial, social and environmental performance of a company. The 3 Ps
False
True
9
Practice of gathering information, opinions and ideas from a group of people through internet, is known as Crowdsourcing
True
False
10
The three domains of human action in terms of decision making are:
Self control, self awareness, ethical decisions
Legal, social and personal standard
Ethical dilemma, ethical behavior, ethical standards
Standard behavior, Practical standard, society reaction
11
Refers to the efforts by an organization to establish connections, outside and inside of the organization.
Boundary Spanning
Management
Span of control
Culture
12
The sequences of suppliers involved in the production and delivery of products and services is known as "Supply Chain"
True
False
13
This task environment represents people in the environment who can be hired to work for the organization
Customers
Labor Market
Suppliers
Competitors
14
The Hierarchy of Needs, one of the best known theories of motivation was established by:
Michael Porter
Geert Hofstede
Henry Fayol
Abraham Maslow
15
One of the dimensions of having Global Mindset:
Cultural Dimension
Economical Dimension
Social Dimension
Pluralistic Dimension
16
Analysis that makes an assessment of strenghts, weaknesses, oportunitites and threats that affect the organization is:
Competitive Analysis
SWOT Analysis
Disruptive Analysis
Strategic Analysis
17
Which of the following is NOT consider a stage of moral development in decision making:
Postconventional-Internal values
Conventional-Social expectations
Bureaucratic-Procedures
Preconventional-Follow rules
18
The process that involves share cost and risk with another firm to achieve a single enterprise or project is:
Joint Venture
Mergers
Importing
Exporting
19
Which of the following is the main purpose of Competitive Advantage
Sets the tactical goals to achieve profit
Focuses on managing the boundary spanning
Manages the competitors
Sets the organization apart from others
20
Creation of "blue print" for goal achievement, schedules, resources it's a description of which function of mgt:
Controlling
Planning
Managing
Leading
21
The main characteristic of a Multinational corporation is:
Receives more than 50% of revenue from operations overseas
Receives more than 15% of revenue from operations overseas
Receives more than 70% of revenue from operations overseas
Receives more than 25% of revenue from operations overseas
22
The decision making approach that focuses on a rational economic assumption (make profit) is:
Administrative Model
Political Model
Classical Model
Cultural Model