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MAN 3025 Management of Organizations Exam 1 2025 Flashcards | StudBud
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MAN 3025 Management of Organizations Exam 1 2025
MAN 3025 Management of Organizations Exam 1 2025
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Questions
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Answers
1
According to the ToKnight Show, the last step of rational decision making is...
Select Alternatives
Following up and Evaluating the Results
Implement Alternatives
Evaluate Alternatives
2
In the Chapter 2 ToKnight Show video, The UCF culture is one of integrity, loyalty and respect
True
False
3
Managers are now tracking and monitoring the implementation of new policies at Loft Corp. Which function is illustrated?
Leading
Planning
Organizing
Controlling
4
Linda's car broke down on the way to UCF this morning. Now she needs to buy a new car. Linda's decision is a
Programmed decision
Processed decision
Leveraged decision
Non-programmed decision
5
An entrepreneur should ask which of the following question?
All of these
Who are my customers?
At what price will my customers buy my product?
Where are my customers?
6
Managers that do not accurately report their companies financial findings can go to jail. This act enforces the law
Electronic Communication Privacy Act
Sarbanes and Oxley Act
Financial Enforcement Act
Code of Ethics Act
7
According to the ToKnight Show, a business plan is
a detailed description of the finances for a company
a 20 year succession plan for a company
Communication vehicle for a very specific purpose
is an interview tool used to hire employees
8
The overall growth of a product has begun to slow down and the number of new firms producing the item declines. This is
Introduction
Decline
Maturity
Growth
9
Escalation of commitment is sticking with an action even though it has not been effective
True
False
10
Which of the following is the role of top managers in an organization?
Overseeing day-to-day operations
Implementing plans of first-line managers
Performing routine administrative tasks
Creating organizational goals and overall strategy
11
Business level strategy is helping organizations focus its competitive efforts in each industry in a targeted manner
False
True
12
The BCG matrix helps organizations operate multiple businesses that are not logically associated with one another
True
False
13
Which of the following is a Theory Y assumption?
People prefer to be directed, to avoid responsibility, and to want security
People are not internally motivated to achieve their goals
People do not naturally dislike work
People perform better when they are threatened by the manager
14
Veronica lets her boss know that her co-worker was evading company taxes to the tune of 20,000. This is an example of a
Legal contributor
Whistle Blower
Regulator
Ethical Supplier
15
According to the ToKnight show, in the BCG Matrix, a high growth, high market share product is best described as a
Dog
Cash Cow
Star
Question mark
