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The Environment of Management Flashcards | StudBud
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The Environment of Management
The Environment of Management
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Questions
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Answers
1
Which of the following is NOT one of Schein's three levels of culture:
Artefacts
Underlying assumptions
Feelings
Beliefs and values
2
Which of the following is NOT one of Porter's Five Forces:
Bargaining Power of Management
Bargaining Power of Suppliers
Threat of New Entrants
Bargaining Power of Buyers
3
The 'S' in PESTEL stands for Scientific
True
False
4
Who described 10 Management roles in 3 groups?
Henry Mintzberg
Henry Mintell
Harold Goldberg
Harold Mintzberg
5
Which of the following is NOT one of the three dimensions of context discussed in the lecture:
Internal
Personal
Historical
External
6
Managers can use Porter’s model to assess the 5 forces most relevant to the profitability of the business.
True
False
7
Successful managers spend less time networking than unsuccessful managers.
True
False
8
Porter's Five Forces analysis technique is used primarily for......
Marketing
Sales pitches
Decision-making
Entertainment
9
Management is the activity of getting things done with the aid of...
plans and schemes
money and motivation
people and resources
hopes and prayers
10
What do we call individuals, groups or other organizations with a legitimate claim on an organisation?
Stakeholders
Customers
Steakholders
Shareholders