1. A global village can be best characterized as a business climate in which there are ________.
A no rules or standards
B rigid international boundaries
C no international boundaries
D rigid rules and standards
2. Structured problems are ________.
A clear and straightforward
B incomplete
C undefined and vague
D ambiguous
3. What do most high performing companies have in common when it comes to stakeholder relationships?
A High performing companies tend not to consider the interests of stakeholder groups when they make important decisions.
B High performing companies tend to consider the interests of internal stakeholder groups only when they make important decisions.
C High performing companies tend to consider the interests of external stakeholder groups only when they make important decisions.
D High performing companies tend to consider the interests of all stakeholder groups when they make important decisions.
4. Described as the new frontier, this new challenge for managers has the potential to both boast and drain employee productivity.
A organizational politics
B environmental activism
C intrapreneurship
D social media
5. Which of the following would you expect to find in a clothing store that follows a cost leadership strategy?
A pampered, personalized service
B only the finest, most expensive materials
C basic, no frills, practical items
D state-of-the-art design
6. Workforce diversity will be significantly affected in the next decade by ________.
A increases in U.S. birthrates
B increases in the U.S. divorce rate
C the aging of the U.S. population
D increases in the teen worker population
7. Technical skills might include ________.
A exceptional writing ability
B excellent verbal skills
C decision-making ability
D proficiency in computer programming
8. Which of the following is a frequently cited criticism of formal planning?
A Plans lock organizations into rigid goals and timetables.
B Plans take too long to create.
C Plans create resentment within different levels of the organization.
D Formal planning works well only for smaller companies.
9. The original source of an organization's culture usually reflects the vision and attitudes of ________.
A the current president or CEO of the organization
B the organization's original employees
C the organization's founders
D contemporaries who are admired by the organization
10. Which of the following types of managers is responsible for making organization-wide decisions and establishing the plans and goals that affect the entire organization?
A top manager
B project leader
C team leader
D department head
11. Which management challenge refers to management's responsibility to be attentive to environmental and societal challenges?
A managerial ethics
B social media
C politics
D sustainability
12. Which of the following is the best definition for the word satisfice?
A accepts a less than perfect solution
B not sufficient
C requires a perfect solution
D very satisfying
13. Parochialism is ________.
A a tendency to view the world through a single perspective
B acceptance of diverse points of view
C a desire to leave one's own culture for a foreign culture
D recognition of diverse religious beliefs
14. A multinational corporation (MNC) ________.
A is defined as a company that has its home base in the United States and various operations overseas
B is any organization that maintains operations in more than one country
C is defined as any company that has no home base
D includes any company that exports goods overseas
1. What is organizational culture? How do employees learn about it? What are some real world examples?
2. What are ethics? What are some ways organizations can encourage ethical behavior? What are some examples of ethical dilemmas?
3. What is workplace diversity? What are some ways in which we are seeing the workforce change?
4. what characteristics do you think an ideal manager possesses? What types of activities would they be regularly engaged in? Please include specific examples.