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MGT/521 Final Exam
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MGT/521 Final
 
1. ________ is defined as a business firm’s intention, beyond its legal and economic obligations, to do the right things and act in ways that are good for society.      
Social screening     
Social responsibility (Page No. 125)       
Social obligation     
Values-based management
 
2. The balanced scorecard measures organizational performance against previously established standards. Which of the four functions of management relates most closely to setting these standards? 
Controlling (Page No. 507)           
Leading        
Organizing   
Planning
 
3. Budgets can be used as tools within which two functions of management?         
Controlling and organizing           
Planning and leading
Controlling and planning (Page No. 57)
Organizing and leading
 
4. Indira Patel has been working in her organization’s computer security department for the past 10 years. If another employee follows Indira’s recommendations in a given situation, based on her expertise in computer security, which source of power is Indira using?          
Legitimate power     
Coercive power       
Expert power (Page No. 473)
Referent power
5. If Carol Reece is a charismatic leader, which of the following characteristics is she most likely to possess?    
An external locus of control          
A sensitivity to environmental constraints and follower needs (Page No. 470)
A strong need to be in control      
A fear of taking risks
 
6. According to the Ohio State studies, which of the following dimensions of leader behavior refers to the extent to which a leader is likely to define and structure his or her role and the roles of group members to meet goals?
Consideration structure     
Intelligence structure         
Initiating structure (Page No. 633)           
Psychological structure
 
7. On Monday, Jim’s Taco Shop identified a problem with tainted ground beef that was used to make tacos and nacho platters for its lunch customers. If the staff at Jim’s did not identify the problem until after the lunch rush, what type of control would this demonstrate?    
Feedforward control           
Concurrent control 
Proactive control     
Feedback control (Page No. 495)
 
8. The ________ determines the number of levels and managers in an organization.          
chain of command  
span of control (Page No. 271)
unity of command   
delegation of authority
9. During benchmarking, an organization can compare its processes and products to competitors in its own industry and to noncompetitors outside the industry. What is a main benefit of comparing a firm’s performance against an organization it does not consider a competitor?       
A noncompetitor may allow an organization to see its practices more readily than a competitor in the same industry.  
A noncompetitor may be the world leader in a specific process or practice, and an organization can learn from it. (Page No. 498) 
A noncompetitor may be easier to find and benchmark, because the top firms in the world are so diverse.         
There is no benefit to benchmarking a firm against a noncompetitor.
 
10. If a manager rationalizes that he or she does not have time to investigate the source of a problem and instead resorts to putting out fires, the manager is missing the use of ________.    
bureaucratic control           
basic corrective action (Page No. 490)   
concurrent control  
immediate corrective action
 
11. Which leadership theory is derived from the belief that a leader’s job is to remove pitfalls and roadblocks so followers can achieve their work goals?    
Contingency theory
Fiedler’s theory       
Leader participation model
Path-goal theory (Page No. 467)
 
12. A company that wants to distinguish itself from the competition in the marketplace is most likely using which of the following strategies?         
Functional strategy  
Focus strategy         
Differentiation strategy (Page No. 234)
Generic strategy
 
13. When a manager makes use of a SWOT analysis, one of his or her objectives is to       
set specific short-term performance standards for each department 
formulate appropriate strategies to exploit strengths, protect against threats, and correct weaknesses (Page No. 233)
evaluate the desirability of issuing stocks or bonds in the current financial climate         
identify the best employees to fill each position in the organization
 
14. What can be said about a manager who believes she worked hard and met her organization’s productivity goals despite unfavorable conditions?          
She has an external locus of control.     
She has a high ego strength.       
She has an internal locus of control. (Page No. 131)  
She has a low ego strength.
 
15. Which of the following is a characteristic of a matrix organization?
It is free of internal and external boundaries.    
It has formal departments to which employees return after completing a project (Page No. 289)
It conforms to the unity of command principle.  
It has a single chain of command for functional managers to report to.
 
16. Which of the following is a characteristic of an organic organization?       
Narrow span of controls    
High specialization (Page No. 274)         
Cross-functional teams     
Rigid departmentalization
 
17. Conflicts can be resolved by satisfying one’s own needs at the expense of others. This conflict- management technique is known as ________.       
forcing (Page No. 356)       
avoiding        
collaborating
compromising
 
18. When planning for unexpected events, a company is using which of the following techniques?           
Contingency planning (Page No. 259)   
Benchmarking         
Financial forecasting         
SWOT analysis
 
19. Melvin manages a team of 10 employees, including Jane and Jared.  Jared is leaving the organization to find a job as a manager in another field. Meanwhile, due to performance issues, Melvin terminates Jane’s employment with the company. Both of these are examples of what type of employee behavior?    
Job satisfaction       
Employee productivity        
Absenteeism
Turnover (Page No. 323)
 
20. Searching for new ideas beyond an organization’s boundaries and allowing changes to easily transfer inward and outward is known as ________.          
open innovation (Page No. 296)
strategic partnering 
knowledge management   
organizational osmosis
 
21. Which business practice would likely encourage ethical behavior?           
Intense competition for valued rewards  
Cultural values for obedience to authority         
Strong emphasis on individual productivity       
Strong emphasis on leading by example (Page No. 450)
 
22. Why are feedforward controls more rarely implemented as compared to other types of controls?     
Feedforward controls result in wasted time and money.         
Feedforward controls require managers to interact directly with employees.          
Feedforward controls are time-consuming for managers because they must continually monitor progress.       
Feedforward controls require timely and accurate information that is hard to obtain. (Page No. 494)
 
23. Which of the following statements is true about group decision making?
It generates more complete information and knowledge. (Page No.353)     
It is most suitable for matters that must be critically evaluated.          
It prevents any one minority from dominating or influencing the final decision.    
It takes less time to reach a solution than it would an individual.
 
24. In the ________ approach of going green, organizations respond to the environmental preferences of customers.         
activist           
legal  
market (Page No. 128)       
stakeholder
 
25. Thomas often annoys his coworkers with his talkativeness and assertive personality. According to the Big Five Model of personality, Thomas would be described as high in the trait of  ________.    
openness to experience    
extraversion (Page No. 382)
agreeableness        
conscientiousness
 
26. If a firm wanted to identify how much money was being made for each sale of a given product (above and beyond the costs associated with making that product), what type of ratio would it use?  
Liquidity ratios         
Activity ratios
Profitability ratios    
Leverage ratios
 
27. It is crucial to determine an acceptable _____ during the comparing step in the control process.           
written report
measure of organizational performance
ideal standard          
range of variation (Page No. 490)
 
28. An organization’s ________ goals are official statements of what an organization says its goals are.    
real    
stated (Page No. 207)
synthetic       
implicit
29. Kelly is interviewing candidates to fill a vacancy on her team. One candidate has a degree from a prestigious university, and Kelly is impressed. In speaking with her fellow members of the interview panel, however, Kelly finds that no one else enjoyed the interview with the candidate, finding her to be pompous, aggressive, and self-serving. In her focus on only the candidate’s education, Kelly may have fallen victim to _______.           
stereotyping 
the halo effect (Page No. 389)     
assumed similarity  
selectivity
 
30. Which of the following stages is when the group structure is in place and accepted by the group members?  
Norming        
Storming       
Performing (Page No. 348)           
Adjourning
 

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