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Question
Some plans are designed to cover the entire open management system: the organizational environment, inputs, process, and outputs. Such a plan is often referred to as a ________.
A) rule
B) master plan
C) level plan
D) policy
E) procedure
Answer
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D) Angel investors focus on a small number of industries.
E) Angel investors provide the initial financing to start-up ventures.
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Q:
Explain the four components of international plans for multinational corporations.
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What are the six stages of multinationalization? What activities does a company perform at each stage?
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When a company provides an expatriate with basic information about life in a foreign country, such as personal safety, who to call in an emergency, and how to write a check, the company is providing training in ________.
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When a company provides an expatriate with information on how to survive the difficulties of adjusting to a new culture, the company is providing training in ________.
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Q:
A(n) ________ organization considers national borders to be inconsequential to its operations, with ownership, control, and management being from many different countries.
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Countries that are high in ________ prefer being in more defined and predictable situations.
A) individualism
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Q:
What is planning? What are the advantages and potential disadvantages of planning?
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Management's evaluation of planners should ________.
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B) depend mostly on subjective factors
C) be completely subjective in nature
D) rely entirely on objective criteria
E) completely avoid the use of subjective indicators
Q:
The workers of a factory go on an unauthorized strike. The factory supervisor attempts to brings the situation under control by initiating negotiations with the labor union. According to Mintzberg, this manager has taken on the role of a(n) ________.
A) liaison
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Q:
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The CEO of an organization inaugurated the company's state-of-the-art research and development facility. According to Mintzberg, the CEO performed the role of a(n) ________ in this situation.
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Q:
One of the primary advantages of management by objectives (MBO) is that ________.
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B) it is an easy process
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Q:
Targets to be achieved in one year or less are ________.
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Q:
According to Drucker, which of the following goal areas relates to a tangible, impersonal characteristic of organizational operations?
A) number of employees
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One of the corporate objectives of Supra Inc. is "to enrich the quality of life in the community by providing education, training, and employment opportunities."According to Drucker, this organizational objective relates to ________.
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Q:
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What is consensus?
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Q:
In the nominal group technique of decision-making, after all the members have discussed the ideas, they ________.
A) discuss their ideas one-to-one with the group leader
B) present their personal views on each of the ideas discussed
C) write down each idea on the board for all the other members to refer to
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Q:
The primary management function is ________.
A) organizing
B) influencing
C) controlling
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Q:
The management by objectives (MBO) approach has been found to be ineffective for nonprofit organizations.
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Organizational objectives are the targets toward which the management system is directed.
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The last step in the planning process focuses on developing plans to pursue the chosen alternative for reaching organizational objectives.
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Premises are the assumptions upon which alternatives to reaching organizational objectives are based.