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DeVry MGT 303 Midterm Exam Latest

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DeVry MGT 303 Midterm Exam Latest

 

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Question 1.1. (TCO 1) One example of a firm studying it’s _____ is an annual assessment of its labor supply. (Points : 5)

( ) organizational culture
( ) internal environment
( ) external environment
( ) organizational mission

 

Question 2.2. (TCO 2) The Ford Motor Company sold an auto parts company because profitability was low. The main environmental dimension considered was (Points : 5)

( ) sociocultural.
( ) technological.
( ) economic.
( ) political/legal.
( ) domestic.

 

Question 3.3. (TCO 3) Which of the following is the MOST common approach to the management of ethics? (Points : 5)

( ) Top management support
( ) A multipage book of organizational policies and procedures
( ) An unwritten code of ethics
( ) A written code of ethics and top management support
( ) Government regulation

 

Question 4.4. (TCO 4) Which of the following is usually the first type of international business in which a company gets involved? (Points : 5)

( ) Licensing strategy
( ) Joint venture
( ) Importing/exporting strategy
( ) Direct investment
( ) Global sourcing

 

Question 5.5. (TCO 5) If Delta Airlines decides to buy a regional carrier, this would be an example of a(n) _____ plan.(Points : 5)

( ) operational
( ) strategic
( ) tactical
( ) contingency
( ) standing

 

Question 6.6. (TCO 6) Identify the statement that is TRUE when comparing large and small businesses. (Points : 5)

( ) Big businesses outnumber small businesses by a wide margin.
( ) Tax policies favor medium-sized businesses.
( ) Small businesses show consistently lower financial performance than big businesses.
( ) Business success creates jobs regardless of size.
( ) Small business formations are on the decline, but the rate for big businesses is increasing.

 

Question 7. 7. (TCO 1) Identify four skills that a manager needs in order to perform the job efficiently and effectively. Provide brief comments on each. (Points : 10)

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Question 9. 9. (TCO 3) Briefly explain the four different approaches to social responsibility that an organization can adopt. (Points : 10)

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Question 10. 10. (TCO 4) What are the connections between GATT and the WTO? Explain the role of the WTO. (Points : 10)

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Question 11. 11. (TCO 7) Briefly describe the behavioral model of organizational design. (Points : 10)

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Question 12. 12. (TCO 4) Identify and explain three barriers to global trade. (Points : 15)

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Question 13. 13. (TCO 5) Identify a company and write a brief SWOT analysis for that company. (Points : 15)

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Question 14. 14. (TCO 6) A new business can be started either from scratch or by buying an existing business. Which method seems best to you? Explain your answer. (Points : 15)

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Question 15. 15. (TCO 7) The business world today is increasingly complex and variable in virtually every country and industry.Thus, organizations must become more organic. How do you define an organic organization and a mechanistic organization? What are some of the outcomes that companies will experience as they become more organic and less mechanistic? Be sure to include both positive and negative outcomes. (Points : 15)

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DeVry MGT 303 Midterm Exam Latest

Best DeVry MGT 303 Midterm Exam Latest

DeVry MGT 303 Midterm Exam Latest

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