MGMT 303 Week 1 Quiz Answers
MGMT 303 Week 1 DQ 1 – Who Is a Manager
MGMT-303 Week 1 DQ 2 – Managerial Ethics
MGMT 303 Week 2 Quiz Answers
MGMT-303 Week 2 DQ 1 – Business Decisions
MGMT 303 Week 2 DQ 2 – Performing a SWOT Analysis
MGMT-303 Week 3 SWOT Analysis Paper: Google SWOT Analysis
MGMT 303 Week 3 SWOT Analysis Paper: The McDonald’s Corporation (2 Different Papers)
MGMT-303 Week 3 Quiz Answers
MGMT 303 Week 3 DQ 1 – Multiculturalism and Diversity
MGMT-303 Week 3 DQ 2 – New Business Ventures
MGMT 303 Week 4 DQ 1 – Job Specialization
MGMT-303 Week 4 DQ 2 – Resistance to Change
MGMT 303 Week 4 Midterm Exam
MGMT-303 Week 5 Case Study: Spotting Talent
MGMT 303 Week 5 Quiz Answers
MGMT-303 Week 5 DQ 1 – Human Resource Management
MGMT 303 Week 5 DQ 2 – Motivation and Performance
MGMT-303 Week 6 Case Study: Employee Motivation
MGMT 303 Week 6 DQ 1 – Leadership Behaviors
MGMT-303 Week 6 DQ 2 – Communications
MGMT 303 Week 7 Quiz Answers
MGMT-303 Week 7 DQ 1 – Functions of Control
MGMT 303 Week 7 DQ 2 – Useful Information
MGMT-303 Week 8 Final Exam (3 Different Versions)
Course Related Tutorials
- Question :(TCO 1) The _____ approach of going green is a good example of the firm’s social responsibility in addition to demonstrating the highest degree of environmental sensitivity.
- Question :(TCO 2) The Ford Motor Company sold an auto parts company because profitability was low. The main environmental dimension considered was
- Question :(TCO 3) The_____ approach of going green is a good example of the firm’s social responsibility in addition to demonstrating the highest degree of environmental sensitivity.
- Question :(TCO 4) Which of the following is usually the first type of international business in which a company gets involved?
- Question :(TCO 5) If Delta Airlines decides to buy a regional carrier, this would be an example of a(n) _____ plan.
- Question :(TCO 6) Identify the statement that is TRUE when comparing large and small businesses.
- Question :(TCO 1) Identify four skills that a manager needs in order to perform the job efficiently and effectively. Provide brief comments on each.
- Question :(TCO 2) Explain the differences among mergers, acquisitions, and alliances.
- Question :(TCO 3) Briefly explain the four different approaches to social responsibility that an organization can adopt.
- Question :(TCO 4) What are the connections between GATT and the WTO? Explain the role of the WTO.
- Question :(TCO 7) Briefly explain the situational influences on organizational design.
- Question :(TCO 4) Describe three environmental challenges of international management.
- Question :(TCO 5) Identify a company and write a brief SWOT analysis for that company.
- Question :(TCO 6) Briefly describe industries in which small businesses seem to be most effective and why this seems to be the case. In what area are small businesses least successful in comparison to large businesses?
- Question :(TCO 7) In what ways are virtual and learning organizations different from the typical organization?
- Question :(TCO 3) Which of the following is the MOST common approach to the management of ethics?
- Question :(TCO 6) Identify the statement that is TRUE when comparing large and small businesses.
- (TCO1) When the dean of the college of business downsized the college from five departments to four departments, the dean primarily was performing the ____ function of management.
- (TCO 2) State supported universities receive money from state tax payers. Harvard University’s endowment is so large that Harvard is guaranteed significant income just from the interest the fund generates. The ____ dimension of these competitors is different.
- (TCO 2) The expiration of a pharmaceutical drug patent allows generic drug makers to introduce the same chemical compound under a different name and at lower prices. This is an example of ____ for the developer of the original drug.
- (TCO3) New York passed a law requiring no smoking in bars and restaurants. Owners who pressure bartenders and waiters to sell to people who are smoking in order to keep profits high are taking a(n)____ stance toward social responsibility.
- (TCO4) Coca-Cola is based out of Atlanta but reaches into hundreds of countries. The product is locally packaged, but the cola inside is essentially the same throughout the world. Coca-Cola is edging closer to being a(n) ____ business.
- (TCO4) The growth of multinational corporations has left little room for distinction. Any perceived competitive advantage is quickly copied. However, an area for competitive advantage remains in the level of ____ organizations attract, motivate, and retain. (Points : 2)
- (TCO5) The ____ of Applebee’s is to gain “weekly repeat guests through providing surprisingly friendly hospitality, superior quality food, and world class service and value.”
Multiple Choice:
- Question : (TCO1) A CEO of a local newspaper has noticed that the advertising and subscription revenue has been decreasing. The CEO sets a goal of stopping the decline. The CEO is engaged in
- Question : (TCO 2) State supported universities receive money from state tax payers. Harvard University’s endowment is so large that Harvard is guaranteed significant income just from the interest the fund generates. The ____ dimension of these competitors is different.
- Question : (TCO 2) The expiration of a pharmaceutical drug patent allows generic drug makers to introduce the same chemical compound under a different name and at lower prices. This is an example of ____ for the developer of the original drug.
- Question : (TCO3) New York passed a law requiring no smoking in bars and restaurants. Owners who pressure bartenders and waiters to sell to people who are smoking in order to keep profits high are taking a(n)____ stance toward social responsibility.
- Question : (TCO4) Coca-Cola is based out of Atlanta but reaches into hundreds of countries. The product is locally packaged, but the cola inside is essentially the same throughout the world. Coca-Cola is edging closer to being a(n) ____ business.
- Question : (TCO4) Eric, an American, is an executive coach at Boeing. One of the executives he coaches is from India. Their diverse backgrounds add variety and create more solutions for management challenges. This illustrates the ____ argument.
- Question : (TCO5) The ____ of Applebee’s is to gain “weekly repeat guests through providing surprisingly friendly hospitality, superior quality food, and world class service and value.”
- Question : (TCO5) GE competes in industries ranging from medical devices to appliances to television networks. GE’s mixed strategy is an example of ____ strategy.
- Question : (TCO6) Jay wants to start a new business. With which of the following methods of starting a new business will he pay a share of the income from the business in return for the use of such things as trademarks and business formulas?
- Question : (TCO7) Sears has departments for clothing, tools, jewelry, and home goods. This is an example of departmentalization by
- Question : (TCO7) Andrea had worked in the marketing department for 27 years. She knows the history and successes of the office better than any other employee. When change is suggested, she is reluctant because she remembers accomplishments related to the current way of doing things. As a result of ____, she is resistant to change.
- Question : (TCO8) Fairway Green Inc. has added a lucrative retirement plan for its employees that includes medical benefits for
retirees. These benefits target which level of need in Maslow’s hierarchy? - Question : (TCO8) A mid-level manager has power within an organization due to the management position she occupies. This kind of power is known as ____ power.
- Question : (TCO9) You are a member of a self-managed team; the team has been experiencing interpersonal conflict among its members. Which of the following techniques could you use to eliminate the interpersonal conflict that is occurring within the self-managed team?
- Question : (TCO10) The credit crisis and the Federal Reserve’s response to it faced criticism from………. in the economic and political environment of the Fed means the Fed needs to adapt its ____ control.
Explanatory Answers:
- Question : (TCO1) Discuss the functions of management. Which function of management is the most important? Support your answer.
- Question : (TCO2) In order to be effective and efficient, CEOs must monitor both the internal and external environments. Is it more important for the CEO to monitor the organization’s external or internal environment? Why?
- Question : (TCO3) You have recently been assigned as the ethics officer for your organization, as part of your responsibilities you have been asked to write a code of ethics. Discuss the three areas of special concern for managerial ethics that you will need to address specifically in the code of ethics.
- Question : (TCO4) There are several characteristics that an organization needs to possess to be considered a multicultural organization. Describe what a multicultural organization will look like using these characteristics.
- Question : (TCO5) Discuss a time in your professional or personal life when you had to implement a reaction plan. How did that plan differ from a contingency plan?
- Question : (TCO6) If you were considering starting you own business, what are the four major types of information would you include in your business plan?
- Question : (TCO7) Define the term reengineering. Discuss why an organization might need to engage in it.
- Question : (TCO8) Briefly explain what is meant by objective and judgmental performance evaluation. Discuss two methods of judgmental evaluation.
- Question : (TCO9) As a manager, in what types of situations should you use written communication? Briefly discuss the reasons why written communication would be best in these situations.
- Question : (TCO10) In your opinion, which two characteristics of effective controls are the most important? Why?
- Question : (TCO2) Compare and contrast the sociocultural and the political-legal dimensions of the general environment, with particular attention to how forces in one could affect the other.
- Question : (TCO3) Discuss the notion of social responsibility. Discuss how an organization is impacted when its adopts socially responsible practices.
- Question : (TCO4) Assume you accepted a transfer with your company to move overseas as a manager within the company’s new international division. Discuss the general environmental challenges of international management that you will face in the global environment that you did not face in the domestic environment?
- Question : (TCO5) The CEO of your organization has developed two potential plans to help the organization cut costs. The CEO has asked you to form a group; the members of the group are to represent a cross-section of all the departments within the organization. The goal of the group is to discuss and decide which of the two proposed plans you should implement to cut costs. Discuss which type of group you would form and why. Discuss the advantages and disadvantages of the using groups to make decisions.
- Question : (TCO5) Describe the job characteristics approach to job design and explain how it is related to job enrichment and the creation of work teams.
- Question : (TCO8) Phil W. supervises a group of very competent workers. These employees are involved in a routine task, and the company has written standard operating procedures to cover most of the operation……?
- Question : (TCO9) You are the plant manager at Acme Plastics. You are running two shifts, a day shift and an evening shift. Before the day shift leaves each day, the workers must get an adequate supply…..do to solve it?