The prospect theory suggests that ____.

The prospect theory suggests that ____.  A. decision makers are influenced by the way a situation or problem is framed B. decision makers have...

The mission statement expresses the ____.

The mission statement expresses the ____.  A. expected profitability of the organization B. purpose of the organization C. code of ethics D....

Satisficing is the tendency of ____.

Satisficing is the tendency of ____.  A. people to view events as being more predictable than they really are B. decision makers to be influenced...

Contingency planning is also known as _____.

Contingency planning is also known as _____.  A. organizational opportunities B. scenario goal-setting and plans C. a trend analysis D. scenario...

The vertical hierarchy is also known as _____.

The vertical hierarchy is also known as _____.  A. an upward graph B. the X-Y chart C. the chain of command D. the network structure E. the corporate...

A hierarchy of authority is ____.

A hierarchy of authority is ____.  A. also known as a division of labor B. a control mechanism for making sure the right people do the right...

Division of labor is also known as ____.

Division of labor is also known as ____.  A. a task chart B. a horizontal hierarchy C. an organizational graph D. work specialization E. chain...

In an organization, division of labor is ____.

In an organization, division of labor is ____.  A. the coordination of individual efforts into a group or organization-wide effort B. the common...

A forecast is a(n) _____.

A forecast is a(n) _____.  A. glimpse of what just happened B. execution of strategy and making adjustments C. projection for the future D. analysis...

A decision tree is ____.

A decision tree is ____.  A. a structure of problem-solving ideas, with its roots based on the organization's mission B. the hierarchy that must...

The profits of ABC Grocery have dropped significantly over the last several months. After investigating, the owner realizes that the store is moving in the wrong direction in many departments, so there needs to be greater focus by management. This is an example of how an organization can progress in the wrong direction with ____.

The profits of ABC Grocery have dropped significantly over the last several months. After investigating, the owner realizes that the store is moving...

Espoused values are _____.

Espoused values are _____.  A. a narrative based on true events, which emphasize a particular value B. physical manifestations of organizational...

Organizations using a matrix structure _____.

Organizations using a matrix structure _____.  A. contain multiple overlapping command structures, in which employees report to several managers B....

The clan culture has a(n) _____.

The clan culture has a(n) _____.  A. internal focus and values flexibility B. strong external focus and values stability and control C. external...

Rites and rituals are ____.

Rites and rituals are ____.  A. company values included in the code of ethics B. the activities and ceremonies that celebrate important occasions...

The father of scientific management is _____.

The father of scientific management is _____.  A. Frank Gilbreth B. Tom Gallagher C. Abraham Maslow D. Peter Drucker E. Frederick Taylor Answer:...

Countertrading is ___ goods for goods.

Countertrading is ___ goods for goods.  A. outsourcing B. sourcing C. bartering D. selling E. licensing Answer: ...

Hugo Munsterberg was known as ____.

Hugo Munsterberg was known as ____.  A. the father of scientific management B. a pioneer of scientific management C. the father of MBO D. the...

Ethnocentrism is also known as _____.

Ethnocentrism is also known as _____.  A. geocentrism B. ecocentrism C. parochialism D. open-mindedness E. a flexible management style Answer:...

One way to think of management is ___.

One way to think of management is ___.  A. efficiency in motion B. the science of helping people C. the science of accomplishing things D. the...

An import quota is a(n) ____.

An import quota is a(n) ____.  A. trade barrier B. embargo C. trade encouragement D. export fee E. type of dumping Answer: ...

An entrepreneur is best described as ___.

An entrepreneur is best described as ___.  A. someone who works inside an existing organization and sees a new product opportunity B. a type...

Technology Experts is a U.S. company that specializes in IT research. It has formed a joint venture with Processor Inc., a Canadian organization that has a reputation of producing quality PCs, to market laptops in China, sharing the risks and rewards of starting the new enterprise together. This is an example of a(n) ___.

Technology Experts is a U.S. company that specializes in IT research. It has formed a joint venture with Processor Inc., a Canadian organization that...

Globalization is the trend ___.

Globalization is the trend ___.  A. of the world economy becoming a less dependent system B. of the world economy adding more independent markets C....

Corporate governance is the system ____.

Corporate governance is the system ____.  A. of governing an industry, such as the trucking industry, to protect customers B. that protects citizens...

Ethics are _____.

Ethics are _____.  A. influences arising from changes in the characteristics of a population B. a type of written code for an organization C....

The field of behavioral science includes _____.

The field of behavioral science includes _____.  A. psychology, sociology, forensic science, economics B. psychology, forensic science, sociology,...

Technical skills consist of ____.

Technical skills consist of ____.  A. the ability to think analytically B. the ability to think analytically, to visualize an organization as...

Free trade is the ____.

Free trade is the ____.  A. movement of customers between nations that do not have trade embargoes B. policy of cost-free exchange of goods C....

Conceptual skills consist of ____.

Conceptual skills consist of ____.  A. the ability to think practically B. the ability to think analytically, to visualize an organization as...

The principal functions of management are ___.

The principal functions of management are ___.  A. executing, planning, organizing, leading B. scheduling, organizing, leading, staffing, monitoring C....

Abraham Maslow proposed the ____.

Abraham Maslow proposed the ____.  A. hierarchy of human needs B. Hawthorne effect C. hierarchy of production D. self-managed teams E. worker...

Quotas are designed to prevent _____.

Quotas are designed to prevent _____.  A. outsourcing B. tariffs C. exporting D. an embargo E. dumping Answer: ...