Question: How long did it take the iPod to reach a market audience of 50 million?
Answer Choices:
1 year
3 years
5 years
6 years
Answer: 3 years
Question: In which of the following has teamwork not typically been part of the curriculum?
Answer Choices:
A. Nursing school
B. Medical school
C. Allied health programs
D. None of these are correct.
E. All of these are correct.
Answer: E. All of these are correct.
Question: What is the role of the manager in the strategic planning process?
Answer Choices:
A. To monitor his or her area of expertise in terms of market developments
B. To provide input to the planning department and senior management on an ongoing basis
C. To monitor and control targeted strategies over time
D. To communicate strategies and rationales to staff
E. All of these are correct.
Answer: E. All of these are correct.
Question: This graduate level class requires you to take ownership of, and active engagement with, the course material. For a 3-credit class, what is the expectation for the number of hours of outside work that you would apply to the material each week?
Answer Choices:
3 hours/credit = 9 hours
2 hours/credit = 6 hours
5 hours/credit = 15 hours
30 minutes/credit = 30 minutes
Answer: 3 hours/credit = 9 hours
Question: Which of the following statements is TRUE about both teams and groups?
Answer Choices:
Both teams and groups usually have an unlimited number of members.
Teams usually have an unlimited number of members, while groups have between two and 30 members.
Teams usually consist of between two and 10 people, while groups can have unlimited members.
Both teams and groups usually consist of between two and 10 people.
Answer: Both teams and groups usually consist of between two and 10 people.
Question: Retaining employees is important because employee turnover can cost a company ________.
Answer Choices:
half
the equivalent of
1.5 to 2.5 times
2.5 to 3.5 times
Answer: 1.5 to 2.5 times
Question: What is a key difference between managing and leading?
Answer Choices:
Managers help people do their jobs by problem solving, while leaders help people do their jobs through planning and budgeting.
Managers help people do their jobs by providing direction, while leaders help people do their jobs through planning and budgeting.
Managers help people do their jobs by problem solving, while leaders help people do their jobs by providing direction.
Managers help people do their jobs by providing direction, while leaders help people do their jobs by accomplishing organizational goals.
Answer: Managers help people do their jobs by providing direction, while leaders help people do their jobs by accomplishing organizational goals.
Question: ______ are mental shortcuts in judgment and decision making.
Answer Choices:
A. Expectancies
B. Perceptions
C. Heuristics
D. Cognitions
E. Not visible in the image.
Answer: C. Heuristics
Question: A student says, “I am not getting any notification of the assignment due dates or class assignments.” What should this student do?
Answer: check your notification settings
Question: The rationale for allowing a monopoly supplier of government-provided goods is that ________.
Answer Choices:
rent seeking is prevented
inefficient duplication is avoided
all rents go to the government
the goods are of consistent quality
Answer: inefficient duplication is avoided
Question: Private prisons are an example of privatization through ________.
Answer Choices:
contracting
franchising
subsidizing
tax incentivizing
Answer: contracting
Question: Bonuses, contest prizes, and profit sharing are examples of which type of compensation?
Answer Choices:
incentives
base pay
benefits
exchange
Answer: incentives
Question: Only ___% of business organizations survive more than two years.
Answer Choices:
5
10
15
20
Answer: 20
Question: What may accompany the adjourning stage of group performance?
Answer Choices:
a sense of uncertainty
a sense of unity
a sense of loss
Answer: a sense of loss
Question: According to the text, the difference between a group and a team relies on which of the following ideas?
Answer Choices:
Team members share a common commitment, while group members solely share common norms and an identity.
Teams go through different phases of development, while groups remain static over the course of time.
Groups go through different phases of development, while teams remain static over the course of time.
Teams should be formed with 10 members or less, while groups have an unlimited number of members.
Answer: Team members share a common commitment, while group members solely share common norms and an identity.
Question: In assessing a company’s environment, SWOT analysis stands for
Answer Choices:
setting, workplace, operations, and threats
strengths, weaknesses, opportunities, and threats
strengths, weaknesses, openings, and trends
setting, workplace, opportunities, and trends
Answer: strengths, weaknesses, opportunities, and threats
Question: When there is an equilibrium price for a certain soccer ball—as determined by the intersection of the demand and supply curves for that soccer ball—everyone who ________.
Answer Choices:
is willing to pay that price or more will get a soccer ball, and everyone who is willing to produce a soccer ball for that price or less will be able to sell it
wants to buy a soccer ball will be able to get it
wants to sell a soccer ball will be able to sell it
Answer: is willing to pay that price or more will get a soccer ball, and everyone who is willing to produce a soccer ball for that price or less will be able to sell it
Question: Fred E. Fiedler’s LPC test requires a subject to describe a coworker they ________.
Answer Choices:
have never interacted with
like the most
like the least
work very closely with
Answer: like the least
Question: Bella is head server at a chic Italian restaurant. What kind of manager is Bella?
Answer Choices:
front-line manager
middle manager
executive manager
a nonmanagerial employee
Answer: front-line manager
Question: What makes communication dynamic?
Answer Choices:
It is usually exciting, because transmitting messages can be exhilarating.
It is constantly changing, because messages feed other messages.
It is always irreversible, because we cannot take back what we say.
It is usually complex, because messages have many layers of meaning.
Answer: It is constantly changing, because messages feed other messages.
Question: This graduate level class requires you to take ownership of, and active engagement with, the course material. For a 3-credit class, what is the expectation for the number of hours of outside work that you would apply to the material each week?
Answer Choices:
3 hours/credit = 9 hours
2 hours/credit = 6 hours
5 hours/credit = 15 hours
30 minutes/credit = 30 minutes
Answer: 3 hours/credit = 9 hours
Question: Business management is considered a strategic function in which of the following areas?
Answer Choices:
accounting
human resources
logistics
production
Answer: human resources
Question: Which of the following scenarios describes the 360-degree assessment technique?
Answer Choices:
David’s performance is evaluated by his work over the last calendar year.
David’s performance is evaluated using a BARS scale.
David’s performance is evaluated based on the areas in which he has made the most progress.
David’s performance is evaluated by peers, subordinates, customers, and himself.
Answer: David’s performance is evaluated by peers, subordinates, customers, and himself.