Question: Which of the following competencies involves the ability to critically analyze and solve complex problems?
Answer Choices:
A. Technical
B. Interpersonal
C. Both conceptual and interpersonal
D. Conceptual
E. Both interpersonal and technical
Answer: D. Conceptual
Question: The Formula of Humanity commands us to
Answer Choices:
always treat others with respect if they obey the moral laws.
always treat others with respect and never as a mere means to an end.
always treat others the way you wish they treat you.
Answer: always treat others with respect and never as a mere means to an end.
Question: The slope of the Production Possibility Curve shows the ________.
Answer Choices:
opportunity cost
economic cost
accounting cost
economic growth
Answer: opportunity cost
Question: Employee inventories and skills inventories are strategies for ________.
Answer Choices:
job design
promoting from within
external recruiting
human resource planning
Answer: promoting from within
Question: The ________ requires employers to provide job-protected unpaid leave to an employee who is unable to perform his or her job due to a serious health condition.
Answer Choices:
Americans with Disabilities Act of 1990
Equal Employment Opportunity Commission
Family and Medical Leave Act of 1993
Fair Labor Standards Act of 1938
Answer: Family and Medical Leave Act of 1993
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: An organization’s discipline system should be ________.
Answer Choices:
enforced by a series of policies
applied uniformly to all employees
reinforced multiple times per violation
presented verbally when a worker begins a job
Answer: applied uniformly to all employees
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: In an analysis of personal wealth distribution, the Gini coefficient measures ________.
Answer Choices:
distribution of wealth
income inequality
poverty levels
income equality
Answer: income inequality
Question: For NGR 6850, the week begins and ends:
Answer Choices:
on Monday at 8:00 am and ends Sunday at 11:59 pm
whenever you want
on Saturday at 8:00 am and ends Saturday at 11:59 pm
on Wednesday at 8:00 am and ends the following Wednesday at 5:00 pm
Answer: on Monday at 8:00 am and ends Sunday at 11:59 pm
Question: True or False? Growth in health care spending does not have the effect of crowding out non-health-related types of goods and services.
Answer Choices:
True
False
Answer: False
Question: In his influential book “The Concept of the Corporation,” which company did management specialist Peter Drucker analyze as a large social institution involved with business activities?
Answer Choices:
Costco
The Aspin Globe
Starbucks
General Motors
Answer: General Motors
Question: What does an economist suggest that efficient allocation of resources by the market means?
Answer Choices:
Every individual who wants a product gets it.
Producers determine what to produce, and consumers buy it.
The products desired by a society are produced.
Answer: The products desired by a society are produced.
Question: The ________ requires employers to provide job-protected unpaid leave to an employee who is unable to perform his or her job due to a serious health condition.
Answer Choices:
Americans with Disabilities Act of 1990
Equal Employment Opportunity Commission
Family and Medical Leave Act of 1993
Fair Labor Standards Act of 1938
Answer: Family and Medical Leave Act of 1993
Question: A rightward shift of an entire demand curve could be the result of an increase in ________.
Answer Choices:
income, if the good is inferior
the quantity demanded
the price of a complement
the price of a substitute
Answer: the price of a substitute
Question: Which of the following is NOT one of the steps involved in managerial planning?
Answer Choices:
Examine the company’s internal and external environments.
Determine which goals to pursue.
Choose strategies, tactics, and operational plans to achieve goals.
Measure performance at the strategic, tactical, and operational level.
Answer: Measure performance at the strategic, tactical, and operational level.
Question: What causes the radio pulses of a pulsar?
Answer Options:
The star’s orbiting companion periodically eclipses the radio waves emitted by the main pulsar.
A black hole near the star absorbs energy and re-emits it as radio waves.
As the star spins, beams of radio radiation sweep through space. If one of the beams crosses Earth, we observe a pulse.
The star undergoes periodic explosions of nuclear fusion that generate radio emission.
Correct Answer:
As the star spins, beams of radio radiation sweep through space. If one of the beams crosses Earth, we observe a pulse.
Answer Choices:
The star’s orbiting companion periodically eclipses the radio waves emitted by the main pulsar.
A black hole near the star absorbs energy and re-emits it as radio waves.
As the star spins, beams of radio radiation sweep through space. If one of the beams crosses Earth, we observe a pulse.
The star undergoes periodic explosions of nuclear fusion that generate radio emission.
Answer: As the star spins, beams of radio radiation sweep through space. If one of the beams crosses Earth, we observe a pulse.
Question: Technocratically determined demand means that ________.
Answer Choices:
the demand for labor will depend on techniques of production and on technological progress
the demand for product will require that more technology be added to the production function
demand is calculated based on how much technology is involved in the final product
consumers determine demand by using technology such as the internet to indicate preferences
Answer: the demand for labor will depend on techniques of production and on technological progress
Question: What may accompany the adjourning stage of group performance?
Answer Choices:
a sense of uncertainty
a sense of unity
a sense of conflict
a sense of loss
Answer: a sense of loss
Question: Which of the following statements is normative?
Answer Choices:
Students’ grades and their attitudes are not related to their incomes.
People who have college degrees have higher incomes on average than those who do not.
Students’ tuition costs are currently more than the value of their postgraduate income.
College students should take advantage of the many opportunities available to them in school.
Answer: College students should take advantage of the many opportunities available to them in school.
Question: According to the text, the difference between a group and a team relies on which of the following ideas?
Answer Options
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 economic theory, demand refers to the various amounts of goods or services that consumers are willing to buy over a specified time period ________.
Answer Choices:
as their income changes
as their tastes change
at various prices
when prices increase
Answer: at various prices