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uestion 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) With whom is the United States involved in a mature market system? (Points : 5) The African Union The Latin American Integration Association The Caribbean Common Market Canada and Mexico Pacific Asia Question 5.5.(TCO 5) When dealing with the strategic planning for an organization, the _____ is the single most important individual in the planning process. (Points : 5) chief executive officer chief legal counsel head of planning task force chief financial officer vice president of planning 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) What are the functions of a manager? If you had to pick one as being the most important function, which would it be and why? (Points : 10) Question 8.8.(TCO 2) Explain the differences among mergers, acquisitions, and alliances. (Points : 10) Question 9.9.(TCO 3) How is an individual’s ethics determined? Explain. (Points : 10) Question 10.10.(TCO 4) Briefly describe the four basic levels of international business activity. (Points : 10) Question 11.11.(TCO 7) Briefly explain the situational influences on organizational design. (Points : 10) Question 12.12.(TCO 4) Describe three environmental challenges of international management. (Points : 15) Question 13.13.(TCO 5) Identify a company and write a brief SWOT analysis for that company. (Points : 15) Question 14.14.(TCO 6) Describe three major important roles of entrepreneurship in the American economy. (Points : 15) Question 15.15.(TCO 7) Briefly describe the matrix form of organization design. List its advantages and disadvantages. This structural form is most likely to be used under what conditions? (Points : 15)

uestion 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) With whom is the United States involved in a mature market system? (Points : 5)

The African Union
The Latin American Integration Association
The Caribbean Common Market
Canada and Mexico
Pacific Asia

Question 5.5.(TCO 5) When dealing with the strategic planning for an organization, the _____ is the single most important individual in the planning process. (Points : 5)

chief executive officer
chief legal counsel
head of planning task force
chief financial officer
vice president of planning

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) What are the functions of a manager? If you had to pick one as being the most important function, which would it be and why? (Points : 10)

 

Question 8.8.(TCO 2) Explain the differences among mergers, acquisitions, and alliances. (Points : 10)

 

Question 9.9.(TCO 3) How is an individual’s ethics determined? Explain. (Points : 10)

 

Question 10.10.(TCO 4) Briefly describe the four basic levels of international business activity.
(Points : 10)

 

Question 11.11.(TCO 7) Briefly explain the situational influences on organizational design. (Points : 10)

 

Question 12.12.(TCO 4) Describe three environmental challenges of international management. (Points : 15)

 

Question 13.13.(TCO 5) Identify a company and write a brief SWOT analysis for that company. (Points : 15)

 

Question 14.14.(TCO 6) Describe three major important roles of entrepreneurship in the American economy. (Points : 15)

 

Question 15.15.(TCO 7) Briefly describe the matrix form of organization design. List its advantages and disadvantages. This structural form is most likely to be used under what conditions? (Points : 15)

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