1. When parties agree to exchange goods for services, this arrangement is best identified as:
A. factoring.
B. expropriation.
C. bartering.
D. forfeiting.
Answer: __________
2. A/An __________ refers to an operation where at least two or more companies share ownership of a foreign direct investment (FDI).
A. management contract
B. equity alliance
C. joint venture
D. franchise
Answer: __________
3. Governments are most likely to place quotas on:
A. exports.
B. imports.
C. foreign direct investment.
D. subsidies.
Answer: __________
4. A __________ decision is a noncomparative strategy that sometimes occurs because managers receive proposals from another company to set up a joint venture or distribution arrangement, or to sell or buy off the company's business units.
A. go-no-go
B. divestment
C. reinvestment
D. discontinuance
Answer: __________
5. A company's strategy to develop capabilities and contributions from different countries and share them among integrated worldwide operations is known as a __________ strategy.
A. transnational
B. multidomestic
C. global
D. differentiation
Answer: __________
6. __________ empowers team members to accomplish job objectives on their own accord and to be held accountable for their results.
A. Brainstorming
B. Conflict
C. Delegation
D. Trust
Answer: __________
7. __________ is a hierarchical tree of end items that are to be accomplished by the project team during the project.
A. Needs Assessment
B. Risk Management Plan
C. Responsibility Matrix
D. Work Breakdown Structure
Answer: __________
8. When a project has negative total slack, some activities need to be __________ in order to finish the project by its completion date.
A. accelerated
B. leveled
C. smoothed-over
D. tracked
Answer: __________
9. The primary purpose of a progress report is to report on project __________ rather than what __________ the project team worked on.
A. deliverables; activities
B. activities; objectives
C. accomplishments; activities
D. milestones; accomplishments
Answer: __________
10. For any project, the objective is usually defined in terms of __________, __________, and __________ (also known in the industry as the "triple constant").
A. scope, schedule, resources
B. schedule, cost, quality
C. cost, scope, planning
D. scope, schedule, cost
Answer: __________
11. A manager of a female employee is overheard making improper advances toward this employee, which she politely refuses. On another occasion, the manager is heard suggesting that he would recommend a promotion for the same female employee if only she would do something in return. This is an example of:
A. creating a hostile work environment.
B. sexual favoritism.
C. quid pro quo sexual harassment.
D. disparate impact.
E. preferential treatment.
Answer: __________
12. The music industry took Napster to court and forced the company to shut down its popular website that allowed anyone to exchange and download music. In the end, Napster lost the court battle and filed for bankruptcy. The major issue in this case was:
A. illegal data transmission.
B. copyright violations.
C. use of MP3 technology.
D. intermediary interference.
Answer: __________
13. In 1987 the United States Sentencing Commission set forth extensive sentencing guidelines for use in cases to determine corporate:
A. fraud.
B. liability.
C. character.
D. culpability.
E. retribution.
Answer: __________
14. Values that are acceptable to all cultures and all organizations are categorized (using the Integrative Social Contract Theory Global Values Map) as:
A. hypernorms.
B. consistent norms.
C. moral free space.
D. illegitimate norms.
E. microsocial norms.
Answer: __________
15. Genetic screening is a new and rapidly growing screening process used in a variety of ways. Which of the following is the most valid reason for using genetic screening?
A. Genetic discrimination for workplace safety
B. Denial of health insurance for a person with a disease-related genetic sequence
C. Denial of employment for a person with a disease-related genetic sequence
D. To develop preventive care health plans
E. For job viability
Answer: __________
16. According to the text, what is one of the reasons why the not-for-profit sector of an economy is important?
A. Not-for-profit businesses generate a substantial portion (35%) of the GDP.
B. Not-for-profit organizations use any excess of revenue over costs and expenses to accrue
to their stockholders to improve the public standing.
C. A private nonprofit firm tends to receive benefits from society that a private profit-making firm cannot obtain such as preferential tax status.
D. Without the not-for-profit sector, most of the workforce would be without employment.
E. Not-for-profit organizations produce goods and services which are imperative for good
international trade relations.
Answer: __________
17. When there are highly automated assembly lines making one mass-produced product using little human labor, this setup is called:
A. dedicated transfer lines.
B. connected line batch flow.
C. connected job flow.
D. mass batch lines.
E. mass job flow.
Answer: __________
18. What is the additional phase in the organizational life cycle that may occur sometime during the maturity or decline stages?
A. Pause phase
B. Acquisition phase
C. Recovery phase
D. Temporal displacement phase
E. Revival phase
Answer: __________
19. Under Stage I and the function of measurement and control, organizational measurement is based on:
A. control beyond one person.
B. assessment of functional operations necessary.
C. personal, subjective control.
D. evolution of structured control systems.
E. complex formal systems geared to compare systems.
Answer: __________
20. Which type of chief executive officer with a conservative style, a production or engineering background, and experience with controlling budgets, capital expenditures, inventories, and standardization procedures would be appropriate for a corporation following a stability strategy?
A. Professional liquidator
B. Dynamic industry expert
C. Turnaround specialist
D. Analytical portfolio manager
E. Cautious profit planner
Answer: __________
