Business - Management; Pace 5 Quiz

Craig, the supervisor of a chemical plant, made the error of ordering more raw materials than required. When his manager asked him about this, he responded by saying that the production team misinformed him. In the context of decision-making traps, Craig has

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One advantage of leasing is that in most cases, it does not require any down payment

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Missing meetings is a form of _____ withdrawal

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Figure 13.2. Australian Economy Under a Fixed Exchange Rate System<img src="https://sciemce.com/files/2/ppg__cognero__CHAPTER_13_MECHANISMS_OF_INTERNATIONAL_ADJUSTMENT__media__e7ce2331-137d-4180-bdd7-3f4dad6046ee.PNG" style="vertical-align: 0px;" width="418px" height="307px" /> Refer to Figure 13.2. Starting at equilibrium income $50 billion, where (S-I)0 intersects (X-M)0, suppose that worsening profit expectations lead to an autonomous decrease in Australian investment of $5 billion. Australian income thus ____ which leads to Australia's trade account moving to a ____.

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Which of the following is NOT one of the four processes of organizational learning?

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Which of the following is a form of physical withdrawal?

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California's dairy farmers famous tagline "Got milk?" is an example of a slogan, not a business plan or a strategy. Briefly describe the differences among these key terms: planning, a business plan, and a strategy.

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Which statement is most correct about servant leadership?

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What is Marxism?

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Describe the relationship among a person's values, attitudes, and behaviors

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Which of the following could a company concerned about its environmental impact seek from the EPA?

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Which way of classifying leadership involves capabilities to make leadership possible?

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European Economic Community (EEC)

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Which of the following theories maintains that people keep doing things that have led to consequences they like, and people avoid doing things that have had undesirable consequences?

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Entrepreneurs determine financial requirements based on

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Strategy has a more important influence on structure, although once in place, structure influences strategy.

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The rapidly accelerating rate of change has created an environment in which staying in a leadership position requires constant creativity, innovation, and entrepreneurship

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Upward delegation ______.

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Predictive data is information used to ________

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When the market fails to adjust for the full costs of a firm's behavior, this is called:

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There is currently an uncomfortable work atmosphere at Crittendale's Department Store because Caroline, a recent college graduate, has been hired as the new manager. She is in charge of several employees who have been working there for over fifteen years. This situation is known as:

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Corporations which donate to PACs may encounter

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With what type of knowledge do people learn how to do something by doing it and usually cannot write down all of the steps in the process?

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Treating people inequitably can have a devastating effect on ______

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Which of the following is NOT a drawback of using secondary data?

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Which of the following is a major reason for the development of the pay equity idea?

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Cognitive dissonance is the psychological discomfort a person experiences when simultaneously holding two or more conflicting cognitions.

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What is a comprehensive government-developed database of worker attributes and job characteristics?

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Advantages of the matrix organization include all of the following EXCEPT:

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Which organizations are covered under the OSHA?

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This is your first meeting with your team. What should you do?

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Which of the following terms is used to refer to separation based on the existence and strength of subgroups due to the composition and alignments of different group member characteristics?

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In what ways do different types and methods of feedback affect the performance of negotiators in

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Bea’s Donuts requires that all people working in her store wear a light blue polo shirt showing the logo of her company. Requiring this shirt is part of what aspect of marketing?

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Which of the following is NOT characteristic of transformational leadership?

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In the age of technology, most people use a cell phone throughout the day. Identify three etiquette guidelines for cell phone use

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Consider the data on Inventory for Blenders Over a 20-Day Period. Any time that ending inventory falls to 15 or below, an order is placed for 30 units of the product. The lead time for delivery varies and is shown in the column under Lead Time. If the backorder costs were $20 per unit, what are the total backorder costs during the 20-day period?

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Organizational development consists of all learning experiences provided by an organization resulting in an upgrading of skills and knowledge required in current and future managerial positions

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Members of a homogeneous group have many characteristics in common

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The performance of hourly workers is more accurately tied to quantifiable measures than the performance of managerial workers.

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The Civil Rights Act of 1964 allows employers to set different cut-off test scores on the basis of race and sex during the hiring process

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How has business responded to consumer stakeholders over the years? What do you think made business respond more effectively to consumers?

Historically, business's response to consumer stakeholders began as tepid. It did not seem to take consumer concerns seriously. At the time the consumer movement began, business's response to consumers was casual, symbolic and not effective. Now, business has realized that consumers today are more persistent, more assertive, and more likely to exhaust all appeal channels in a dispute. Consumer activisits have exercised considerable power. As a result, business has responded with a more effective response, including customer service programs, toll-free hotlines, user-friendly Web sites, and consumer service representatives.

As to why business's response has improved, students will have differing opinions. Some will say the cause was fear of legal entanglement. Others may say that business had no choice but to address quality and safety concerns.

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Jim Adamson, CEO of Denny’s, was hired to improve the diversity woes at Denny’s. His first task was to ______.

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Which of the following refers to copying of the others’ behaviors (e.g., body movements, facial expressions, or speech)?

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Under the LMRA, illegally discharged employees can receive back pay for the period of time they were unemployed unless they are:

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What does a current account deficit mean?

54

The Six Sigma training level associated with a basic understanding of Six Sigma methodology is?

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Significant cost reductions, layoffs of employees, closing of poorly performing stores, offices, or manufacturing plants, or closing or selling entire lines of products or services would be characteristic of a __________ strategy

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When HR specialists state that a new predictor "adds value" to the prediction of job success, they mean that _____.

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__________ control involves monitoring ongoing operations to make sure objectives are pursued

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According to the text, performance is basically determined by

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Which ratio tells whether a company has sufficient assets to convert into cash to pay off its debts?

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Business - Management; Pace 5 Quiz

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