Patronage buying motives are particularly important when product offerings from several companies are very similar

Indicate whether the statement is true or false


TRUE

Business

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Thoroughly understanding that the system is dynamic should have which of the following impacts on organizations?

a. Leaders should understand that they can only focus on so much and choose one aspect of the external environment to focus on well b. Since external factors are changing, internal systems need to change also c. The patterns of thinking that have developed over time are reliable as new conditions arise d. No matter what changes in the environment, the same people in an organization will always have the most influence

Business

Team culture refers to:

a. customs, rituals and traditions that underlie people’s values in organizations. b. shared perceptions of how the team should operate to accomplish its goals. c. rules and behavioral practices of organizational members. d. shared values, beliefs, and norms of an organization.

Business

This motivational theory tested individuals’ responses to a series of pictures to help explain their actions because it was based on the fact that “If you want to find out what’s on a person’s mind, don’t ask him because he can’t always tell you.”

a. McClelland’s achievement theory b. Herzberg’s theory c. Expectancy theory d. Maslow’s theory

Business

MBO stands for

A. managing by organizing. B. management by objectives. C. management by others. D. motivation by objective. E. management by orders.

Business