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MGT 500 Midterm Exam Guide
Question 1
Question 2
Question 3
(3) ____ skills is the cognitive ability to see the organization as a whole and the relationship
among its parts
Question 4
Question 5
Question 6
Question 7
Which of the following cultures values and rewards a methodical, rational, orderly way of doing
things?
Question 8
Question 9
____ is a narrative based on true event that is repeated frequently and shared by organizational
employees.
Question 10
____ refers to a value characterized by peoples intolerance for uncertainty and ambiguity and
resulting support for beliefs that promise certainty and conformity.
Question 11
Which of the following refers to engaging in the international division of labor so as to obtain the
cheapest sources of labor and supplies regardless of country?
Question 12
A cultural attitude marked by the tendency to regard ones own culture as superior to others is
called ____
Question 13
____ is the responsibility that goes beyond societal expectations to contribute to the community
welfare.
Question 14
In what stage of personal moral development is a person mostly concerned with external rewards
and personal consequences of an action?Answer | | | |
Question 15
The ethical decision approach that requires persons to be guided by standards of equity, fairness
and impartiality is the
Question 16
Which of these refers to the financing that consists of funds that are invested in exchange for
ownership in the company?
Question 17
According to the Small Business Administration, which of these defines a small business?
Question 18
Question 19
Which type of plan helps managers implement the overall strategic plan?
Question 20
____ enables firms to cope with unexpected events that are so sudden and devastating that they
have the potential to destroy the organization if managers arent prepared with a quick and
appropriate response.Answer | | | |
Question 21
Question 22
Question 23
Decisions regarding the proper amount of advertising for a particular good or service are related
to.
Question 24
Which of the following refers to a strategy that combines global coordination to attain efficiency
with flexibility to meet specific needs in various countries?
Question 25
Which of the following is a business activity that an organization does especially well relative to
its competition?