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FREE AND STUDY GAMES ABOUT MANAGEMENT TEST 2.0
Actual Qs and Ans Expert-Verified Explanation
This Exam contains:
-Guarantee passing score -69 Questions and Answers -format set of multiple-choice -Expert-Verified Explanation
Question 1: The central companies in a strategic group is known as what?
Answer:
Core firms Question 2: The phase of a technology cycle characterized by technological substitution and design competition is which of the following?
Answer:
Discontinuous change
Question 3: What does S.M.A.R.T mean?
Answer:
Specific, Measurable, Attainable, Realistic, Timely Question 4: Technology cycle is:
Answer:
A cycle that begins with a new technology and ends when that technology reaches its limits and is replaced by a newer one.
Question 5: How can an organization achieve a competitive advantage?
Answer:
By using their resources to provide greater value force customers than competitors can Question 6: Managing resistance to change is:
Answer:
All of the above
Question 7: What are the general steps of organizational development?
Answer:
all of the above Question 8: Technological ____ is a scientific advance or a unique combination of existing technologies creates a significant breakthrough in performance of function.
Answer:
Discontinuity Question 9: ________ is an active strategy to prevent or reduce political risks?
Answer:
Control
Question 10: What is a tariff?
Answer:
A direct tax on imported goods Question 11: Which manager develops tactical plans and management by objectives to motivate employee efforts toward the overall vision and mission?
Answer:
Middle Managers Question 12: Using formal power and authority to force others to change is known as?
Answer:
Coercion
Question 13: What's a component of creative work environment?
Answer:
Both B & C Question 14: Which of the following are considered to be errors that managers make when leading change?
Answer:
All of the above Question 15: Resources that are not controlled or possessed by many competing firms are:
Answer:
Rare resources Question 16: Star is:
Answer:
Company with a large share of a fast growing market
Question 17: What is the correct definition of a company's vision?
Answer:
A statement of a company's purpose or reason for existing
Question 18: Which of the following are not examples of resources?
Answer:
Firms
Question 19: What are quotas?
Answer:
Specific limits on the number or volume of imported products Question 20: What is measure of the intensity of completive behavior between companies in an industry?
Answer:
Character of the rivalry
Question 21: The Maastricht Treaty is a regional trade agreement between most European countries, which of the following was not one of the countries?
Answer:
China
Question 22: Name A Core Firm
Answer:
Lowe's Question 23: What is the standing plan that indicates the general course of action that should be taken in response to a particular event?
Answer:
policy Question 24: Forces that support the existing state of conditions in organizations are what type of forces?
Answer:
Resistance forces Question 25: A strategic alliance is:
Answer:
When two companies combine recourses, costs, risk, technology, and people
Question 26: What do managers typically include in their strategic groups?
Answer:
Companies that compete directly with their customers, Companies that use similar strategies (Both A&C) Question 27: When companies don't anticipate, recognize, neutralize, or adapt to the internal or external pressures that threaten their survival, what occurs?
Answer:
Organizational decline