1 - Fundamentals of Management. Exam Exercise [PDF]

Zitiervorschau

PART 1 Discuss the following sentences. Mark the sentences T (True) or F (False) and express your explanation. (All information are in Chapter 1 – Chapter 2 – Chapter 3.) 1. Part of what defines an organization is its purpose. 2. All organizations have a structure that in some ways serves to define and limit the behavior of members of the organization. 3. In order to be considered a manager, an individual must direct or oversee the work of others. 4. A manager does not work directly on tasks for the organization. 5. Supervisors and team leaders may both be considered first-line managers. 6. Effectiveness refers to the relationship between inputs and outputs. 7. A goal of efficiency is to minimize output costs while maximizing input costs 8. Effectiveness refers to the attainment of the organization's goals. 9. Managers who are effective at meeting organizational goals always act efficiently. 10. The four contemporary management processes are planning, organizing, leading, and commanding. 11. The external environment of an organization includes factors and forces that can affect how the organization operates. 12. The components of an organization's external environment include a technological component and a political component. 13. The sociocultural component of the external environment of an organization includes trends and traditions, but not basic attitudes and values. 14. The overall trend toward globalization is part of the political component of an organization's external environment. 15. The symbolic view of management holds that an organization's performance is based solely on the decisions of managers. 16. The omnipotent view of management holds that good managerial decisions result in an organization's success. 17. The age of a population is one of its most important demographics. 18. Gen Xers are generally the children of the Baby Boomers. 19. An industry with a dynamic business environment that is also highly complex faces the maximum amount of environmental uncertainty. 20. A good manager considers the interests of all stakeholders equally when making an important decision.

21. Multinational corporations maintain significant operations in two or more countries simultaneously. 22. Transnational corporations run their businesses from their home country. 23. When organizations go global, they often start by simply exporting products to one or more foreign countries. 24. After the outsourcing stage, companies that are going global often turn to exporting and importing goods across international borders. 25. Licensing and franchising typically follow the export-import phase of globalization. 26. In a strategic alliance, companies join together to form a separate entity to produce a product. 27. Managers with a parochial view of the world tend to see things from the point of view of a foreign culture. 28. French organizations have a very different view of status than American organizations. 29. A society with high uncertainty avoidance relies on rules and trusts its social institutions to deal with an uncertain future. 30. Cultures with a high assertiveness rating tend to have people who are timid and shy. PART 2 Discuss the case study (P.52 in the book)