Devry MGMT303 Final exam spring 2014

Question # 00013054 Posted By: mac123 Updated on: 04/21/2014 03:29 PM Due on: 04/30/2014
Subject Business Topic Management Tutorials:
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Page 1


Question 1.1.(TCO 1) Which of the following is an example of an organization? (Points : 7)

The Department of Labor
The Atlanta Braves
IBM
The Boys & Girls Club of America
All of the above

Question 2.2.(TCO 2) In Florida, a vacationer could choose from over 200 timeshare resorts. In Vermont, the choice is limited to 15. A resort in Vermont has (Points : 7)

the power of buyers.
the power of suppliers.
the threat of new entrants.
competitive rivalry.
the competitive advantage.

Question 3.3.(TCO 3) The Sarbanes-Oxley Act requires _____ to vouch for the truthfulness and fairness of the firm’s financial disclosures. (Points : 7)

all employees
managers
senior managers
board members
senior managers and board

Question 4.4.(TCO 4) Which of the following economies is not considered a mature market economy? (Points : 7)

Free market economy
Industrializing economy
Communist economy
Developing market economy
Command economy

Question 5.5.(TCO 5) Busy managers will often use _____, or rules of thumb, to make decision making more simple. (Points : 7)

heuristics
folksonomies
algorithms
sophisms

Question 6.6.(TCO 6) After watching the royal wedding, Susan wants to start her own hat-making company in the United States. To help her determine whether this is a good idea, she needs to find the answers to which of the following questions? (Points : 7)

Who are my customers, and where are they?
Who are my competitors, and where are they?
How can I differentiate my product from that of my competitors?
In what quantities and at what price will my customers buy my service?
All of the above

Question 7.7.(TCO 7) A regional manufacturing operation has the following divisions: manufacturing, finance, human resources, marketing, and shipping/receiving. This is an example of _____ departmentalization. (Points : 7)

functional
location
product
customer
sequential

Question 8.8.(TCO 8) According to Herzberg, when _____ factors are adequate, employees won't be satisfied, but they won't be dissatisfied either. (Points : 7)

intrinsic
hygiene
motivating
neutral

Question 9.9.(TCO 9) The communication process is (Points : 7)

meaning, encoding, transmission, decoding, and feedback.
meaning, noise, transmission, decoding, and feedback.
idea, encoding, transmission, decoding, and feedback.
meaning, decoding, transmission, encoding, and feedback.
idea, decoding, transmission, encoding, and feedback.

Question 10.10.(TCO 10) The basic purpose of control is (Points : 7)

to cope with organizational complexity.
to adapt to environmental changes.
to minimize costs.
to limit the accumulation of error.
All of the above

Page 2


Question 1.1.(TCO 2) An organization’s external environment includes the task and the general environments. Compare and contrast any two components that make up the general environment. (Points : 10)



Question 2.2.(TCO 3) How can the government influence social responsibility in organizations? (Points : 10)



Question 3.3.(TCO 7) Briefly describe the matrix structure of organization design. What are the advantages and disadvantages of this design? (Points : 10)



Question 4.4.(TCO 8) Distinguish between internal and external recruitments. Give examples of each. What are the benefits and drawbacks of each of the two recruitment methods? (Points : 10)



Question 5.5.(TCO 9) Distinguish between individual barriers and organizational barriers to communication. Explain two examples of each beside those referenced in the textbook. (Points : 10)



Question 6.6.(TCO 10) What are the different levels of control? What are the relationships between the different levels? (Points : 10)



Question 7.7.(TCO 2) Recall a recent group project or task in which you have participated. Explain how members of the group displayed each of the managerial skills. (Points : 10)



Page 3


Question 1.1.(TCO 2) Organizations have both an internal and an external environment. Describe the general environment and give at least one specific example of each dimension, other than the examples given in the text and in the lectures. (Points : 20)



Question 2.2.(TCO 8) You are a manager of a Consulting firm with 25 employees under your supervision. Employee Motivation appears to be slipping, as well as employee performance. Employees seem to have a negative attitude about their work, which has led to some turnover of employees and an increase in absenteeism. You have been asked to provide upper management with recommendations of how to improve motivation of the employees. Please create a motivation plan and list the main motivational theories you are applying in this plan. You should come up with a minimum of three ideas on how to improve motivation. (Points : 20)



Question 3.3.(TCO 9) You are the plant manager at Acme Plastics. You are running two shifts, a day shift and an evening shift. Before the day shift leaves each day, the workers must get an adequate supply of raw materials from the warehouse for the evening shift to use. On several occasions, they have failed to do so. By the time the evening shift gets to work, the warehouse is locked up, and it takes about 3 hours to get someone out to unlock it and get the production line rolling again. The two shift supervisors are at each other's throats, and you have to do something to correct the situation. What is the basic problem causing this conflict? What could you do to solve it? (Points : 20)



Question 4.4.(TCO 10) Our text defines the four functions of a management as planning, organizing, leading and controlling. Briefly put, the plan states the desired outcome or goal and the process for achieving it. Control is the regulation of organizational activities and processes in such a way as to facilitate goal attainment. Assume that you are a manager of a business. State the type of business you are managing (it can be any business you choose). Give two examples of controls that you would implement in the business and how they could facilitate goal attainment

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