Question
2.2.(TCO
2) The Ford Motor Company sold an auto parts company because
profitability was low. The main environmental dimension considered was (Points : 5)
Question
3.3.(TCO
3) Which of the following is the MOST common approach to the management
of ethics? (Points
: 5)
Top management support
A multipage book of
organizational policies and procedures
An unwritten code of ethics
A written code of ethics and
top management support
Government regulation
Question
4.4.(TCO
4) With whom is the United States involved in a mature market system? (Points : 5)
The African Union
The Latin American
Integration Association
The Caribbean Common Market
Canada and Mexico
Pacific Asia
Question
5.5.(TCO
5) When dealing with the strategic planning for an organization, the
_____ is the single most important individual in the planning process. (Points : 5)
chief executive officer
chief legal counsel
head of planning task force
chief financial officer
vice president of planning
Question
6.6.(TCO
6) Identify the statement that is TRUE when comparing large and small
businesses. (Points
: 5)
Big businesses outnumber
small businesses by a wide margin.
Tax policies favor
medium-sized businesses.
Small businesses show
consistently lower financial performance than big businesses.
Business success creates jobs
regardless of size.
Small business formations are
on the decline, but the rate for big businesses is increasing.
Question 7.7.(TCO 1) What are the
functions of a manager? If you had to pick one as being the most important
function, which would it be and why? (Points : 10)
Question 8.8.(TCO 2) Explain the
differences among mergers, acquisitions, and alliances. (Points : 10)
Question 9.9.(TCO 3) How is an
individual’s ethics determined? Explain. (Points : 10)
Question 10.10.(TCO 4) Briefly describe the
four basic levels of international business activity.
(Points
: 10)
Question 11.11.(TCO 7) Briefly explain the
situational influences on organizational design. (Points : 10)
Question 12.12.(TCO 4) Describe three
environmental challenges of international management. (Points : 15)
Question 13.13.(TCO 5) Identify a company
and write a brief SWOT analysis for that company. (Points : 15)
Question 14.14.(TCO 6) Describe three major
important roles of entrepreneurship in the American economy. (Points : 15)
Question 15.15.(TCO 7) Briefly describe the
matrix form of organization design. List its advantages and disadvantages.
This structural form is most likely to be used under what conditions? (Points : 15)
Solution: Devry MGT303 midterm exam (Spring 2014)