{"id":3784,"date":"2018-12-04T21:04:32","date_gmt":"2018-12-04T10:04:32","guid":{"rendered":"https:\/\/casestudyhelp.com\/sample-questions\/?p=3784"},"modified":"2018-12-04T21:04:32","modified_gmt":"2018-12-04T10:04:32","slug":"management-quiz-question-and-answer","status":"publish","type":"post","link":"https:\/\/casestudyhelp.com\/sample-questions\/management-quiz-question-and-answer\/","title":{"rendered":"MANAGEMENT Quiz Question and Answer for MBA Students"},"content":{"rendered":"<h2 style=\"text-align: center;\"><span style=\"text-decoration: underline;\">MANAGEMENT<\/span><\/h2>\n<p><strong>\u00a0<\/strong><\/p>\n<p style=\"text-align: justify;\">The test is an institutional assessment indicator, important for the accreditation status of SBS Swiss Business School.<\/p>\n<p style=\"text-align: justify;\">Directions: This is an individual exam. You are not allowed to use any papers or books or seek the help of a friend. Each section contains independent questions. Each of the questions or incomplete statements is followed by 4 suggested answers or completions. Select the one that is best in each case. Good luck!<\/p>\n<p><strong>1.\u00a0 \u00a0Relatively enduring resource transactions flows, and linkages that occur among two or more organizations are called:<\/strong><\/p>\n<p>a.\u00a0 Intranet.<\/p>\n<p>b.\u00a0 Inter organizational Relationships.<\/p>\n<p>c.\u00a0 Resource Dependence.<\/p>\n<p>d.\u00a0 Institutional Environment.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Answer_________<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p><strong>2.\u00a0 \u00a0A system formed by the interactions of a community of organizations and their environment is referred to as a(n):<\/strong><\/p>\n<p>a.\u00a0 Inter Organizational Relationships<\/p>\n<p>b.\u00a0 Organizational Ecosystem<\/p>\n<p>c.\u00a0 Collaboration Network<\/p>\n<p>d.\u00a0 Institutional Environment<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Answer_________<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p><strong>3.\u00a0 \u00a0In this new world, managers think about _______ rather than vertical structures.<\/strong><\/p>\n<p>a.\u00a0 Profit-Making<\/p>\n<p>b.\u00a0 Stakeholders<\/p>\n<p>c.\u00a0 Horizontal Structures<\/p>\n<p>d.\u00a0 Competition<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Answer_________<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><strong>4.\u00a0 \u00a0Which of the following is not part of the framework of inter-organizational relationships?<\/strong><\/p>\n<p>a.\u00a0 Population Ecology<\/p>\n<p>b.\u00a0 Institutionalism<\/p>\n<p>c.\u00a0 Collaborative Network<\/p>\n<p>d.\u00a0 Shared Competition<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Answer_________<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><strong>5.\u00a0 \u00a0Which theory argues that organizations try to minimize their reliance on other organizations for the supply of important resources and try to influence the environment to make resources available?<\/strong><\/p>\n<p>a.\u00a0 Inter Organization Theory<\/p>\n<p>b.\u00a0 Environmental Resource Theory<\/p>\n<p>c.\u00a0 Resource Dependence Theory<\/p>\n<p>d.\u00a0 Economic Supply Theory Answer<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Answer_________<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p><strong>6.\u00a0 \u00a0Which of the following statements is <span style=\"text-decoration: underline;\">false<\/span>?<\/strong><\/p>\n<p>a.\u00a0 Functional managers may be the head of a payroll<\/p>\n<p>b.\u00a0 Functional managers often oversee several general<\/p>\n<p>c.\u00a0 Functional managers may be responsible for making sure that payroll checks are issued on time and in the correct<\/p>\n<p>d.\u00a0 General Managers may be responsible for a strategic business unit or a division.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Answer________<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><strong>7.\u00a0 \u00a0General Managers usually have ________ managers reporting to them.<\/strong><\/p>\n<p>a.\u00a0 Country<\/p>\n<p>b.\u00a0 Top<\/p>\n<p>c.\u00a0 Regional<\/p>\n<p>d.\u00a0 Function<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Answer________<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><strong>8.\u00a0 \u00a0One who understands the workings of a business enterprise is aware of the fact that in large organizations, managers may be distinguished by the scope of the activities they manage. Therefore, which of the following statements is accurate?<\/strong><\/p>\n<p>a.\u00a0 Functional mangers supervise employees with general skills that may be applied to many<\/p>\n<p>b.\u00a0 General Managers supervise employees with specialized skills in a single<\/p>\n<p>c.\u00a0 General Managers may be responsible for the operation of a department, but only if it is very<\/p>\n<p>d.\u00a0 General Managers are responsible for the overall operations of a more complex unit such as a company or division.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Answer_________<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><strong>9.\u00a0 \u00a0In what specific sequence do managers perform their managerial functions in order to achieve company goals?<\/strong><\/p>\n<p>a.\u00a0 Planning, Organizing, Leading, Controlling<\/p>\n<p>b.\u00a0 Organizing, Leading, Controlling, Planning<\/p>\n<p>c.\u00a0 Leading, Controlling, Planning, Organizing<\/p>\n<p>d.\u00a0 None Of The Above Because The Functions Are Often Performed<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Answer________<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><strong>10.\u00a0 \u00a0American Express\u2019 decision to grow their customer base, and establish global partners is an example of which managerial function?<\/strong><\/p>\n<p>a.\u00a0 Organizing<\/p>\n<p>b.\u00a0 Planning<\/p>\n<p>c.\u00a0 Directing<\/p>\n<p>d.\u00a0 Controlling<\/p>\n<p>&nbsp;<\/p>\n<p>Answer_________<\/p>\n<p>&nbsp;<\/p>\n<p><strong>11.\u00a0 \u00a0All of the following are reasons managers plan <span style=\"text-decoration: underline;\">except<\/span>:<\/strong><\/p>\n<p>a.\u00a0 Coordinating Human, Material, and Information Resources.<\/p>\n<p>b.\u00a0 Establishing an Overall Direction for the Organization\u2019s Future.<\/p>\n<p>c.\u00a0 Identifying And Committing the Organization\u2019s Resources to Achieving Its Goals.<\/p>\n<p>d.\u00a0 Deciding Which Tasks Must Be Done To Reach Those Goals.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Answer________<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><strong>12.\u00a0 \u00a0Managers can better coordinate human, material, and information resources by:<\/strong><\/p>\n<p>a.\u00a0 Organizing<\/p>\n<p>b.\u00a0 Delegating<\/p>\n<p>c.\u00a0 Leading Team<\/p>\n<p>d.\u00a0 Focusing On Issues.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Answer_________<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><strong>13.\u00a0 \u00a0In the process, managers set standards of performance, measure current performance against those standards, take action to correct any deviations, and adjust the standards if necessary.<\/strong><\/p>\n<p>a.\u00a0 Planning<\/p>\n<p>b.\u00a0 Organizing<\/p>\n<p>c.\u00a0 Leading<\/p>\n<p>d.\u00a0 Controlling<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Answer_________<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><strong>14.\u00a0 \u00a0Howard Schultz, CEO of Starbucks, believes that its success is due to competitive spirit, ability to respond to customers\u2019 needs, and its<span style=\"text-decoration: underline;\"> \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/span>process.<\/strong><\/p>\n<p>a.\u00a0 Leading<\/p>\n<p>b.\u00a0 Planning<\/p>\n<p>c.\u00a0 Controlling<\/p>\n<p>d.\u00a0 Organizing<\/p>\n<p><strong>Answer_________<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><strong>15.\u00a0 \u00a0YUM! Brands are divided into five distinct restaurant brands for the purpose of serving the specialized needs of customers. What managerial function is being employed to achieve this type of clarity?<\/strong><\/p>\n<p>a.\u00a0 Organizing<\/p>\n<p>b.\u00a0 Planning<\/p>\n<p>c.\u00a0 Leading<\/p>\n<p>d.\u00a0 Controlling<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Answer_________<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><strong>16.\u00a0 \u00a0When Lois Dimpfel, vice president of IBM Worldwide Olympic Technology Systems, was organizing the team to bring the Salt Lake City Games to millions of TV viewers, she was primarily involved in the _________ managerial function.<\/strong><\/p>\n<p>a.\u00a0 Planning<\/p>\n<p>b.\u00a0 Controlling<\/p>\n<p>c.\u00a0 Organizing<\/p>\n<p>d.\u00a0 Leading<\/p>\n<p>&nbsp;<\/p>\n<p>Answer_________<\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><strong>17.\u00a0 \u00a0Kerry Smith has just moved into a top-level managerial role with Pepsi products. Which of the following is not part of the planning process Smith will be engaged in?<\/strong><\/p>\n<p>a.\u00a0 Establishing directions for the organization<\/p>\n<p>b.\u00a0 Identifying the organization&#8217;s resources to achieve organizational goals<\/p>\n<p>c.\u00a0 Committing the organization&#8217;s resources to achieve organizational goals<\/p>\n<p>d.\u00a0 Structuring relationships among employees that will enable them to carry out management&#8217;s plans and meet specific goals<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Answer_________<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><strong>18.\u00a0 \u00a0Starbucks attributes its success to the managerial function of ________, which includes control procedures such as the criteria used to hire people, the type of coffee beans used, and the physical layout of stores.<\/strong><\/p>\n<p>a.\u00a0 Planning<\/p>\n<p>b.\u00a0 Controlling<\/p>\n<p>c.\u00a0 Directing<\/p>\n<p>d.\u00a0 Organizing<\/p>\n<p>&nbsp;<\/p>\n<p>Answer_________<\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><strong>19.\u00a0 \u00a0The planning function is the dynamic process of making decisions that focus on__________.<\/strong><\/p>\n<p>a.\u00a0 Outsourcing<\/p>\n<p>b.\u00a0 Past Performance<\/p>\n<p>c.\u00a0 Future Performance<\/p>\n<p>d.\u00a0 Technical Skills<\/p>\n<p>&nbsp;<\/p>\n<p>Answer_________<\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><strong>20.\u00a0 \u00a0Once managers have defined goals for future performance, they must translate those relatively abstract desires into reality. The coordination effort to do this represents _________.<\/strong><\/p>\n<p>a.\u00a0 Organizing<\/p>\n<p>b.\u00a0 Planning<\/p>\n<p>c.\u00a0 Controlling<\/p>\n<p>d.\u00a0 Leading<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Answer________<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<script type=\"text\/javascript\" charset=\"utf-8\" src=\"http:\/\/w.sharethis.com\/widget\/?wp=6.2.9\"><\/script>","protected":false},"excerpt":{"rendered":"<p>MANAGEMENT \u00a0 The test is an institutional assessment indicator, important for the accreditation status of SBS Swiss Business School. Directions: This is an individual exam. You are not allowed to use any papers or books or seek the help of a friend. Each section contains independent questions. Each of the questions or incomplete statements is [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[890],"tags":[1101,1358,1047,1100],"_links":{"self":[{"href":"https:\/\/casestudyhelp.com\/sample-questions\/wp-json\/wp\/v2\/posts\/3784"}],"collection":[{"href":"https:\/\/casestudyhelp.com\/sample-questions\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/casestudyhelp.com\/sample-questions\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/casestudyhelp.com\/sample-questions\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/casestudyhelp.com\/sample-questions\/wp-json\/wp\/v2\/comments?post=3784"}],"version-history":[{"count":1,"href":"https:\/\/casestudyhelp.com\/sample-questions\/wp-json\/wp\/v2\/posts\/3784\/revisions"}],"predecessor-version":[{"id":3785,"href":"https:\/\/casestudyhelp.com\/sample-questions\/wp-json\/wp\/v2\/posts\/3784\/revisions\/3785"}],"wp:attachment":[{"href":"https:\/\/casestudyhelp.com\/sample-questions\/wp-json\/wp\/v2\/media?parent=3784"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/casestudyhelp.com\/sample-questions\/wp-json\/wp\/v2\/categories?post=3784"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/casestudyhelp.com\/sample-questions\/wp-json\/wp\/v2\/tags?post=3784"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}