Business Studies: Management & Change Are You Smarter Than A 5th Grader
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The document describes an quiz game show called "Are You Smarter Than a 5th Grader?" where contestants answer multiple choice questions on topics ranging from 5th grade to 1st grade level. As the contestant answers more questions correctly, the potential prize money increases from $1,000,000 for a 5th grade question down to $1,000 for a 1st grade question. The final question worth $1,000,000 asks about features of classical-scientific management approaches.
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TextAuthorsPublisherStrategic Management Conce.docx
Text:
Authors:
Publisher:
Strategic Management: Concepts and Cases
12th edition, 2009
ISBN: 13: 9780136015703
Fred R. David
Pearson Education
925 N. Spurgeon Street, Santa Ana, CA 92701 Phone: 714-547-9625 Fax: 714-547-5777
12/14
BAM560
Strategic Management
F
in
a
l
E
x
a
m
in
a
ti
o
n
All rights reserved. No part of this book may be reproduced or transmitted
in any form or by any means, electronic or mechanical, including photocopying,
recording or by any information storage and retrieval system without written
permission from the publisher, except for the inclusion of brief quotation
in review.
Copyright © 2014 by California Coast University
Final Examination
Strategic Management
1
Multiple Choice Questions (Enter your answers on the enclosed answer sheet)
1) During what stage of strategic management are a firm’s specific internal
strengths and weaknesses determined?
A) Feedback
B) Implementation
C) Goal-setting
D) Formulation
E) Evaluation
2) What step in the strategic development process involves mobilizing employ-
ees and managers to put strategies into action?
A) Implementing strategy
B) Formulating strategy
C) Strategy evaluation
D) Competitive advantage
E) Strategic advantage
3) Which phase of strategic management is called the action phase?
A) Strategy implementation
B) Strategy formulation
C) Allocating resources
D) Strategy evaluation
E) Measuring performance
4) ________ is not a strategy-implementation activity.
A) Devising policies
B) Establishing annual objectives
C) Taking corrective actions
D) Motivating employees
E) Allocating resources
5) ________ and ________ are external forces transforming business and society
today.
A) Corporate culture; stakeholders
B) Stakeholders; strategy
C) E-commerce; strategy
D) E-commerce; globalization
E) Strategy; globalization
2
Final Examination
Strategic Management
6) In December 2006, online sales in the U.S. rose by
A) 150 percent.
B) 10 percent.
C) 100 percent.
D) 25 percent.
E) 50 percent.
7) The one factor that has most significantly impacted the nature and core of
buying and selling in nearly all industries has been
A) corporate greed.
B) customer and employee focus.
C) the government.
D) the Internet.
E) political borders.
8) Specific results an organization seeks to achieve in pursuing its basic mission
are
A) rules.
B) mission.
C) policies.
D) objectives.
E) strategies.
9) In which phase of strategic management are annual objectives especially
important?
A) Implementation
B) Control
C) Evaluation
D) Formulation
E) Management
10) What are guides to decision making?
A) Laws
B) Procedures
C) Goals
D) Rules
E) Policies
Final Examination
Strategic Management
3
11) The changes that occurred when ...
(New) final exam for mgt 521 all correct answers 100%
This document provides the questions and answers to a multiple choice exam on management and business topics. It covers areas like communication, marketing, leadership, ethics, entrepreneurship, accounting, economics, human resources, and strategic planning. The questions test understanding of key concepts in these areas and ability to identify examples and apply definitions. The document suggests the answers may not completely cover the actual exam being taken.
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This document provides the questions and answers to a multiple choice exam on management and business topics. It covers areas like communication, marketing, leadership, ethics, entrepreneurship, accounting, economics, human resources, and strategic planning. The questions test understanding of key concepts in these areas and ability to identify examples and apply definitions. The document suggests the answers may not completely cover the actual exam being taken. It requests good feedback if the answers were helpful for studying.
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-Student NumberSummative Assessment 1Management Principles.docx
-
Student Number:
Summative Assessment 1
Management Principles
(Modules 1, 2 and 3)
Assignment no. MAN61S-123-1
SECTION A
/50
SECTION B
/100
SECTION C
/50
TOTAL
/200
1
Copyright © Business Management Training College (Pty) Ltd
6
-
Student Number:
SUMMATIVE ASSESSMENT 1 (MODULES 1, 2 & 3): MANAGEMENT PRINCIPLES
SECTION A: SHORT QUESTIONS
Question 1:
Select from
column A
the correct answer to match
column B
.
Match the management functions in column A with the descriptions in column B:
A Statement: B Nr: Your Answers:
a) Organising. 1.1 Determines an organisation's vision, mission and
1.1
goals.
b) Controlling 1.2 Monitoring progress and taking corrective steps to
reach the mis sion and goals. 1.2
c) Planning. 1.3 Motivating and directing employees. 1.3
d) Leading 1.4 Grouping together activities and allocating
1.4
resources .
Total question 1 /4
Question 2:
Select from
column A
the correct answer to match
column B
.
Match the management levels in column A with the descriptions in column B:
A Statement: B Nr: Your Answers:
a)Top managers 2.1 Implementing policies, plans and strategies. 2.1
b) Middle management 2.2 Spend the greatest portion of their time on leading. 2.2
c) First line managers or
2.3 Develop longer-term goals and strategies to reach
2.3
supervisors
them.
Total question 2 /3
Question 3:
Select from
column A
the correct answer to match
column B
.
Match the managerial roles in column A with the descriptions in colum n B:
A Statement: B Nr: Your Answers:
a) Interpersonal 3.1 Acts as spok esperson for the department 3.1
b) Decision making 3.2 Acts as negotiator about goals, standards of
performance and resources. 3.2
c) Information 3.3 Act as figurehead and leader. 3.3
Total question 3 /3
2
Copyright © Business Management Training College (Pty) Ltd
-
Student Number:
Question 4:
Read each statement carefully then state
true or false
in the space provided.
Nr: Statement or question:
Your Answers
A manager is considered competent if he or she has all the relevant knowledge
4.1
that is required to do the job of a manager.
4.2
Ecological forces influenced the evolution of management theories.
4.3
Frederick Taylor conducted the Hawthorn studies in the late 1800’s.
4.4
Henri Fayol formulated 14 principles for effective management
The Hawthorne effect refers to the negative effects poor light has on workers’
4.5
performance
Six Sigma is a business improvement methodology that focuses on understanding
4.6
and managing workers’ requirements.
The individual organisation has limited control over the components of the macro
4.7
environment but can have a strong influence on some of the variables.
Environmental scanning is necessary to determine whether factors in the
4.8
environment constitute a threat to the organisation’s mission, vision and goals.
When an organisation has to decide whether to centralise or decentralise
4.9
authority, the skills of the lower-level managers have to be considered.
Tactica ...
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Vertical exaggeration (VE) refers to how much a cross-sectional profile has been exaggerated compared to the actual terrain. To calculate VE, divide the vertical scale by the horizontal scale. The vertical scale represents the height units per centimeter on the profile, while the horizontal scale is the map scale used to create the profile. The VE number indicates how many times the vertical axis has been stretched compared to the horizontal axis.
Global Inequalities
The document discusses global inequalities and patterns of development. It provides statistics showing large disparities between developed and developing countries in areas like income, access to resources, education and health outcomes. Over a billion people live on under $1 per day, while the wealthiest few individuals possess as much as the poorest countries combined. Development indicators also show uneven progress, with LEDCs having lower GDP, literacy and life expectancy than MEDCs.
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Grid and Area references
This document discusses grid references and how they are used to locate features on maps. It explains that topographic maps use a grid system of eastings and northings to specify locations, and that area references use a four-digit code to indicate a specific grid square. It also introduces six-figure grid references which can pinpoint an exact location within a grid square down to the tenth of the easting and northing. Examples are provided to demonstrate how to read and use both area references and more precise grid references.
Deserts
1. Deserts occur in areas where evaporation exceeds precipitation, covering about 30% of the Earth's surface.
2. Deserts are classified based on average annual precipitation, ranging from extremely arid with no rain for 12 months to semi-arid with 250-500 mm of rain.
3. Hot deserts near the Tropics have large daily temperature variations without cloud cover, while cold deserts have mild to warm summers and very cold winters.
Weather and Climate
The document discusses various weather and climate concepts including:
- Weather is the current atmospheric conditions while climate is the average weather over time.
- High pressure systems are associated with clear skies and dry conditions while low pressure systems bring clouds and rain.
- Weather maps use lines of equal pressure (isobars) and symbols to show wind speed and direction helping predict future conditions.
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The document discusses how to measure and describe gradients on maps and in the field. It explains that gradient measures the steepness of a slope by calculating the rise over the run between two points. An example calculation is shown where the rise is 42 meters and the run is 600 meters, resulting in a gradient of 1 in 14.3. This means that for every 14.3 meters traveled along the ground, one would go up one meter, indicating a gentle slope. The document asks the reader to consider how gradient relates to land use and hazards like bushfires.
Demographic Characteristics
Australia's population is currently growing at its fastest rate in almost 20 years due to both natural increase and immigration. Key characteristics of Australia's population include a population size of over 20 million that is concentrated along the eastern coast, an aging population structure, and an increasingly diverse ethnic composition with over a quarter of Australians being foreign-born or having foreign-born parents. The total fertility rate has risen in recent years but remains below replacement level.
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TextAuthorsPublisherStrategic Management Conce.docx
Text:
Authors:
Publisher:
Strategic Management: Concepts and Cases
12th edition, 2009
ISBN: 13: 9780136015703
Fred R. David
Pearson Education
925 N. Spurgeon Street, Santa Ana, CA 92701 Phone: 714-547-9625 Fax: 714-547-5777
12/14
BAM560
Strategic Management
F
in
a
l
E
x
a
m
in
a
ti
o
n
All rights reserved. No part of this book may be reproduced or transmitted
in any form or by any means, electronic or mechanical, including photocopying,
recording or by any information storage and retrieval system without written
permission from the publisher, except for the inclusion of brief quotation
in review.
Copyright © 2014 by California Coast University
Final Examination
Strategic Management
1
Multiple Choice Questions (Enter your answers on the enclosed answer sheet)
1) During what stage of strategic management are a firm’s specific internal
strengths and weaknesses determined?
A) Feedback
B) Implementation
C) Goal-setting
D) Formulation
E) Evaluation
2) What step in the strategic development process involves mobilizing employ-
ees and managers to put strategies into action?
A) Implementing strategy
B) Formulating strategy
C) Strategy evaluation
D) Competitive advantage
E) Strategic advantage
3) Which phase of strategic management is called the action phase?
A) Strategy implementation
B) Strategy formulation
C) Allocating resources
D) Strategy evaluation
E) Measuring performance
4) ________ is not a strategy-implementation activity.
A) Devising policies
B) Establishing annual objectives
C) Taking corrective actions
D) Motivating employees
E) Allocating resources
5) ________ and ________ are external forces transforming business and society
today.
A) Corporate culture; stakeholders
B) Stakeholders; strategy
C) E-commerce; strategy
D) E-commerce; globalization
E) Strategy; globalization
2
Final Examination
Strategic Management
6) In December 2006, online sales in the U.S. rose by
A) 150 percent.
B) 10 percent.
C) 100 percent.
D) 25 percent.
E) 50 percent.
7) The one factor that has most significantly impacted the nature and core of
buying and selling in nearly all industries has been
A) corporate greed.
B) customer and employee focus.
C) the government.
D) the Internet.
E) political borders.
8) Specific results an organization seeks to achieve in pursuing its basic mission
are
A) rules.
B) mission.
C) policies.
D) objectives.
E) strategies.
9) In which phase of strategic management are annual objectives especially
important?
A) Implementation
B) Control
C) Evaluation
D) Formulation
E) Management
10) What are guides to decision making?
A) Laws
B) Procedures
C) Goals
D) Rules
E) Policies
Final Examination
Strategic Management
3
11) The changes that occurred when ...
(New) final exam for mgt 521 all correct answers 100%
This document provides the questions and answers to a multiple choice exam on management and business topics. It covers areas like communication, marketing, leadership, ethics, entrepreneurship, accounting, economics, human resources, and strategic planning. The questions test understanding of key concepts in these areas and ability to identify examples and apply definitions. The document suggests the answers may not completely cover the actual exam being taken.
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This document provides the questions and answers to a multiple choice exam on management and business topics. It covers areas like communication, marketing, leadership, ethics, entrepreneurship, accounting, economics, human resources, and strategic planning. The questions test understanding of key concepts in these areas and ability to identify examples and apply definitions. The document suggests the answers may not completely cover the actual exam being taken. It requests good feedback if the answers were helpful for studying.
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This document provides the questions and answers to a MGT/521 Final Exam. It contains 28 multiple choice questions covering various topics related to management, including communication, credibility of sources, decision-making, leadership, ethics, entrepreneurship, accounting, economics, human resources, and business strategy. The document encourages leaving positive feedback if the provided answers are helpful and wishes the reader good luck on their exam.
-Student NumberSummative Assessment 1Management Principles.docx
-
Student Number:
Summative Assessment 1
Management Principles
(Modules 1, 2 and 3)
Assignment no. MAN61S-123-1
SECTION A
/50
SECTION B
/100
SECTION C
/50
TOTAL
/200
1
Copyright © Business Management Training College (Pty) Ltd
6
-
Student Number:
SUMMATIVE ASSESSMENT 1 (MODULES 1, 2 & 3): MANAGEMENT PRINCIPLES
SECTION A: SHORT QUESTIONS
Question 1:
Select from
column A
the correct answer to match
column B
.
Match the management functions in column A with the descriptions in column B:
A Statement: B Nr: Your Answers:
a) Organising. 1.1 Determines an organisation's vision, mission and
1.1
goals.
b) Controlling 1.2 Monitoring progress and taking corrective steps to
reach the mis sion and goals. 1.2
c) Planning. 1.3 Motivating and directing employees. 1.3
d) Leading 1.4 Grouping together activities and allocating
1.4
resources .
Total question 1 /4
Question 2:
Select from
column A
the correct answer to match
column B
.
Match the management levels in column A with the descriptions in column B:
A Statement: B Nr: Your Answers:
a)Top managers 2.1 Implementing policies, plans and strategies. 2.1
b) Middle management 2.2 Spend the greatest portion of their time on leading. 2.2
c) First line managers or
2.3 Develop longer-term goals and strategies to reach
2.3
supervisors
them.
Total question 2 /3
Question 3:
Select from
column A
the correct answer to match
column B
.
Match the managerial roles in column A with the descriptions in colum n B:
A Statement: B Nr: Your Answers:
a) Interpersonal 3.1 Acts as spok esperson for the department 3.1
b) Decision making 3.2 Acts as negotiator about goals, standards of
performance and resources. 3.2
c) Information 3.3 Act as figurehead and leader. 3.3
Total question 3 /3
2
Copyright © Business Management Training College (Pty) Ltd
-
Student Number:
Question 4:
Read each statement carefully then state
true or false
in the space provided.
Nr: Statement or question:
Your Answers
A manager is considered competent if he or she has all the relevant knowledge
4.1
that is required to do the job of a manager.
4.2
Ecological forces influenced the evolution of management theories.
4.3
Frederick Taylor conducted the Hawthorn studies in the late 1800’s.
4.4
Henri Fayol formulated 14 principles for effective management
The Hawthorne effect refers to the negative effects poor light has on workers’
4.5
performance
Six Sigma is a business improvement methodology that focuses on understanding
4.6
and managing workers’ requirements.
The individual organisation has limited control over the components of the macro
4.7
environment but can have a strong influence on some of the variables.
Environmental scanning is necessary to determine whether factors in the
4.8
environment constitute a threat to the organisation’s mission, vision and goals.
When an organisation has to decide whether to centralise or decentralise
4.9
authority, the skills of the lower-level managers have to be considered.
Tactica ...
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Mgt 521 mgt521 final exam correct 100%
This document provides answers to 29 multiple choice questions about business concepts and practices. The questions cover topics such as communication, source credibility, logical reasoning, leadership, entrepreneurship, accounting, human resources, and strategic planning. The answers are intended to assess understanding of fundamental business principles and how businesses operate.
Mgt 521 mgt521 final exam correct 100%
This document provides answers to 29 multiple choice questions about business concepts and practices. The questions cover topics such as communication, source credibility, logical reasoning, leadership, entrepreneurship, accounting, human resources, and strategic planning. The answers are intended to assess understanding of fundamental business principles and how businesses operate.
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