Intro to management (course code: 44453) – quiz 3

Intro to Management (Course Code: 44453)
Quiz 3

1.
 
A customer who purchases raw materials or wholesale products before selling them to final customers is known as a(n) _____ consumer.
 
intermediate
 
primary
 
mass
 
actual
 
standard
2.
 
 
Which of the following is an attractive environment for firms?
 
Many competitors
 
Few entry barriers
 
High threat of entry

Low customer bargaining power
 
Many substitutes
3.
 
 
Which of the following factors makes an environment unattractive for firms?
 
Many customers
 
Many suppliers

High threat of entry
 
Many barriers to entry
 
High industry growth
4.
 
 
_____ is independent action to improve relations with competitors.
 
Internal competition
 
Competence exploitation
 
Competitive intelligence
 
Competitive pacification
 
Competitive aggression
5.
 
 
_____ are agreements between the organization and another group to exchange goods, services, information, and patents.
 
Buffers
 
Switching costs
 
Contracts
 
Cooptations
 
Coalitions
6.
 
 
Which of the following is an independent strategy of an organization to change its current environment?
 
Competitive aggression
 
Mergers
 
Cooptation
 
Contracts
 
Coalition
7.
 
Which of the following is a way of influencing the environment?
 
Buffering
 
Smoothing
  
Independent action
 
Domain selection
 
Strategic maneuvering
8.
 
 
Which of the following organizational cultures are strongly characterized by entrepreneurship, creativity, adaptability, and dynamism?
 
Adhocracy
 
Dominant culture
 
Rational culture
 
Hierarchical culture
 
Group culture
9.
 
 
Which of the following organizational cultures are strongly characterized by order, rules and regulations, uniformity, and efficiency?
 
Dominant culture
 
Hierarchical culture
 
Rational culture
 
Group culture
 
Adhocracy
10.
 
 
Which of the following leadership styles is associated with a group culture?
 
Risk taker
 
Coordinator, organizer
 
Production and achievement-oriented

Mentor, facilitator, parent figure
 
Innovator, entrepreneur

 

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