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MGT 521 Final Exam 2 (Questions and Answers)

1. An organization’s return on investment is calculated by dividing:
2. Which of the following statements is true of a corporate-level strategy?
3. A low-cost strategy requires organizations to:
4. Which of the following did Frederick W. Taylor believe to be an outcome of recording the method of performing a particular task in an organization?
5. The of an organization is responsible for building an efficient top management
6. Adopting a involves distributing monetary resources among divisions to increase financial returns or to spread risks among different businesses.
7. Identify a true statement about an effective control system?
8. Which of the following is an advantage of group decision making?
9. is a measure of how productively resources are utilized to meet a goal
10. is the process by which managers establish the structure of working relationships among employees to allow them to achieve a company’s goals efficiently and effectively.
11. signify what an organization and its members are trying to accomplish.
12. According to Henry Fayol, the planning process in an organization is effective when:
13. According to Lewin’s force-field theory of change, which of the following factors results in a change in an organization?
14. Which of the following is a feature of a high-performing organization?
15. First-line managers in an organization are responsible for:
16. Unlike leaders, managers are those who mgt 521 final exam
17. Which of the following statements is true of transformational leaders?
18. Which of the following is an advantage of implementing a functional structure in an organization?
19. A specifies the national markets and industries an organization plans to compete in and why it intends to do so.
20. One way of pursuing a differentiation strategy is by:
21. differentiation strategy is ideal for organizations that:
22. A person’s upbringing is an important source of mgt 521 final exam
23. Which of the following statements is true of an evolutionary change in an organization?
24. is the formal system of task and job reporting relationships that determines how employees utilize resources to achieve a company’s goals.
25. Which of the following models of leadership focused on identifying the characteristics of a person capable of being an effective leader?
26. is the process by which managers regulate and monitor how efficiently and effectively an organization as a whole works to achieve organizational goals.
27. Which of the following principles identified by Henri Fayol focuses on the chain of command with an organization?
28. How does an increase in job specialization lead to higher organizational performance?
29. A differentiation strategy can be employed by organizations to:
30. Which of the following scenarios illustrates the attraction-selection-attrition framework?