Question 1

The five-by-eight-inch card with one rule on it, "Use good judgment in all situations," that employees at Nordstrom receive as the employee handbook tells the employees a great deal about their company's

Accepted Answer

A)   Organizational location.
B)   Business environment.
C)   Organization culture.
D)   Environmental scanning.
E)   Macroenvironment.F) B) and E)
G) C) and D)

Question 2

Candace recently stepped into a managerial role at her very bureaucratic organization. The industry had been changing dramatically, and Candace suggested that the management team encourage employees to develop more confidence by sharing power with them in order to create a more flexible, adaptable organization. Here Candace is suggesting the use of __________ with employees.

Accepted Answer

A)   smoothing
B)   benchmarking
C)   empowerment
D)   kanban
E)   bufferingF) A) and B)
G) A) and C)

Question 3

A more diverse workforce presents managers with challenges as well as opportunities.

Accepted Answer

A) True 
 B)False

Question 4

Firms that develop strategies that do not include technological advances will realize obsolescence and extinction.

Accepted Answer

A) True 
 B)False

Question 5

The set of important assumptions about the organization and its goals and practices that members of the company share is called

Accepted Answer

A)   Organization culture.
B)   Organization norms.
C)   Industrial environment.
D)   A closed system.
E)   An open system.F) A) and C)
G) B) and D)

Question 6

The development of new products that may replace sales of existing products is referred to as the threat of

Accepted Answer

A)   New entrants.
B)   Substitutes.
C)   Enhanced supply.
D)   Technology.
E)   Complements.F) A) and B)
G) All of the above

Question 7

The growth of contingent workers in the U.S. labor force due to unpredictable labor demand is an illustration of

Accepted Answer

A)   Adapting at the core.
B)   Flexible processes.
C)   Buffering.
D)   Smoothing.
E)   Empowerment.F) A) and D)
G) C) and E)

Question 8

Which of the following can be a useful clue about an organization's culture?

Accepted Answer

A)   The way people interact with each other and with customers.
B)   Information printed in the media from sources outside the company.
C)   The macroenvironment.
D)   Environmental scanning.
E)   The industrial environment.F) B) and E)
G) C) and D)

Question 9

Organizations are open systems that affect and are affected by their external environments.

Accepted Answer

A) True 
 B)False

Question 10

The external environment includes all relevant forces outside the organization's boundaries.

Accepted Answer

A) True 
 B)False

Question 11

Differentiate between unattractive and attractive competitive environments, using Porter's model of the competitive environment, and give an example for each situation.

Accepted Answer

Unattractive competitive environments ar...

Question 12

A firm's current competition, suppliers, customers, and the threat of new entrants or of substitutes are all elements in the

Accepted Answer

A)   Task environment.
B)   Peters model for organizational excellence.
C)   Microenvironment.
D)   Porter model for competitive analysis.
E)   Industrial microenvironment.F) B) and D)
G) D) and E)

Question 13

Walmart recently engaged Amazon.com in an online price war in an attempt to become the largest Internet retailer in the world. This is an example of __________ on the part of Walmart.

Accepted Answer

A)   cooptation
B)   voluntary action
C)   competitive pacification
D)   competitive aggression
E)   environmental scanningF) A) and B)
G) None of the above

Question 14

The spreadsheet that Margarita uses gives her a chance to examine different projections, which is a form of

Accepted Answer

A)   Forecasting.
B)   Competitive intelligence.
C)   Environmental scanning.
D)   Benchmarking.
E)   Scenario development.F) None of the above
G) B) and D)

Question 15

__________ trends regarding how people think and behave have major implications for management of the labor force, corporate social actions, and strategic decisions about products and markets.

Accepted Answer

A)   Psychological
B)   Political
C)   Economic
D)   Technological
E)   SocietalF) C) and D)
G) A) and B)

Question 16

Creating supplies of excess resources in case of unpredictable needs is called

Accepted Answer

A)   Just-in-time inventory management.
B)   Smoothing.
C)   Flexible processes.
D)   Kanban.
E)   Buffering.F) A) and D)
G) All of the above

Question 17

Which of the following statements about workforce demographics is true?

Accepted Answer

A)   Training of entry-level workers is not needed in today's modern workplace.
B)   Workforce demographics have little to do with human resource strategies.
C)   Older, experienced workers are likely to be relatively scarce over the next five years.
D)   Population growth influences the size and composition of the labor force.
E)   Technical tasks can be sent overseas to be accomplished, but companies usually then have to pay more for labor.F) D) and E)
G) C) and E)

Question 18

Powerful suppliers can increase a buying organization's profits, especially when the organization must hold prices steady for its customers.

Accepted Answer

A) True 
 B)False

Question 19

Domain selection, diversification, mergers/acquisitions, and divestiture are all examples of

Accepted Answer

A)   Illegal boundary management.
B)   Maneuvering the competition.
C)   Strategic maneuvering.
D)   Independent strategies.
E)   Portfolio maneuvering.F) C) and D)
G) B) and C)

Question 20

Liz, a new manager at Stamford Soft, has been asked to focus on the competitive environment of the organization. Which of these factors is among those on which Liz should focus?

Accepted Answer

A)   Government legislation.
B)   Culture.
C)   Demographics.
D)   Buyers.
E)   Technology.F) A) and E)
G) A) and B)

Exam 2: The External and Internal Environments

Firms that develop strategies that do not include technological advances will realize obsolescence and extinction.

Correct Answer
verified

__________ trends regarding how people think and behave have major implications for management of the labor force, corporate social actions, and strategic decisions about products and markets.

Correct Answer
verified

The growth of contingent workers in the U.S. labor force due to unpredictable labor demand is an illustration of

Correct Answer
verified

Which of the following can be a useful clue about an organization's culture?

Correct Answer
verified

A firm's current competition, suppliers, customers, and the threat of new entrants or of substitutes are all elements in the

Correct Answer
verified

The external environment includes all relevant forces outside the organization's boundaries.

Correct Answer
verified

Correct Answer
verified

Walmart recently engaged Amazon.com in an online price war in an attempt to become the largest Internet retailer in the world. This is an example of __________ on the part of Walmart.

Correct Answer
verified

Powerful suppliers can increase a buying organization's profits, especially when the organization must hold prices steady for its customers.

Correct Answer
verified

Liz, a new manager at Stamford Soft, has been asked to focus on the competitive environment of the organization. Which of these factors is among those on which Liz should focus?

Correct Answer
verified

The set of important assumptions about the organization and its goals and practices that members of the company share is called

Correct Answer
verified

The development of new products that may replace sales of existing products is referred to as the threat of

Correct Answer
verified

The five-by-eight-inch card with one rule on it, "Use good judgment in all situations," that employees at Nordstrom receive as the employee handbook tells the employees a great deal about their company's

Correct Answer
verified

A more diverse workforce presents managers with challenges as well as opportunities.

Correct Answer
verified

Which of the following statements about workforce demographics is true?

Correct Answer
verified

Differentiate between unattractive and attractive competitive environments, using Porter's model of the competitive environment, and give an example for each situation.

Correct Answer
Answered by ExamLex AI
Unattractive competitive environments ar...
View Answer

The spreadsheet that Margarita uses gives her a chance to examine different projections, which is a form of

Correct Answer
verified

Organizations are open systems that affect and are affected by their external environments.

Correct Answer
verified

Creating supplies of excess resources in case of unpredictable needs is called

Correct Answer
verified

Domain selection, diversification, mergers/acquisitions, and divestiture are all examples of

Correct Answer
verified

Exam 2: The External and Internal Environments

Firms that develop strategies that do not include technological advances will realize obsolescence and extinction.

Correct AnswerverifiedShow Answer

__________ trends regarding how people think and behave have major implications for management of the labor force, corporate social actions, and strategic decisions about products and markets.

Correct AnswerverifiedShow Answer

The growth of contingent workers in the U.S. labor force due to unpredictable labor demand is an illustration of

Correct AnswerverifiedShow Answer

Which of the following can be a useful clue about an organization's culture?

Correct AnswerverifiedShow Answer

A firm's current competition, suppliers, customers, and the threat of new entrants or of substitutes are all elements in the

Correct AnswerverifiedShow Answer

The external environment includes all relevant forces outside the organization's boundaries.

Correct AnswerverifiedShow Answer

Correct AnswerverifiedShow Answer

Walmart recently engaged Amazon.com in an online price war in an attempt to become the largest Internet retailer in the world. This is an example of __________ on the part of Walmart.

Correct AnswerverifiedShow Answer

Powerful suppliers can increase a buying organization's profits, especially when the organization must hold prices steady for its customers.

Correct AnswerverifiedShow Answer

Liz, a new manager at Stamford Soft, has been asked to focus on the competitive environment of the organization. Which of these factors is among those on which Liz should focus?

Correct AnswerverifiedShow Answer

The set of important assumptions about the organization and its goals and practices that members of the company share is called

Correct AnswerverifiedShow Answer

The development of new products that may replace sales of existing products is referred to as the threat of

Correct AnswerverifiedShow Answer

The five-by-eight-inch card with one rule on it, "Use good judgment in all situations," that employees at Nordstrom receive as the employee handbook tells the employees a great deal about their company's

Correct AnswerverifiedShow Answer

A more diverse workforce presents managers with challenges as well as opportunities.

Correct AnswerverifiedShow Answer

Which of the following statements about workforce demographics is true?

Correct AnswerverifiedShow Answer

Differentiate between unattractive and attractive competitive environments, using Porter's model of the competitive environment, and give an example for each situation.

Correct AnswerAnswered by ExamLex AIUnattractive competitive environments ar...View AnswerShow Answer

The spreadsheet that Margarita uses gives her a chance to examine different projections, which is a form of

Correct AnswerverifiedShow Answer

Organizations are open systems that affect and are affected by their external environments.

Correct AnswerverifiedShow Answer

Creating supplies of excess resources in case of unpredictable needs is called

Correct AnswerverifiedShow Answer

Domain selection, diversification, mergers/acquisitions, and divestiture are all examples of

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
Answered by ExamLex AI
Unattractive competitive environments ar...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified