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
