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Contemporary Management Study Set 1
Quiz 1: Managers and Managing
Path 4
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Question 81
Multiple Choice
To increase effectiveness, middle managers
Question 82
Multiple Choice
A manufacturing company recently developed a new vision and radical new strategies to reduce the number of products sold in order to reduce costs.The company utilized ________ by developing the new vision and strategies.
Question 83
Multiple Choice
Which of the following is a consequence of empowerment?
Question 84
Essay
What are the four building blocks of competitive advantage? Explain how these building blocks help organizations increase their competitive advantage.
Question 85
Essay
BuzzFeed reorganizes its staff teams every three months to keep the video approach fresh.How does BuzzFeed justify this action?
Question 86
Essay
Effective managers are those who choose the right organizational goals to pursue and have the skills to utilize resources efficiently.What decision did McDonald's management make in 2015 that increased overall sales, and why was that decision successful?
Question 87
Multiple Choice
_____ skills are job-specific skills required to perform a particular type of work or occupation at a high level.
Question 88
Essay
Bill was just hired as a top manager for a small corporation.The company's profits have declined over the last few years, and Bill's challenge is to make productive use of the workforce.Describe the three steps in the planning process and explain how the planning process can affect Bill's ability to succeed.
Question 89
Essay
The argument is that the managers and employees who have lost their jobs because of outsourcing will find employment in new and growing U.S.companies where their skills and experience will be better utilized.How would you defend this statement?