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Bus 560 Exam 1

In: Business and Management

Submitted By azraellyf
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BUS 560 Exam (Chapters 1-5)
Study Guide Questions
These exam study questions will enable you to see whether you possess the level of knowledge necessary to pass a specific exam prior to actually taking it. Although these sample exam questions do not indicate the full range of difficulty you would find in the actual exam, they will help you assess your knowledge level. They also help you get familiar with the type of questions that may appear during the actual exam, they are built in the same environment as the actual exams. 1. Organizations expand into new products, new markets, and even new industries. In this process, the organization's original purpose may become irrelevant. In these circumstances the organization can be best described as a A. drifting organization. B. functional organization. C. horizontal organization. D. cooperative organization.

2. The core things that an organization does well are known as its A. distinctive values. B. distinctive competencies. C. distinctive ideals. D. distinctive technologies.

3. Which of the following statements about a mission statement is true? A. Even though no one denies the importance of the mission statement, it is the least used of all of the management tools. B. An effective mission statement takes an internal organizational focus. C. It should be focused on the physical product or service that the organization is offering at present. D. It should be focused on the broad class of needs that the organization is seeking to satisfy.

4. When an organization has formulated its mission and developed its objectives, the next managerial task is to develop A. job descriptions. B. organizational strategies. C. mission and vision statements. D. cross-functional teams.

5. Huggies first started out in the disposable diaper industry. It then developed ‘Pull-Ups', disposable training pants for kids

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