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Exam 2: The Management Environment

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Question 31

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According to the omnipotent view of management, American managers would not be blamed if their company experienced sluggish sales in an economic downturn.

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Question 32

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Which kind of company has the lowest amount of environmental uncertainty in the environmental uncertainty matrix?

A) cell 1
B) cell 2
C) cell 3
D) cell 4

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Question 33

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Due to the large size of the economy, organizations in the United States are insulated from global economic failures.

In a short essay, identify all of the stakeholders in a typical apparel company such as the Gap and rank them in terms of importance.

The overall trend toward globalization is part of the political component of an organization's external environment.

What do most high performing companies have in common when it comes to stakeholder relationships?

In a short essay, describe a real or fictional company that exists in cell 1 of the environmental uncertainty matrix.

Experts predict that these two countries will be larger than the developed countries of the world by year 2050.

A good manager considers the interests of all stakeholders equally when making an important decision.

What did the effect of a volcanic eruption in Iceland have on the production of Nissans in a plant in Japan illustrate?

After the recent economic crisis, conditions in the United States have improved much better and faster than in the rest of the world.

The CEO of a major corporation experiences emotional problems and makes an appointment to see a psychiatrist.Which of the following has the LEAST legitimate right to be informed about the situation?

Theodore and Janice have formed TJ Soft, an entrepreneurial venture to develop games and other kinds of software for consumers.Theodore has just gotten wind that engineers have developed a new computer system that works like the devices shown in the Steven Spielberg movie Minority Report in which users can control a sophisticated computer using their hands in midair.Janice sees this development as highly important to new games for TJ Soft.Which component of the external environment will affect TJ Soft the most in this situation?

Which kind of company would be less likely to fire its CEO after a poor performance?

A major cause of the shutdown of a BMW assembly plant in South Carolina was a bank crisis in Iceland.

Which managerial organizing decision is most affected by organizational culture?

Environmental complexity refers to the number of components that an organization must deal with.

Recent data shows that employment in the United States is up, especially in high wage jobs.

Which of the following is an internal stakeholder for the newspaper, The Daily Recorder?

Which components of the external environment of the BMW plant in Spartanburg, South Carolina were disrupted by the volcanic eruption in Eyjafjallajökull, Iceland?