WAYNE Business Multiple Choice Practice Quiz Help Need help with a practice quiz. The attached file contains some multile choice questions. Question 11 pts

WAYNE Business Multiple Choice Practice Quiz Help Need help with a practice quiz. The attached file contains some multile choice questions. Question 11 pts
An organization’s _____ is the chosen environmental field of action.
domain
strategy
mission
Policy
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Question 21 pts
Melissa works in the fashion industry. Her job is to research, by analyzing social media,
the growing trends among youth. Her company designs and manufactures clothing
based on her analysis. Melissa is a part of the _____ of the task environment.
industry sector
market sector
raw material sector
international sector
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Question 31 pts
The _____ is a part of the task environment because of globalization and intense
competition.
government sector
technology sector
international sector
natural sector
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Question 41 pts
Leo Burton is the CEO of a cigarette manufacturing company. He and his employees
suffered a major loss when tobacco products were banned in his country. Leo’s
organization was affected by changes in the _____.
technological environment
government sector
international sector
economic environment
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Question 51 pts
Determining an organization’s environmental uncertainty generally means focusing on
sectors of the _____.
general environment
task environment
natural environment
technological environment
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Question 61 pts
Environmental _____ refers to heterogeneity, or the number and dissimilarity of
external elements.
dynamics
complexity
uncertainty
compatibility
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Question 71 pts
A complex environment is one in which:
an organization interacts with and is influenced by numerous diverse external elements.
an organization struggles with a compound chain of command.
an organization’s performance is negatively affected by internal conflicts.
an organization markets a broad range of products.
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Question 81 pts
Which of the following environments has the lowest level of uncertainty?
The simple, unstable environment
The complex, unstable environment
The simple, stable environment
The complex, stable environment.
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Question 91 pts
Which of the following is a characteristic of the complex, stable environment?
It has a lower uncertainty level than the simple, stable environment.
It has only a few external environments.
Only a few elements need to be considered for an organization to perform well.
External elements do not change rapidly in this environment.
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Question 101 pts
When several sectors change simultaneously, the environment becomes _____.
turbulent
complex
stable
predictable
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Question 111 pts
The traditional approach to coping with environmental uncertainty was:
to lay off employees.
to merge existing departments into one.
to establish buffer departments.
to replace human resource with technology.
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Question 121 pts
_____ gives top executives a systematic way to collect and analyze public information
about rivals and use it to make better decisions.
Trend analysis
Competitive intelligence
Due diligence
Demand forecasting
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Question 131 pts
Relatively enduring resource transactions, flows, and linkages that occur among two or
more organizations are called:
intraorganizational networks.
interorganizational relationships.
internal processes.
regulation processes.
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Question 141 pts
A system formed by the interaction of a community of organizations and their
environment is referred to as a(n):
organizational ecosystem.
interorganizational network.
collaboration network.
institutional environment.
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Question 151 pts
Which of the following theories argues that organizations try to minimize their reliance
on other organizations for the supply of important resources and try to influence the
environment to make resources available?
The Resource-retention theory
The Environmental resource theory
The Resource-dependence theory
The Economic supply theory
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Question 161 pts
In the _____, companies join together to become more competitive and to share scarce
resources.
institutional perspective
resource-dependence perspective
population-ecology perspective
collaborative-network perspective
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Question 171 pts
Getwel Corp. and Sebastian Inc. are two computer manufacturers that share with each
other the details of commonly occurring issues and customer complaints. This enables
them to work together and provide better service to their customers and also saves the
time required to diagnose the issues. Which of the following does this scenario
illustrate?
A Collaborative network
Resource dependence
Normative forces
A Trade association
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Question 181 pts
Which of the following is a characteristic of the new orientation to interorganizational
relationships?
Equity and fair dealing
Contract limiting the relationship
Minimal up-front investment
Legal resolution of conflict
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Question 191 pts
Which of the following statements is true about the population-ecology perspective?
It focuses on organizational diversity and adaptation within organizations.
It focuses on the alliance of companies to share scarce resources.
It focuses on minimizing the dependence of an organization on other organizations.
It focuses on the congruence between an organization and the expectations from its environment.
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Question 201 pts
Which of the following is an assumption of the population-ecology perspective?
Management competence is the biggest factor in the survival of organizations.
Individual organizations find it difficult to adapt to environmental changes.
Principles of evolution are not applicable to organizations because the fittest do not survive.
A community of organizations is a closed system.
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Question 211 pts
Which of the following stages of the population ecology model of organizations refers to
the preservation and institutionalization of selected organizational forms?
Retention
Variation
Exertion
Selection
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Question 221 pts
Organizations with a wide niche or domain, that is, those that offer a broad range of
products and services or that serve a broad market are:
specialists.
generalists.
mutualists.
pacifists.
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Question 231 pts
In the context of the population-ecology perspective, which of the following best
illustrates a generalist strategy?
Maffles Inc. sells books, electronic equipment, furniture, and fashion accessories.
Harpors Inc. sells fiction novels in Canada.
Tradcom Corp. sells music DVDs over the Internet.
Togyon Corp. sells toys manufactured from recycled plastic and discarded toys.
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Question 241 pts
_____ is defined as the general perspective that an organization’s actions are
desirable, proper, and appropriate within the environment’s system of norms, values,
and belief.
Variation
Legitimacy
Niche
Retention
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Question 251 pts
_____ means identifying who is best at something in an industry and then duplicating
the technique for creating excellence, perhaps even improving it in the process.
Retention
Benchmarking
Ballooning
Variation
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Question 261 pts
_____ refers to the number and variety of products and services a company offers as
well as the number and variety of regions, countries, and markets it serves.
Integrator
Cooptation
Domain
Scope
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Question 271 pts
In the _____ stage of international development, market potential is limited and is
primarily in the home country.
domestic
international
multinational
global
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Question 281 pts
In the context of international development, _____ means competitive issues in each
country are independent of other countries; a company deals with each country
individually.
domestic
multidomestic
multinational
global
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Question 291 pts
In the _____ stage of international development, a company has extensive experience
in a number of international markets and has established marketing, manufacturing, or
research and development (R&D) facilities in several foreign countries.
domestic
international
multinational
global
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Question 301 pts
Quidpro, a food and beverage company based in Germany, gets most of its sales from
outside its home country. Its employees are spread all over the world. The CEO is
Belgian, the chairman was born in Austria, and more than half of the company’s
managers are non-Germans. The company has hundreds of brands and has production
facilities or other operations in almost every country in the world. Quidpro is in the
_____ stage of international development.
multinational
international
domestic
global
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Question 311 pts
_____ refers to the quality of collaboration across organizational units.
Contingency
Standardization
Coordination
Sustainability
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Question 321 pts
The _____ means that product design, manufacturing, and marketing strategy are
standardized throughout the world, which is less costly than creating different products
for different markets.
globalization strategy
standardization strategy
export strategy
multidomestic strategy
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Question 331 pts
Which of the following is a difference between the international division and the
domestic division of a company?
The international division uses a global matrix structure, while the domestic division does not use a
global matrix structure.
The international division is organized according to geographic interests, while the domestic division
is typically organized along functional or product lines.
The international division is placed above other divisions and departments within the company, while
the domestic division has a status equal to other major departments or divisions within the company.
The international division does not have its own hierarchy to handle business, while the domestic
division has its own hierarchy to handle business.
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Question 341 pts
In a _____, for multinational corporations, the geographic distances for communication
are greater and coordination is more complex than in other structures.
global matrix structure
global geographic structure
global product structure
global dynamic structure
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Question 351 pts
The members of _____ come from different countries and meet face to face.
multidomestic teams
work teams
virtual global teams
intercultural teams
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Question 361 pts
In which of the following teams do members remain in separate locations around the
world and conduct their work electronically?
Virtual global teams
Work teams
Multidomestic teams
Intercultural teams
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Question 371 pts
Which of the following is true of functional managers in successful international firms?
They are involved in identifying and linking an organization’s expertise and resources worldwide.
They coordinate various functional activities located within the country to meet the problems,
opportunities, needs, and trends in the local market.
They enable an organization to achieve multinational flexibility and rapid response.
They help with the transfer of ideas, trends, products, and technologies that arise in one country.
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Question 381 pts
Which of the following is a difference between functional managers and country
managers?
Functional managers provide integrated solutions for a large retail customer, while country managers
provide integrated solutions for a small retail customer.
Functional managers enable an organization to achieve multinational flexibility and rapid response,
while country managers identify and link an organization’s expertise and resources worldwide.
Functional managers coordinate information and activities related to key customer accounts, while
country managers provide coordination on a regional basis that might include several countries.
Functional managers coordinate across countries, while country managers coordinate across
functions.
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Question 391 pts
_____ provide coordination on a regional basis that might include several countries.
Business integrators
Network coordinators
Functional managers
Country managers
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Question 401 pts
The transnational model operates on a principle of _____.
flexible centralization
dynamic centralization
global standardization
local responsiveness

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