Week 4 Class test

Question 1

To be efficient in management means to use resources wisely and cost-effectively

Answer

true

Question 2

The pursuit of organizational goals efficiently and effectively by integrating the work of people through planning, organizing, leading and controlling the organizations resources is called:

Accepted Answer

Management

Answer

Employment

Answer

Career Planning

Answer

Competitive advantage

Answer

Strategic planning

Question 3

A group of people who work together to achieve some specific purpose is/are called:

Accepted Answer

An organization

Answer

A collaboration

Answer

A team

Answer

A community

Question 4

One advantage of e-business is that organisations and teams are no longer as bound by time zones and locations.

Answer

true

Question 5

When Barrett, a college administrator, is determining which of several degree programs his campus will offer, he is involved in the management function of controlling.

Answer

true

Question 6

When Shannon reviews reports and determines that she has four under-performing sales people with whom she will need to talk, she is performing the controlling managerial function.

Answer

true

Question 7

Tucker recently attended a dinner for the new CEO. He came away feeling very excited and anxious to do his part to help the company achieve its goals. In this instance, the CEO was performing the management function known as planning.

Answer

true

Question 8

People tend to exert less effort when working in groups than when working alone, a tendency known as social loafing

Answer

true

Question 9

A positive outcome of GroupThink is the development of more alternative ideas.

Answer

true

Question 10

Over 20 years ago, Peter Drucker predicted that the future organization would be organized around teamwork, but that has yet to occur

Answer

true

Question 11

A cross functional team is staffed with specialists pursuing a common objective.

Answer

true

Question 12

Another name for functional conflict is productive conflict

Answer

true

Question 13

When job boundaries are ambiguous, employees are less possessive and conflict is likely to be minimized.

Answer

true

Question 14

Competition is a form of Conflict

Answer

true

Question 15

A team that consists of members who interact by computer network to collaborate on projects is called a...

Accepted Answer

virtual team

Answer

remote team

Answer

e-team

Answer

self-managed team

Answer

informal team

Question 16

In time-critical situations, satisficing may be a good approach to decision making.

Answer

true

Question 17

Yichao, a manager of a CBD hair salon, has been procrastinating about a problem. Over the past year, his company has seen a high rate of customer defections and even the loss of some of its best stylists. Still, he hasn't even begun to investigate the issue. This is an indicator of relaxed avoidance.

Answer

true

Question 18

The importance of the situation, the credibility of the information about it and the urgency of it should be considered in the decision about whether to decide.

Answer

true

Question 19

When managers use information that is readily available from memory to make judgements, it is known as a confirmation bias.

Answer

true

Question 20

Being "loss adverse" and hating to admit you're wrong can contribute to the escalation of commitment bias.

Answer

true

Week 4 Class test

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