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Homework answers / question archive / Pace university – MGT 250 Question1) Rare resources are resources that are not controlled or possessed by many competing firms and are necessary to sustain a competitive advantage

Pace university – MGT 250 Question1) Rare resources are resources that are not controlled or possessed by many competing firms and are necessary to sustain a competitive advantage

Management

Pace university – MGT 250

Question1)

Rare resources are resources that are not controlled or possessed by many competing firms and are necessary to sustain a competitive advantage.

 

 
 

 

 
  • Question 2

 

   
 

Ethics training becomes more credible when top managers teach the initial ethics classes to their subordinates who in turn teach their subordinates.

     
 
 

 

 
     
  • Question 3

 

   
 

First-line managers are primarily responsible for facilitating team activities toward accomplishing a goal.

     
 
   
 
     
  • Question 4

 

   
 

The greater the corporate responsibility in conducting, encouraging, or sanctioning illegal or unethical activity, the lower the culpability score.

     
 
   
 
     
  • Question 5

 

   
 

The principle of distributive justice is designed to protect the poor, the uneducated, and the unemployed.

     
 
 

 

 
     
  • Question 6

 

   
 

The principle of government requirements states that one should never take an action that does not result in greater good for society.

     
   
 
     
  • Question 7

 

   
 

?Which of the following conditions must be met if a firm’s resources are to be used to achieve a sustainable competitive advantage?

     
 
 
 
 
     
  • Question 8

 

   
 

?Which of the following is an advantage of the systems approach to management?

     
 
 
 
 

 

 

     
  • Question 9

 

   
 

?Which of the following best defines technological discontinuity?

     
 
 
 
 

 

 

     
  • Question 10

 

   
 

?A business administrator in a school is determining how classes will be scheduled, which rooms will be allocated, and who will teach each subject in the curriculum. Which of the following management functions is illustrated in this scenario?

     
       
  • Question 11

 

   
 

?Opportunistic behavior focuses on establishing a mutually beneficial, long-term relationship between buyers and suppliers.

     
   
 
     
  • Question 12

 

   
 

?Identify the most specific type of standing plans.

     

 

 

     
  • Question 13

 

   
 

Management is defined as solving organizational problems.

     
 
 

 

     
  • Question 14

 

   
 

?Which of the following statements is  of analyzers?

     
   
 
 
 

 

 

     
  • Question 15

 

   
 

Middle managers are the only managers who do not supervise other managers.

     
   
 
     
  • Question 16

 

   
 

?Technological substitution occurs when:

     
 
 
 
 

 

 

     
  • Question 17

 

   
 

Efficiency is accomplishing tasks that help fulfill organizational objectives.

     
 
 

 

     
  • Question 18

 

   
 

?Which of the following statements is  of planning?

     
 

 

 

 

 

 

 

 

     
  • Question 19

 

   
 

?Which of the following is a decision-making method in which an individual or a subgroup is assigned the role of critic?

     
 
 
 

 

 

     
  • Question 20

 

   
 

?Nearly all technology cycles follow a typical S-curve pattern of innovation. 

     
 

 

     
  • Question 21

 

   
 

?A primary source of organizational culture is _____.

     
 
 
 
 
     
  • Question 22

 

   
 

?In the context of organizational development, the purpose of small-group interventions is to:

     
 

 

 

 

 

 

 

 

 

 

     
  • Question 23
   
 

?Bob’s Assembly is a hardware manufacturer. It specializes in builders’ hardware for doors, cabinets, windows, and bathrooms. Bob’s Assembly products are cheaper and 95% more durable than its competitors’ products. This scenario is an example of _____ as Bob’s Assembly performs better than its competitors.

     
 

 

 

     
  • Question 24

 

   
 

?Which of the following statements is  about bureaucracy?

     
 
 
 
 

 

 

     
  • Question 25

 

   
 

?Which of the following best defines a SWOT analysis?

     
 

 

 

 

 

     
  • Question 26

 

   
 

?When Ruth was hired by Graham Services Inc. to head its customer service operations, she was told that her role involved supervising the work of her employees and ensuring that they did their jobs well. Ruth’s job is related to:

     
 
 
 

 

?

 

 

     
  • Question 27

 

   
 

?Which of the following statements is  of resistance to change?

     
   
 
 
 

 

 

     
  • Question 28

 

   
 

?According to Henri Fayol's fourteen principles of management, order can be achieved in an organization by _____.

     
 
 
 
 
     
  • Question 29

 

   
 

?A competitive advantage becomes a sustainable competitive advantage when:

     
 

 

 

 

 

 

 

 

     
  • Question 30

 

   
 

?Red Spark Inc., a multinational electronics manufacturer, recently came under close scrutiny after it was involved in a major money laundering scam. The scam had adversely affected the careers of more than two hundred employees of Red Spark despite the fact that they were not involved in the scam. This scenario illustrates that the scam had a:

     
 
 
 

 

 

     
  • Question 31

 

   
 

?Which of the following is a component of the general environment of an organization?

     
   
 
     
  • Question 32

 

   
 

?A _____ is a type of operational plan that saves managers time because once the plan is created, it can be used repeatedly to handle frequently recurring events.

     
   
 

 

 

 

     
  • Question 33

 

   
 

The management function of leading involves determining organizational goals and a means for achieving them.

     
   
 

 

     
  • Question 34

 

   
 

?The employees at Titanium Inc. have the freedom to plan their own schedules and are empowered to make decisions. They also believe in sharing common goals. The managers have high levels of trust in their employees and foster team work. These beliefs and attitudes constitute Titanium’s _____.

     
   
 
 
 
     
  • Question 35

 

   
 

According to portfolio strategy, the more businesses in which a corporation competes, the larger its overall chances of failing.

     
   
 

 

     
  • Question 36

 

   
 

?Management by objectives is a management technique often used to develop and carry out _____.

     
 
 
 
 
     
  • Question 37

 

   
 

?Which of the following best defines strategic dissonance?

     
   
 
 
 

 

 

     
  • Question 38

 

   
 

?_____ is a process wherein each decision criterion is compared directly with every other criterion.

     
 

 

 

 

 

 

     
  • Question 39

 

   
 

?Which of the following is a component of the specific environment of an organization?

     
 
 
 
 
     
  • Question 40

 

   
 

?Which of the following is  of the S-curve pattern of innovation of a product?

     
 
 
 
 

 

 

     
  • Question 41

 

   
 

?The Delphi technique is a decision-making method in which group members cast votes to select solutions.

     
   
 

 

     
  • Question 42

 

   
 

?Which of the following best defines results-driven change?

     
 
 
 
 

 

 

     
  • Question 43

 

   
 

?The Hawthorne Studies showed how _____ can influence work.

     
 
     
  • Question 44

 

   
 

?A team leader is responsible for:

     
 

 

 

 

 

 

 

 

     
  • Question 45

 

   
 

?A Gantt chart indicates informal communication paths.

     
   
 

 

     
  • Question 46

 

   
 

?Which of the following statements is  of planning?

     
   
 

 

 

     
  • Question 47

 

   
 

Conceptual skills are the specialized procedures, techniques, and knowledge required to get the job done.

     
   
 

 

     
  • Question 48

 

   
 

?Organizational heroes are organizational people admired for their qualities and achievements within an organization.

     
 

 

     
  • Question 49

 

   
 

?The nominal group technique improves group decision making by decreasing a-type conflict.

     
 

 

     
  • Question 50

 

   
 

Organizational culture is key to fostering ethical decision making.

     
 

 

     

 

 

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