1 Points 2 5 A company that typifies a Defender response to environmental uncertainty would be 1 2 3 4 Amazon Teva Pharmaceuticals Kodak Harley Davidson Question like this but with different choices 2 Points 2 5 Which statement best describes a star in the the Boston Consulting Group Matrix 1 2 3 4 A A A A star star star star always throws off cash may require cash to grow market share has limited market share will turn into a question mark 3 Points 2 5 Regulating the work of those for whom a manager is responsible defines 1 2 3 4 Staffing Controlling Planning Directing 4 Points 2 5 Which of the following is not a resource that managers must assemble and use 1 2 3 4 Financial Informational Global Human 5 Points 2 5 ING Bank fires about 3600 of its 2 million customers every year Which concept does this strate 1 2 3 4 The busyness trap The 80 20 principle ABC priority system Management by objectives 6 Points 2 5 Which management ability in the following skill sets is especially important early in a career 1 2 3 4 Conceptual Technical Interpersonal All skills are equally important 7 Points 2 5 NAFTA is an acronym for 1 2 3 4 North North North North American Free Trade Agreement American Free Trade Association Atlantic Free Trade Agreement American Friendly Trade Agreement 8 Points 2 5 Which of the following management decisional roles involves making accommodations with other units or organizations 1 2 3 4 Negotiator Disturbance Handler Entrepreneurial Resource Allocator 9 Points 2 5 We used a Competitive Profile Matrix CPM to analyze the motorcycle industry in class Which firm did we conclude was the strongest in the industry 1 2 3 4 Suzuki Honda Yamaha Harley Davidson 1 0 Points 2 5 What is MBO an acronym for 1 2 3 4 Management Before Outcomes Management By Objectives Managing Best Opportunities Managers Buy Out 1 1 Points 2 5 What is the China Price 1 2 3 4 The The The The percentage cost of the average bribe to do business in China price at which Chinese suppliers sell to US businesses price at which US suppliers sell to Chinese businesses value of the Chinese yuan vis vis the US dollar 1 2 Points 2 5 The industrial organization I O model is a perspective that 1 2 3 4 focuses focuses focuses focuses on on on on the the the the intellectual capital of an organization physical assets of an organization external environment of an organization internal strengths of an organization 1 3 Points 2 5 A risk return tradeoff implies 1 2 3 4 Higher expected returns are accompanied by higher volatility of potential returns Safer investments are preferred Grandma should rebalance her portfolio Riskier investments are preferred 1 4 Points 2 5 What was the strategy described for reducing risk in home ownership on the video The new rule 1 2 3 4 Buy a home rather than rent Invest in housing futures because you can always sell your investment Rent a home rather than buy Bargain diligently so that you pay the lowest price possible 1 5 Points 2 5 Describe the best synonym for an objective 1 2 3 4 Strategy Ideal Mission Goal 1 6 Points 2 5 In a PERT network the most time consuming route is called the 1 2 3 4 Weighted time estimate for completion Milestone Critical path Pessimistic time 1 7 Points 2 5 The four principle managerial functions most applicable to modern management include the follo 1 2 3 4 Planning Directing Controlling Staffing 1 Points 2 5 8 Which statement best describes Starbucks mission statement 1 2 3 4 To maximize shareholder value To be a force for positive action bringing together our partners customers and the commun To inspire and nurture the human spirit one person one cup and one neighborhood at a time The promise of a perfectly made beverage but our work goes far beyond that It s really about 1 9 Points 2 5 Who said We are not competing against Sony or Microsoft We are battling the indifference of people who have no interest in video games 1 2 3 4 Apple CEO Steve Jobs Electronic Arts CEO John Riccitiello Nintendo CEO Satoru Iwata Sega CEO Simon Jeffery 2 0 Points 2 5 Stuck in the middle from a strategy perspective best refers to 1 2 3 4 a a a a firm firm firm firm that is caught between corporate level and business level strategy not fully committed to one of the three generic strategies not fully committed to one of the BCG Matrix strategies that is caught between two unethical strategy choices 2 1 Points 2 5 A company that typifies an Analyzer response to environmental uncertainty would be 1 2 3 4 Kodak Teva Pharmaceuticals Harley Davidson Amazon 2 2 Points 2 5 Which strategy does Toyota typically follow in its industry 1 2 3 4 Cost leadership Core competency Differentiation Focus 2 3 Points 2 5 What is PERT an acronym for 1 2 3 4 Program Estimation and Review Technique Program Evaluation and Review Technique Political Evaluation and Review Technique Program Evaluation and Review Technology 2 4 Points 2 5 In Porter s Five Forces Model which of the following is NOT considered a barrier to new entrants i 1 2 3 4 Economies of scale in volume and capital required Proprietary technology Established distribution channels Homogeneous products 2 5 Points 2 5 Which firm was 1 in the Fortune Magazine 2009 ranking of US firms by profitability 1 Exxon Mobil 2 Chevron 3 General Electric 4 Microsoft Know if the answereds changed 2 6 Points 2 5 Which of the managerial interpersonal roles is associated with flag waving 1 2 3 4 Cheerleader Leader Liaison Figurehead 2 7 Points 2 5 Given the following production costs Profit objective for the year 10 000 00 Fixed cost 10 000 00 Price per unit 5 00 Variable cost per unit 3 00 What is the break even point in units 1 2 3 4 50 000 10 000 5 000 Cannot be determined from the information given 8 Points 2 5 When returns across different asset classes were examined from 1926 2008 which asset class recorded the most years with a positive return 1 2 3 4 Long term corporate bonds Large cap stocks US Treasury Bills Small cap stocks Find out answer 2 9 Points 2 5 Which strategy does Ferrari typically follow in its industry 1 2 3 4 Core competency Cost leadership Differentiation Focus 3 0 Points 2 5 Given the following production costs Fixed cost 10 000 00 Price per unit 5 00 Variable cos point in dollars 1 2 3 4 5000 00 Cannot be determined from the information given 25 000 00 2 00 3 1 Points 2 5 Which strategy does UGA typically follow in its industry 1 2 3 4 Cost leadership Differentiation Core competency Focus 3 2 Points 2 5 In which category does