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Mkt1 Final Exam

Decent Essays

. (TCO 1) Which of the following is an example of an organization? 2. (TCO 2) The process of actively monitoring the environment through activities such as reading and observation is called 3. (TCO 3) The Sarbanes-Oxley Act requires the _____ to vouch for the truthfulness and fairness of the firm’s financial disclosures 4. (TCO 4) Which of the following economies is NOT considered a mature market economy? 5. (TCO 5) Starbucks’ middle managers who are responsible for joint venture agreements with bookstores, hotels, and airports work from a(n) _____ plan 6. (TCO 6) The overall purpose of a business plan is to 7. (TCO 7) _____ is defined as systematically moving employees from one job to another 8. (TCO 8) OSHA safety standards are …show more content…

With which dimension of the general environment was the founder of the company most concerned? (Points : 2) Task Political-legal Suppliers Technological Economic 3. (TCO 2) AirTran Airlines (formerly ValuJet) has an airplane fleet that is older than those owned by other airlines. This is a potential ____ because it can give the company an image of poor quality or unsafe planes. (Points : 2) organizational weakness strategic limitation entropy organizational threat organizational opportunity 4. (TCO3) A firm is taking a(n) ____ stance when it actively looks for ways to benefit society as well as meeting its obligations and responding to requests. (Points : 2) reactive obstructionist proactive accommodative defensive 5. (TCO4) Domestic managers who become international managers face several environmental challenges. Which of the following is NOT one of the additional environmental challenges that international managers face? (Points : 2) Technological Political Economic Cultural Legal 6. (TCO4) Princeton High School requires all written information sent to parents to be in English and Spanish. This is ____ that organizations can use to demonstrate understanding of the different needs of stakeholders. (Points : 2) an organizational policy diversity training selective recruitment a supportive organization culture an

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