BBA 3602 Management MCQ'S

profileMartin
 (Not rated)
 (Not rated)
Chat

Question 1

  1.  
    In the Five Forces Model, when the barriers to enter into the industry are __________, the more likely it is that industry profits will be __________.
    Answer
      
    low; high
      
    low; low
      
    high; low
      
    high; high

4 points  

Question 2

  1.  
    GE Financial Services is an example of which level of management operations for General Electric Company?
    Answer
      
    Functional
      
    Corporate
      
    Divisional
      
    Departmental
      
    Unit

4 points  

Question 3

  1.  
    When managers cannot assign probabilities of future occurrence to possible alternatives to a decision, this is known as __________.
    Answer
      
    certainty
      
    risk
      
    bounded rationality
      
    uncertainty
      
    dialectical inquiry

4 points  

Question 4

  1.  
    When an organization enters a new type of industry that is not similar in any way to the current businesses of the organization, this is known as a(n) ____________ strategy.
    Answer
      
    concentration on a single business
      
    unrelated diversification
      
    international expansion
      
    related diversification
      
    vertical integration

4 points  

Question 5

  1.  
    When a manager makes a decision based on a generalization from a very small sample of information, this is known as:
    Answer
      
    dialectical inquiry.
      
    systematic errors.
      
    devil's advocacy.
      
    representative bias.
      
    the illusion of control.

4 points  

Question 6

  1.  
    According to the administrative model of decision making, if managers cannot possibly specify all of the possible alternatives to a decision, this is the result of:
    Answer
      
    incomplete information.
      
    bounded rationality.
      
    an optimum decision.
      
    brainstorming.

4 points  

Question 7

  1.  
    The explosion of the space shuttle Challenger is an example of poor managerial decision-making wherein managers neglected the criterion of __________.
    Answer
      
    ethicalness
      
    practicality
      
    legality
      
    economic feasibility
      
    devil's advocacy

4 points  

Question 8

  1.  
    In the classical model of decision-making, the most appropriate decision given the likely future consequences to the organization is known as the ______________ decision.
    Answer
      
    intuitive
      
    creative
      
    heuristic
      
    obvious
      
    optimum

4 points  

Question 9

  1.  
    When the information available to a manager is incomplete because the manager must make a decision quickly, this is known as:
    Answer
      
    bounded rationality.
      
    devil's advocacy.
      
    dialectical inquiry.
      
    a time constraint.
      
    an information cost.

4 points  

Question 10

  1.  
    In the Five Forces Model, the type of competitive activity that exists between organizations is known as the:
    Answer
      
    potential for entry into the industry.
      
    threat of substitute products.
      
    power of customers.
      
    level of rivalry.
      
    power of suppliers.

4 points  

    • 9 years ago
    BBA 3602 Management MCQ'S
    NOT RATED

    Purchase the answer to view it

    blurred-text
    • attachment
      bba_3602_management_mcqs.docx