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Business Management

by | Nov 30, 2023 | questions

1. (TCO 1) The _____ approach of going green is a good example of the firm’s social responsibility in addition to demonstrating the highest degree of environmental sensitivity. (Points : 5) A. legal approach B. market approach C. stakeholder approach D. activist approach

Question 2.2. (TCO 2) One example of a firm studying it’s ______________ is an annual assessment of its labor supply. (Points : 5) A. organizational culture B. internal environment C. external environment D. organizational mission

Question 3.3. (TCO 3) The_____ approach of going green is a good example of the firm’s social responsibility in addition to demonstrating the highest degree of environmental sensitivity. (Points : 5) A. legal approach B. market approach C. stakeholder approach D. activist approach

Question 4.4. (TCO 4) With whom is the United States involved in a mature market system? (Points : 5) A. The African Union B. The Latin American Integration Association C. The Caribbean Common Market D. Canada and Mexico E. Pacific Asia

Question 5.5. (TCO 5) You have decided to become a small business owner. On your business plan, you state that you will be offering high-quality products with the best customer service. What does this statement in your business plan represent? (Points : 5) A. A strategic goal B. An operational plan C. A mission statement D. A strategic plan E. A tactical plan

Question 6.6. (TCO 6) Which is the most popular source of funds for a small business? (Points : 5) A. Bank loans B. Personal financial resources C. Money from venture capitalists D. Issuing stock in the business E. Forming strategic alliances

Question 7. 7. (TCO 1) Identify four skills that a manager needs in order to perform the job efficiently and effectively. Provide brief comments on each. (Points : 10)

Question 8. 8. (TCO 2) Identify and comment on two stakeholders in the internal environment of an organization. (Points : 10)

Question 9. 9. (TCO 3) What are the arguments for and against being socially responsible? Which one of the arguments for being socially responsible appeals to you most? Why? (Points : 10)

Question 10. 10. (TCO 4) Briefly describe the four basic levels of international business activity. (Points : 10)

Question 11. 11. (TCO 7) Briefly explain the situational influences on organizational design. (Points : 10)

Question 12. 12. (TCO 4) Identify and explain three barriers to global trade. (Points : 15)

Question 13. 13. (TCO 5) Identify a company and write a brief SWOT analysis for that company. (Points : 15)

Question 14. 14. (TCO 6) Briefly describe industries in which small businesses seem to be most effective and why this seems to be the case. In what area are small businesses least successful in comparison to large businesses? (Points : 15)

Question 15. 15. (TCO 7) The business world today is increasingly complex and variable in virtually every country and industry. Thus, organizations must become more organic. How do you define an organic organization and a mechanistic organization? What are some of the outcomes that companies will experience as they become more organic and less mechanistic? Be sure to include both positive and negative outcomes. (Points : 15

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