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Question;24) Which of the following statements about leadership is true?;A. leaders are managers.;B. leaders are hierarchically superior to followers.;C. managers are leaders.;D. Non sanctioned leadership is as important as or more important than;formal influence.;E. Formal rights enable managers to lead effectively.;25) Danielle wants to become a surgeon, not only because achieving this goal;will give her self-respect and autonomy, but also because she wants a job with;high status and recognition from others. Which of Maslow?s needs is Danielle;trying to fill?;A. self-actualization;B. psychological;C. esteem;D. safety;E. social;26) Which level of Maslow?s hierarchy of needs deals with satisfying one?s;hunger, thirst, and need for sex?;A. safety;B. esteem;C. social;D. psychological;E. physiological;27) Which of the following statements best defines a work group?;A. The performance of a work group is generally greater than the sum of its;inputs from individual members.;B. A work group consists of 3 or more people from across departmental or;functional lines.;C. A work group consists of 3 or more people who take on self-supervising;responsibilities.;D. A work group is a group comprised of 10 or more people;E. A work group interacts primarily to share information, rather than to;engage in work that requires joint effort.;28) Negotiation can be defined as a process in which two or more parties;exchange goods or services and attempt to agree upon _____.;A. the exchange rate for those goods and services;B. effective arbitrators for disputes;C. a model of the negotiation process for resolving differences;D. the monetary value of the exchanged items;E. acceptable bargaining strategies for obtaining the goods and services;29) The traditional view of conflict is the belief that conflict is _____.;A. harmful;B. situationally-dependent;C. necessary;D. neutral;E. natural;30) John Kotter?s view argues that management focuses on coping with;complexity, whereas leadership focuses on coping with _____.;A. conflict;B. morale;C. defeat;D. change;E. success;31) Examples of on-the-job training include all of the following except;A. job rotation;B. understudy assignments;C. simulation centers;D. formal mentoring programs;E. apprenticeship;32) Training employees how to be better listeners falls under which of the;following training categories?;A. ethical skills;B. interpersonal skills;C. problem-solving skills;D. cultural skills;E. technical skills;33) _____ can be used to increase the perception that employees are treated;fairly.;A. Selective evaluation;B. Documenting with a journal;C. Multiple raters;D. Focusing on subjective evaluations;E. Due process;34) Which of the following has proven to be a particularly good predictor;for jobs that require cognitive complexity?;A. intelligence tests;B. work sampling;C. integrity evaluations;D. aptitude tests;E. behavioral assessment;35) Which type of skill training has become increasingly important in;organizations?;A. financial;B. problem solving;C. technical;D. interpersonal;E. social;36) Investors bragged about their investing expertise during the stock market;rally between 1996 and early 2000, then blamed analysts, brokers, and the;Federal Reserve when the market imploded in 2000. These investors were most;probably guilty of what?;A. fundamental attribution error;B. the halo effect;C. self-serving bias;D. distinctiveness;E. selective perception;37) The ?realistic? personality from Holland?s typology of personality and;congruent occupations would be well suited for which of the following jobs?;A. painter;B. mechanic;C. accountant;D. lawyer;E. biologist;38) An example of change in the nature of the work force is an increase;in_____.;A. college attendance;B. capital equipment;C. mergers and consolidations;D. divorce rates;E. more cultural diversity;39) Whenever Jane is successful she takes full credit for what has happened;but whenever she is unsuccessful she attributes her failure to bad luck or;blames one of her fellow employees. She is guilty of _____.;A. fundamental attribution error;B. the halo effect;C. attribution bias;D. distinctiveness;E. self-serving bias;40) A task that is subdivided into many separate jobs is considered to have;A. a high degree of departmentalization;B. a high degree of work specialization;C. a low degree of decentralization;D. a low degree of structure;E. a high degree of matrix structuring;41) Which of the following would NOT be classified as a time-series;technique?;A. simple moving average;B. box Jenkins technique;C. exponential smoothing;D. regression model;E. trend projections;42) According to David Maister, the most complex projects requiring;innovation and creativity are called _________.;A. ?procedures? projects;B. ?gray hair? projects;C. ?brain surgery? projects;D. ?grinding? projects;43) Which of the following statements are true about time-series;forecasting?;A. Time series analysis is based on the idea that the history of occurrences;over time can be used to predict the future.;B. Time series analysis tries to understand the system underlying and;surrounding the item being forecast.;C. Under time-series methods, demand is divided into the time-based;components such as daily, weekly, etc.;D. Time series methods are useful for long-range forecasts when the demand;pattern is erratic;44) According to Goldratt and Fox, a useful performance measure to treat;inventory is ______.;A. inventory turnover;B. current ratio;C. quick ratio;D. dollar days;45) The ______ the percentage of contact time between the service system and;the customer, the ________ the degree of interaction between the two during the;production process.;A. greater, lesser;B. none of these answers;C. lesser, greater;D. greater, greater;46) __________ says to look for opportunities to invest in positive-NPV;projects in foreign markets or to develop derivatives or design arrangements;that enable firms to cope better with the risks they face in their foreign;operations.;A. The Principle of Risk-Return Trade-off;B. The Principle of Valuable Ideas;C. The Principle of Diversification;D. The Principle of Capital Market Efficiency;47) A checking account is __________.;A. a place to ?collect? money between inflows and outflows;B. an account that acts like a reservoir;C. useful because you can add money in any amount;D. all of these;48) __________ says to recognize the value of hidden options in a situation;such as the foreign exchange options in some derivative instruments.;A. The Options Principle;B. The Time Value of Money Principle;C. The Principle of Comparative Advantage;D. The Principle of Two-Sided Transactions;49) Which of the following statements is true?;A. The Principle of Incremental Benefits says to consider the possible ways;to minimize the value lost to capital market imperfections, such as asymmetric;taxes, asymmetric information, and transaction costs.;B. The Principle of Valuable Ideas suggests to look for opportunities to create;value by issuing securities that are in short supply, perhaps resulting from;changes in tax law.;C. The Time Value of Money Principle advises to include any time-value-of-money;tax benefits from capital structure choices.;D. all of these;50) Due to asymmetric information, the market fears that a firm issuing;securities will do so when the stock is _________.;A. undervalued;B. being sold by insiders;C. overvalued;D. caught up in a bear market;51) __________ says to seek out investments that offer the greatest expected;risk-adjusted real return.;A. The Principle of Incremental Benefits;B. The Principle of Valuable Ideas;C. The Signaling Principle;D. The Principle of Self-Interested Behavior;52) An all-equity-financed firm would __________.;A. not pay any income taxes because interest would exactly offset its;taxable income.;B. pay corporate income taxes if its taxable income is positive;C. pay corporate income taxes because it would have interest expense.;D. not pay corporate income taxes because it would have no interest expense.;53) ?Hard? capital rationing refers to the rationing __________.;A. imposed by external factors;B. always imposed by debt holders;C. imposed internally by the shareholders;D. always imposed by competitors;54) An investor's risky portfolio is made up of individual stocks. Which of;the following statements about this portfolio is true?;A. Each stock in the portfolio has its own beta.;B. Each stock in the portfolio will have a beta greater than one.;C. Selling any stock in this portfolio will lower the beta of the portfolio.;D. An investor cannot change the risk of this portfolio by her choice about;personal leverage (lending or borrowing).;55) Under capital rationing, given the choice among several equally;attractive investments, the best tool to use is the __________.;A. Internal Rate of Return method;B. Net Present Value method;C. Payback method;D. Profitability Index method


Paper#51672 | Written in 18-Jul-2015

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