Mg 495 Midterm

MG-495 MIDTERM EXAMINATION MG - 495 Business Policy Mid-Term Examination - (Chapters 1 - 5 are covered) There are 25 three-fold choice chiefs (each worth 3 points) and 5 short dissolver/essay questions (each worth 9 points) for a total of great hundred possible points. All of the questions for this exam can be answered by simply using the text. Multiple Choice Questions Each question worth 3 points 1.Research suggests that strategic management evolves with four sequential phases in corporations. The first phase is _____. a. orthogonally oriented planning b.basic financial planning c.internally oriented planning d. envision based planning e.strategic management 2.One of the benefits of globalization is _____. a.economies of scale b.higher takings costs c.increased union negotiations d.increased taxes e.additional human beings resource training 3.The monitoring, evaluating, and disseminating of information from the external and internal environments to happen upon people within the corporation is referred to as _____. a.environmental scanning b.external scanning c.internal scanning d.environmental opportunity scanning e.intermediate scanning 4.To _____ is an pillow slip of a corporate strategy. a.diversify a product track to appeal to more people b.

increase gross sales by 10% over last year c.pay highest salaries to keep high look employees d.develop and sell quality appliances worldwide e.divide a sales region into a group of sales districts 5.The strategic ratiocination making process is an eight-step approach to decision-making and is most useful when direct in the _____. a.adaptive mode b.entrepreneurial mode c.planning mode d.incremental mode e.a la mode 6.By law, a board of directors has a fiduciary responsibility to the firms stockholders, and is charged to act with _____, and if a director or the board as a social unit fails so act and the corporation is in some government agency harmed as a result of this failure, the... If you want to get a full essay, order it on our website: Ordercustompaper.com

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