Online Access Free Principles-of-Management Exam Questions

What is a characteristic of a person with an entrepreneurial personality? Choose 1 answer

• A.Opportunity tolerance
• B.Motivation to excel
• C.Employeeempowerment
• D.Laissez-faire

At a university, older tenured faculty cannot be terminated regardless of their competence. This has caused conflict with younger, nontenured faculty. What is the source of conflict between older and younger faculty members? Choose 1 answer

• A.Differing ideals
• B.Structure
• C.Communication
• D.Personal variables

What is the purpose of a value chain analysis? Choose 1 answer

• A.To allow the company to use a systematic approach in developing a competitive advantage
• B.To allow the company to implement an intranet and develop automated processes
• C.To determine company stockholder satisfaction
• D.To help the company determine its commitment to ethics and social responsibility

In which situation does religious preference inappropriately affect decision making? Choose 1 answer

• A.A manager refuses to participate in an event that conflicts with the manager's personal religious beliefs.
• B.An individual follows religious dietary restrictions while at work regardless of the religious beliefs of others.
• C.A company allows two days off per year for religious celebrations to all employees regardless of religious affiliation.
• D.A real estate agent uses her religious background as a basis for accepting bids on property that is for sale.

What is the first step of the control process? Choose 1 answer

• A.Setting performance standards
• B.Measuring performance
• C.Comparing performance against standards
• D.Taking corrective action