Components of management is time and task management

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Reference no: EM132299305

1. In the ____________ technique, one member of the group is assigned the role of critic and expected to challenge every proposal and decision.

Satisficing

Programmed decision

Devil’s advocacy

Nominal group

2. One of the easier components of management is time and task management

TRUE

FALSE

3. New developments in methods for transforming resources into goods or services are _____ forces.

sociocultural

technological

demographic

political-legal

media

4. ___________ is the lowest risk strategy for international business.

Global sourcing

Importing

Joint venture

Licensing

5. The rational decision-making model accurately portrays the logical, orderly and systematic process by which all decisions are made.

TRUE

FALSE

6. US based Hersey Company pays the British company Cadbury Schweppes a fee to make Mounds and Almond Joys in Hershey plants in the US. This is an example of:

Licensing

Exporting

Wholly owned subsidiary

Global sourcing

7. US based Hersey Company pays the British company Cadbury Schweppes a fee to make Mounds and Almond Joys in Hershey plants in the US. This is an example of:

Licensing

Exporting

Wholly owned subsidiary

Global sourcing

8. The ________________ occurs when a group discussion causes a group to choose a more risky alternative than the group members would have been willing to accept on their own.

Nominal group technique

Rational decision-making process

Risky-shift phenomenon

Fundamental attribution error

9. Stakeholders are people or groups whose interests are affected by an organization’s activities.

TRUE

FALSE

10. Many people have firmly entrenched attitudes that labor unions are either good or bad, without realizing that in some situations, for specific problems, unions can be either good or bad. This is an example of dichotomized thinking.

TRUE

FALSE

11. Collectivism typically includes respect for personal success and a strong belief in individual rights.

TRUE

FALSE

12. In monochronic cultures time is perceived as being limited, precisely segmented, and driven by schedules.

TRUE

FALSE

Reference no: EM132299305

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