Reference no: EM132215954
1. Cargo loss has been estimated by BSI at $24B for 2016. One reason permitted and legal under International law to justify cargo loss is shipment jettison. Which of the selections below best describes the need to jettison cargo? Product Tampering Port Congestion Safety of the Ship and Crew labor Disruption
Product Tampering
Port Congestion
Safety of the Ship and Crew
labor Disruption
2. Which of the following is an integral part of the managerial process of crafting and executing strategy?
developing a proven business model
deciding how much of the company's resources to employ in the pursuit of sustainable competitive advantage
Strategic Management and using them as yardsticks for measuring the company's performance and progress
communicating the company's values and code of conduct to all employees
deciding on the company's strategic intent
3. “People are not by nature passive or resistant to organization needs. They have become so as a result of experience in organizations.” This statement is a dimension of which management theory?
A. Douglas McGregor's Theory X
B. Maslow's Hierarchy of Needs
C. Robert Greenleaf and Servant Leadership
D. McGregor's Theory Y
4. Development of hedging strategies is considered which of the strategies below Risk Identfication Risk Assessment Risk Reduction Risk Avoidance
Risk Identfication
Risk Assessment
Risk Reduction
Risk Avoidance
5. Why should long-run objectives take precedence over short-run objectives?
The focus is placed on improving performance in the near term.
Long-run objectives are necessary for achieving long-term performance and stand as a barrier to undue focus on short-term results.
Long-run objectives will satisfy shareholder expectations for progress.
Long-run objectives will force the company to deliver performance improvement in the current period.
Long-run objectives will keep the company in line with its balanced scorecard.
Facilitates proactive behavior on part of subordinates
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Process to reduce time to market
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Should the government be allowed to determine
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Calculate the total productivity
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Managerial process of crafting and executing strategy
: Which of the following is an integral part of the managerial process of crafting and executing strategy?
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Do they employ a dedicated risk manager
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The state patrol ticket processing system
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Research and identify appropriate tools for the clients
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Interruptions in the supply of goods and services
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