Reference no: EM132161095
1. Motivation is the combination of forces that move individuals to take certain actions and avoid other actions
True
False
2. McClelland’s 3 needs theory says that people have needs for 1) power, 2) solitude and, 3) achievement
True
False
3. Managers who are most successful in a conventional organizational structure tend to have a high need for power and a relatively low need for affiliation
True
False
4. One of the risks for the goal-setting theory of motivation (like MBO) is a decrease in the motivation to do well for the sake of the work itself
True
False
5. Job enrichment refers to paying an employee high case bonuses for jobs well done
True
False
6. Gamification is the application of scorekeeping, competition, and other game playing mechanics to existing business activities
True
False
7. Micromanaging can improve employee initiative
True
False
8. Labor unions are organizations that represent employees in negotiations with management
True
False
9. In collective bargaining, union and management teams negotiate the human resource policies that will apply to all employees covered by the CBA
True
False
10. Marketing plays an important role in society by helping people satisfy their needs and wants and by helping organizations determine what to produce
True
False
11. Social commerce is the creation and sharing of product related information among customers and potential customers via social network technologies
True
False
12. Market penetration means creating new products for new markets
True
False
13. Positioning refers to the 4 key elements of marketing strategy: product, price, place, distribution & customer communication
True
False
14. A company’s core message is the single most important idea a marketer hopes to convey to the target audience about its products
True
False
15. In most cases when preparing a promotional communication, you can’t use a person’s name, photo, or other identity without permission
True
False
16. Advertising media refers to the combination of print, broadcast, online and other media used for an advertising campaign
True
False
17. The New York Stock Exchange (NYSE) is the only organization that facilitates the buying and selling of stock
True
False
18. A Credit default swap is a notable – and potentially risky – form of credit derivative
True
False
19. Money is anything generally accepted as a means of paying for goods and services
True
False
20. Strict liability means that a company may be held liable for injury caused by a defective product, even if they used all reasonable care in its manufacture
True
False