Reference no: EM132226539
1. Which of the following questions is addressed by the organizational perspective of management?
a. How will performance be measured?
b. How should a business compete?
c. How do managers use power and influence?
d. What strategy will allow a firm to adapt as the context evolves?
2. Which of the following is the ultimate goal of Total Quality Management?
a. Producing sustainable revenue
b. Improving employee performance
c. Fulfilling customer needs
d. Setting strategic priorities
3. T/F Recent directions in supply management include the idea of minimizing the supplier base and focusing efforts from key suppliers.
4. T/F Using the purchasing-supplier satisfaction model, if the impressions of buyer and supplier lie on the line from coordinates (0, 0) to (10, 10), then both sides are satisfied with the relationship.
5. As firms expand and grow in complexity, they are likely to reorganize into a functional structure.
a. True
b. False
6. The idea that a firm is a collection of resources is often referred to as the resource-based view of the firm.
a. True
b. False