Multiple choice - business management question

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Reference no: EM1377585

1: An important contribution of stability of performance as a leadership behavior is that it
A: minimizes peak workloads.
B: helps team members cope with difficult situations.
C: overcomes the need for close contact with group members.
D: makes the workplace more predictable.

2: Your friend is thirty years old and wants to save for retirement. The plan is to contribute $3000 each year to a tax free retirement account yielding 10 percent at the starting of each year for thirty-six years. How much will be in the retirement account at the end of year 36?
A: $894,380
B: $813,073
C: $897,380
D: $987,118
E: $978,688

3: Shortcuts in judging others include
A: stereotyping
B: halo effect
C: projection
D: all of the above

4: The Peacock Company has the following characteristics:
Sales $1,000
Total Assets $1,000
Total Debt/Total Assets 35%
Basic Earning Power (BEP) ratio 20%
Tax rate 40%
Interest rate on total debt 4.57%

What is the Peacock Company's ROE?
A: 11.04%
B: 12.31%
C: 16.99%
D: 28.31%
E: 30.77%

5: In a team-based organization, a typical role for a leader is to
A: be a facilitator for two or three teams.
B: serve as the team leader for two or three teams.
C: serve as the vice president of teams and teamwork.
D: work mostly as an individual contributor, and part-time as a leader.

6: All of the following are characteristics of qualitative research or researchers except:
A: They believe there are multiple realities.
B: The research question is predictive.
C: Their desire for structure is low.
D: Their writing skills are literary.

7: Organizational power stems from a
A: variety of sources.
B: exerting influence.
C: the unethical use of politics.
D: one source at a time.

8: The type of data and an example are correct, except for:
A: Nominal data - types of pine trees.
B: Ordinal data - Likert type scale.
C: Interval data - the height of a child
D: Ratio data - the length of an air plane flight.
E: B and C
F: All of A, B, C and D are correct

9: To be influential, leaders must
A: exercise power.
B: engage in organizational politics.
C: accomplish results without using power.
D: occupy a position of power.

10: To assure complete control of business operations, an entrepreneur must:
A: utilize licensed technology
B: provide all financing from personal resources
C: select only non-financial institutions as investors
D: restrict the business to one that is available as a franchise from a reputable, national franchiser.

11: Which of the following is an example of an MBO objective?
A: Decrease payroll costs by 6%
B: Increase quality significantly
C: Process orders quickly
D: Improve customer service

12: A group member engaged in social loafing
A: lets other people carry his or her fair share of the work.
B: is responsible for group social activities.
C: calls time out when the discussion becomes too heated.
D: slows down to meet the pace of the group.

13: An implication of expectancy theory is that workers who fail to attain certain levels of performance should
A: decrease expectancies.
B: decrease instrumentalities.
C: receive counseling about the importance of second-level outcomes.
D: receive comparable negative outcomes.

14: In Fiedler's contingency theory, the most important dimension of the situation for determining situational control is
A: position power.
B: leader-member relations.
C: personal power.
D: task structure.

15: Each of the following is a question that can help to analyze ethical questions except:
A: Is the action consistent with the organization's goals?
B: Is the action legal?
C: Does the action violate rights of other parties?
D: Does the action conform to standards of equity and justice?

16: Leaving a job out of frustration at not being allowed to perform at the level of which they are capable is chiefly a motivator for:
A: male entrepreneurs
B: female entrepreneurs
C: both female and male entrepreneurs
D: neither male nor female entrepreneurs

17: Tim's job is being changed so that he is involved in the planning and evaluation of his work. Tim has experienced:
A: job enrichment
B: job enlargement
C: job rotation
D: cross training

18: The research term "descriptive statistics" is best described as:
A: A method used to depict systematically the facts and characteristics of a given population or area of interest
B: A form of descriptive research in which the investigator looks for relationships that may explain the phenomenon that have already taken place
C: A set of procedures used to test hypotheses or estimate the parameters of a population
D: A method used to study the effects of more than one independent variable on more than one dependent variable

19: If a researcher plans to use an existing instrument in their study, they must do all of the following except:
A: Describe the validity
B: Describe the reliability
C: Obtain permission to use the instrument
D: Pre-test the instrument.

20: The two types of personal power are
A: reward and coercive.
B: expert and referent.
C: legitimate and expert.
D: legitimate and coercive.

Reference no: EM1377585

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