Reference no: EM132267294
1. A business organization is regarded as having organizational ambidexterity when it
a. hires both people who work effectively with their right and left hands.
b. make money some years, and loses money other years.
c. hires both right-brain and left-brain managers and professionals.
d. takes care of the present and prepares for innovation in the future.
2. Which process of organizational learning takes place at the organizational level?
a. institutionalization
b. integrating
c. interpreting
d. intuiting
3. Organizational change that comes about because of a value shift means that
a. employees must now adjust to lower earnings per share.
b. the organization changes the values that employees are supposed to embrace.
c. the company becomes openly less moral.
d. the implication of values is now quantified.
4. “Bending the frame” is a term used to describe
a. process consultation.
b. team building.
c. an authoritarian organization culture.
d. large-scale organization change.
5. According to a large study, the ability to cope successfully with change was most closely related to
a. thrill seeking and emotional intelligence.
b. intellectual ability and youth.
c. tolerance for ambiguity and positive affectivity.
d. pessimism and lengthy experience.
6. Which of the following statement indicates a positive monetary balance of trade?
A. A nation Imports more then it exports in a fiscal year
B. A nation Imports a surplus of cheap raw materials and exports a limited number of expensive finished goods
C. A nation exports more than it Imports in a fiscal year
D. A nation outsources inexpensive, labor intensive and keeps high paying activities, high technology jobs at home
7. Bob, Gill, Jill, and Alexandra are General partners of a company of which Calvin is a limited liability partner. Bob invested $100000, Gill, Jill, and Calvin each invested $250,000, while Alexandra invested nothing. Before going bankrupt the company borrow $5 million from the bank.
Which of the following Amounts is the most Calvin can lose as a result of the partnership going bankrupt?
A. $5 million
B. $1 million
C. $250,000
D. 0
8. The reason for introducing a matrix management system is that it will
A. Require a more centralized system of control
B. Used functional liability charts they can easily be understood
C. Allow management to increase the use of Delegation
D. Allow Senior Management to develop a clearly defined set of responsibilities