Reference no: EM132221922

1. Victoria quits her job managing an independently owned restaurant to take a new job managing a chain of restaurants. She discovers that, because her new employer buys so much food and so many other supplies, the cost per item is much less. These cost advantages are the result of

economies of scale.

power distance.

brand loyalty.

boundary spanning.

2. Sienna, the CEO of Far Plain, Ltd., reviews the past month's profit and loss statement to determine if the company is on pace to meet the planned sales and profitability goals. Sienna is engaged in which of the following managerial functions?

leading

organizing

planning

controlling

3. unko, a sales manager, is about to emigrate to a country where people tend to emphasize "living for the moment." A more formal name for this cultural emphasis is

long-term orientation.

short-term orientation.

high power avoidance.

low power avoidance.

4. Fyodor, a manager of the research and development team of an organization, challenges his subordinates to "think outside the box" to improve the way the unit does its work. Fyodor is focusing on ________.

mental models.

shared vision.

personal mastery.

team learning.

5. Which of the following defines emotion?

superficial, relatively long-lived feelings

a feeling or state of mind

a condition

intense, relatively short-lived feelings

clear, sound reasoning