Reference no: EM132213144
1. Which of the following markets would MOST LIKELY locate inside the FSA boundaries of WalMart?
A) Trade unions in many developing countries boycott foreign imports, because they try to protect local suppliers.
B) Consumers in many Asian countries rarely shop in foreign-branded supermarkets. If they do, they prefer high-quality, even pricy stuff. Very often, they just want to feel better by using foreign-made products as if they symbolize their socioeconomic status.
C) Our country over the years has developed a growing pool of talents working in logistics, IT, and data analytics to enable modern supply chain management.
D) Consumers are very sophisticated, as they try to go to specialized stores for different categories of shopping.
2. Which of the following is LEAST sensitive to consumer elasticity to price?
A) Diversity and wide range of shopping choices
B) Hiring non-unionized employees
C) Economy of scale to bargain for a large-volume of standardized products
D) Every day low price policy
3. According to the internal systems model developed by Likert, _____ reflect the internal state and health of the organization.
a. causal variables b. end-result variables c. intervening variables d. structural variables
4. When a manager acts as a resource allocator, he or she is involved in:
a. negotiating with a difficult customer.
b. resolving employee conflicts.
c. preparing a budget for the department.
d. representing the department at weekly meetings.
5. Which of the following is true of the current trends in diversity of the workforce?
a. The number of white males in the U.S. workforce is increasing as compared to the people from other races.
b. Men and women are entering the workforce at the same rate, but the men who have been in the workforce for long are retiring at a faster rate.
c. The glass ceiling refers to the invisible barrier that limits workers, both men and women, belonging to ethnic and racial minority groups from advancing in an organization.
d. The employment rates of racial and minority groups are decreasing in the U.S.