MC quiz

High Entry barriers/threat of the new entry is low if:

• Products are differentiated
• Products are undifferentiated
• Consumer switching costs are low
• Profitability does not require economies of scale

Answer explanation

Jupiter is a gas giant made primarily of hydrogen and helium. Unlike terrestrial planets that have solid surfaces, gas giants like Jupiter don't have a well-defined solid surface, allowing them to accumulate more mass in a gaseous form. This composition has allowed Jupiter to grow significantly larger than planets with solid surfaces.

Lenovo's objective is to increase its market share by 5%. Is this:

• a correctly formulated objective (SMART)
• an incorrect objective (not SMART)
• the growth is too small
• the objective is not measurable

A company that, in addition to the general manager, has a manager for North America, Europe, and Asia, has what type of structure:

• functional
• divisional
• mixed
• structured

Effective feedback should be focused on the person, not the problem:

• True
• False

Usually, in a company that has flattened hierarchical structure (few levels), the span of managerial control is:

• tall
• flat
• is not influenced by hierarchical structure
• there is no control area

The research and development manager of Microsoft Romania, who has under his subordination several project managers, is a:

• general manager
• first-line manager
• middle manager
• top manager

Compared to the other categories of managers, a first-line manager must possess mainly the following skills:

• communication
• abstract thinking
• technical
• conceptualization

A production manager is in a position of ... towards a general manager.

• line manager
• superiority
• staff management
• specialization

Choose an assertive response when your boss asks you to stay overtime.

• The boss is a tyrant; he shouldn't give us so much work.
• When I find out that I have to stay over the schedule again, I get impatient
• If we have to finish, I will stay this time
• I don't care, I'm going home

When a company that develops software decides to acquire another company that does the same thing, this strategic move is called:

• vertical integration
• horizontal integration
• concentric diversification
• conglomerate diversification