PT 1 q20-29

The controlling management function is largely a matter of ________.

• monitoring activities to see that tasks are accomplished

• resolving conflicts

• determining what needs to be done

• enforcing rules for employees

One advantage of group decision making is that it usually provides ________ than individual decision making.

• more ethical decisions

• less confusion

• more information

• faster decisions

A foreign company wants to be able to copy and manufacture TJ Soft programs and sell them in its stores. What would be an appropriate approach for them to use?

• licensing

• franchising

• renting

• appropriating

When a U.S. ship yard purchases raw materials from locations around the world, for example steel from China, this is called ________.

• licensing

• global sourcing

• a joint venture

• a global alliance

Shana's company 'went global' several years ago. Which one of the following was likely to have been the first step it took in going global?

• licensing

• outsourcing

• exporting

• importing

Which one of the following is NOT a key characteristic of a global organization?

• has a home country in which all decisions are made and into which all profits flow

• exchanges goods and services with consumers in other countries

• employs high-level technical employees and managerial talent from other countries

• uses resources from other countries

An advantage of group decisions is that they increase the perception of the legitimacy of the solution.

• True

• False

In the socioeconomic view of organizational social responsibility, management's responsibility includes protecting and improving society.

• True

• False

The four contemporary management processes are planning, organizing, leading, and commanding.

• True

• False

Which component of the external environment will affect TJ Soft the most in this situation?

• the demographic component

• the technological component

• the political/legal component

• the economic component