Final Study Guide
1. (TCO 1) In the National Football League, the promotional ads are a(n) _____ resource. (Points : 5) financial
2. (TCO 2) The Ford Motor Company sold an auto parts company because profitability was low. The main environmental dimension considered was (Points : 5) economic.
3. (TCO 3) Many counties and municipalities across the United States have passed laws requiring no smoking in bars and restaurants. Owners who pressure bartenders and waiters to sell to people who are smoking in order to keep profits high are taking a(n)_____ stance toward social responsibility. (Points : 5)
obstructionist
4. (TCO 4) Which of the following is usually the first type of international business in which a company gets involved? (Points : 5)
Importing/exporting strategy
5. (TCO 5) If Delta Airlines decides to buy a regional carrier, this would be an example of a(n) _____ plan. (Points : 5)
strategic
6. (TCO 6) Due to cost and other factors, for which of the following industries are you LEAST likely to find a small business owner? (Points : 5)
Manufacturing
7. (TCO 1) Identify four skills that a manager needs in order to perform the job efficiently and effectively. Provide brief comments on each. (Points : 10)
8. (TCO 2) Identify and comment on two stakeholders in the internal environment of an organization. (Points : 10)
9. (TCO 3) Briefly explain the four different approaches to social responsibility that an organization can adopt. (Points : 10)
10. (TCO 4) Briefly describe the four basic levels of international business activity.
(Points : 10)
11. (TCO 7) Briefly describe the behavioral model of organizational design. (Points : 10)
12. (TCO 4) Describe three environmental challenges of international management. (Points : 15)
13. (TCO 5) Briefly describe each of Porter’s
2. (TCO 2) The Ford Motor Company sold an auto parts company because profitability was low. The main environmental dimension considered was (Points : 5) economic.
3. (TCO 3) Many counties and municipalities across the United States have passed laws requiring no smoking in bars and restaurants. Owners who pressure bartenders and waiters to sell to people who are smoking in order to keep profits high are taking a(n)_____ stance toward social responsibility. (Points : 5)
obstructionist
4. (TCO 4) Which of the following is usually the first type of international business in which a company gets involved? (Points : 5)
Importing/exporting strategy
5. (TCO 5) If Delta Airlines decides to buy a regional carrier, this would be an example of a(n) _____ plan. (Points : 5)
strategic
6. (TCO 6) Due to cost and other factors, for which of the following industries are you LEAST likely to find a small business owner? (Points : 5)
Manufacturing
7. (TCO 1) Identify four skills that a manager needs in order to perform the job efficiently and effectively. Provide brief comments on each. (Points : 10)
8. (TCO 2) Identify and comment on two stakeholders in the internal environment of an organization. (Points : 10)
9. (TCO 3) Briefly explain the four different approaches to social responsibility that an organization can adopt. (Points : 10)
10. (TCO 4) Briefly describe the four basic levels of international business activity.
(Points : 10)
11. (TCO 7) Briefly describe the behavioral model of organizational design. (Points : 10)
12. (TCO 4) Describe three environmental challenges of international management. (Points : 15)
13. (TCO 5) Briefly describe each of Porter’s