Week One Quiz

Ashford University
Week One Quiz
MGT330: Management for Organizations

Question One: Strategic planning involves all of the following EXCEPT:

A. Examining a company’s strengths and weaknesses
B. Determining which of an organization’s goals to pursue
C. Relying Solely on managerial input
D. Allocating resources to purse goals

Question Two: A company’s mission statement would answer which of the following questions?

A. How are we different from our competitors?
B. What do we make?
C. Why do we exist?
D. What will our company be doing in 10 years?

Question Three: All of the following are considered noncontrollable forces EXCEPT

A. Social Trends
B. Technological Changes
C. Local communities
D. Political forces

Question Four: Which of the following people do NOT represent an example of a front-line manager?

A. Sari, officer manager at Surrey Texts, a very large publisher
B. Nathaniel, director of the Best Little Gym’s accounts payable department
C. Maya, chief operating officer at Yulu, a small company that makes candles
D. Susan, a crew chief for Skyway Airline

Question Five: Which of the following statements is TRUE about an organization’s strategic vision statement?

A. It should be identical to its mission statement.
B. It expresses financial goals.
C. It understands market trends
D. If offers direction toward future development.

Question Six: All of the following are considered semicontrollable forces
A. Economic conditions
B. Customers
C. Unions
D. Shareholders

Question Seven: Depending on its goals, an organization can be classified as:

A. For profit, mature, or social good
B. Social good, for-profit, or not-for-profit
C. Not-for-profit, governmental, or for-profit
D. Exempt, for-profit, or governmental

Question Eight: ________ is/are an example of a recession-sensitive industry, while ________ is/are an example of a recession-proof industry

A. Toiletries, construction
B. Auto parts, air travel
C. Air travel, toiletries
D. Toiletries, auto parts