MGMT1P93 – Progress Examination‚ part B: November 2‚ 2013 Goodman School of Business Brock University Instructor: Dr. H.F. (Herb) MacKenzie 1. Define and explain four of the following five concepts (2-1/2 marks each): a. expectancy theory b. contingency planning c. degree of centralization/decentralization d. contingent worker e. entrepreneurial characteristics 2. Departmentalization means breaking workers into logical groups. A number of different options make sense‚ depending on
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Identify and explain the rules for ethical decision making. Based upon local and global factors‚ why should managers behave ethically? There are four ethical decision making rules. The ethical decision making rules are utilitarian‚ moral rights‚ justice‚ and practical rules. These rules are helpful guiding principles that assist managers when deciding on the appropriate way to behave in situations where it is necessary to balance a company’s self- interest and the interests of its stakeholders
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AMN442 Final Exam The final exam consist of 6 questions: PART A: 4 questions x 8’ ------200 words per question (20-30 lines) Allocate about 15 minutes for each of these. PART B: 2 questions x 14’------500 words per question Allocate about 30 minutes for each of these. Constructing an answer: showing you know the theory relating to the question‚ as outlined in the text and lecture notes‚ linking this to other relevant concepts in the overall discipline of marketing and even beyond showing
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142. Fiscal policy is defined as a. changes in government expenditure to influence the economy. b. changes in tax rates to influence the economy. c. changes in the money supply to influence the economy. * d. both a and b but not c. 143. Expansionary fiscal policy financed by government borrowing can lead to a. higher interest rates and lower private investment under the crowding-out view. b. an increase in aggregate demand under the Keynesian view. c. no change in aggregate demand under
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Question 1 List and briefly explain the external or macro-environmental forces indicating how each element can affect the ability of the organisation to compete in the market. External Environment (Chapter 3) Question 2 Differentiate between the core product‚ the actual product‚ and the augmented product as these concepts apply in the motorcar industry. Product (Chapter 8) Question 3 Draw a product life cycle diagram showing the sales and the profit changes that occur over a typical
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PLEASE do not share with too many people‚ I took this down for my group and am allowing only a FEW others to see this. QUESTIONS Lecture 4 1. The major actors in the organization’s microenvironment are: 1. the company‚ state government‚ competitors and customers‚ 2. the company‚ competitors ‚ customers and intermediaries (correct) 3. the company‚ competitors‚ state government‚ customers‚ and media 4. the company‚ competitors‚ customers and media. 1. Demography
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Question 1 1. The four components of the promotional mix are: personal selling‚ advertising‚ publicity and the web True False 5 points Question 2 1. A major advantage to two sided messages is the inoculation effect it has for the receivers to competitive messages True False 5 points Question 3 1. A major advantage to two sided messages is the inoculation effect it has for the receivers to competitive messages True False 5 points Question 4 1. When considering the
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answers the question. ____ 1. An interactive‚ flexible information system that enables managers to obtain and manipulate information as they are making decisions is called a: a. single-source system b. marketing information system c. primary data system d. marketing decision support system e. database marketing system ____ 2. The function of _____ is to address "what if" questions. It entails planning‚ collecting‚ and analyzing data relevant to marketing decision making
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active change planned change unanticipated change 3. Well-planned and executed marketing research should produce __________. (Points: 3) new marketing strategies action plans for management to implement a set of alternative decisions for management pertinent information 4. A written statement that describes the marketing problem‚ the purpose of the study‚ and the research methodology to be used is known as a __________. (Points:
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segmenting markets. Give examples of how these benefits may be realize. The market develops from mass marketing and product-variety marketing to target marketing. In mass marketing‚ the seller mass produces‚ mass distributes and mass promotes one product to all buyers. At one time‚ Sony product only one type of television for the whole market‚ thus create hard selling. Product-variety marketing‚ the seller produces two or more products that have different features‚ styles‚ quality‚ sizes and so on
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