Question 1

2 / 2 pts
Coke's latest offering of the Coke kasalo at 750 ml. is considered

market penetration

Correct!

product development

market development

acquisition strategy

Question 2
2 / 2 pts
Firms that engage in restructuring no longer enjoy economies of scale, so they need to
find ways of becoming leaner and meaner.
Correct!
TRUE

Correct Answers
TRUE

Question 3
2 / 2 pts
This strategy would require the firm to step beyond its existing industry and entering a
new value chain.

Concentration strategy

Correct!

Diversification strategy
Strategies for getting smaller

Vertical Integration strategy

Question 4
2 / 2 pts
Market penetration involves gaining additional shares of a firm's existing market by
using new products.
Correct!
NEW-EXIST

Correct Answers
MARKET PENETRATION-PRODUCT DEVELOPMENT

NEW-EXISTING

Question 5
2 / 2 pts
All of the following are concerned about growth except

horizontal integration

market development

forward vertical integration

Correct!

retrenchment

Question 6
2 / 2 pts
Which of the following is not a vertical integration strategy?

backward

Correct!

horizontal

forward

none of the above

Question 7
2 / 2 pts
Horizontal integration occurs when a firm enters a supplier's business.
Correct!
HORIZONTA

Correct Answers
HORIZONTAL-BACKWARD

Question 8
2 / 2 pts
Which of the following is a candidate for divestment?

Stars

Question marks

Correct!

Dogs
Cash Cows

Question 9
2 / 2 pts
Which of the following does not belong to the group?

spin off

divest

Correct!

lay off

liquidation

Question 10
0 / 2 pts
The BCG matrix is a portfolio planning tool which could help manage new businesses of
the firm.
You Answered
TRUE

Correct Answers
NEW-EXISTING

Question 1
2 / 2 pts
When individuals are concerned about the direct consequence of their actions and are
worried about the punishment and getting caught.

Stage 4

Stage 3
Stage 2

Correct!

Stage 1

Question 2
2 / 2 pts
Training for a boxing bout is no joke, this is the reason why coaches are very strict in
implementing rules and regulations which are meant for

none of these

clan control

Correct!

behavioral control

output control

Question 3
2 / 2 pts
This legal form of business considers the firm and its owner as one and the same.
Correct!

sole proprietorship

partnership

corporation
none of these

Question 4
2 / 2 pts
All are responsibilities of a supervisor towards his subordinates except?

evaluates performance

delegates authority

Correct!

accountable for results

motivates for productivity

Question 5
2 / 2 pts
How tasks are assigned and grouped together with formal reporting relationships is
division of labor.
Correct!
DIVISION OF

Correct Answers
DIVISION OF LABOR-ORGANIZATIONAL STRUCTURE

Question 6
2 / 2 pts
Most cultural fads are harmless as compared to business fads where embracing it could
lead executives to make bad decisions.
Correct!
TRUE
Correct Answers
TRUE

Question 7
2 / 2 pts
Shareholders may prefer a board outsider over a board insider because they provide a
fresh, nonbiased perspective concerning the firm's actions.
Correct!
TRUE

Correct Answers
TRUE

Question 8
2 / 2 pts
All are part of the employee relations dimension of corporate social performance except

union relations

retirement benefits

Correct!

recycling

profit sharing

Question 9
2 / 2 pts
All pertain to Generation Y except

millenials

Correct!
greatest generation

embrace technology

trophy kids

Question 10
2 / 2 pts
The preconventional level or principled level occurs when morality is more than simply
following social rules or norms.
Correct!
PRECONVE

Correct Answers
PRE-POST

PRECONVENTIONAL-POSTCONVENTIONAL

Question 11
2 / 2 pts
Which of the following runs contrary to the role of the board of directors
Correct!

CEO duality

advise on strategic issues

approval of budget

corporate governance
Question 12
2 / 2 pts
All pertain to clan control except
Correct!

results

values

norms

traditions

Question 13
2 / 2 pts
Which of the following is not an accounting scandal?

Lehman Brothers

Enron

Correct!

BDO hacking

WorldCom

Question 14
2 / 2 pts
Usually used by start ups where one person performs all the tasks the organization
needs to accomplish.
Correct!

Simple structure

Functional structure

Matrix structure

Multidivisional structure

Question 15
2 / 2 pts
Majority of the workforce are baby boomers who view face time as an important
contribution to a successful work environment.
Correct!
TRUE

Correct Answers
TRUE

Question 16
2 / 2 pts
Unity of direction is a management principle which states that an employee should be
assigned to only one boss.
Correct!
DIRECTION-

Correct Answers
DIRECTION-COMMAND

Question 17
2 / 2 pts
All are advantages of a multidivisional structure except
Correct!
increased costs

self sufficiency

specialization

decentralization

Question 18
2 / 2 pts
The following are community strengths on corporate social performance except

relation with indigenous people

support housing

Correct!

plant closures

volunteerism

Question 19
2 / 2 pts
Supervisors and subordinates illustrates the horizontal linkage which could be seen in
the organizational chart.
Correct!
HORIZONTA

Correct Answers
HORIZONTAL-VERTICAL
Question 20
2 / 2 pts
Hindsight bias occurs when good outcomes are attributed to personal characteristics
but undesirable outcomes are attributed to external circumstances.
Correct!
HINDSIGHT

Correct Answers
HINDSIGHT-FUNDAMENTAL ATTRIBUTION ERROR

HINDSIGHT BIAS-FUNDAMENTAL ATTRIBUTION ERROR