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An __________ is any characteristic or capability that puts the organization at a competitive disadvantage.

An __________ is any characteristic or capability that puts the organization at a competitive disadvantage.

An __________ is any characteristic or capability that puts the organization at a competitive
disadvantage.

A. external threat

B. internal threat

C. environmental weakness

D.
organizational weakness

2. The firms __________ describe(s) where the
organization is headed.

A.
vision

B. values or guiding principles

C. strategy

3. The firms __________ define(s) the firms
reason for existence.

A.
mission

B. values or guiding principles

C. strategy

4. In order to survive in a globally competitive
environment, organizations must adopt a __________ strategy that gives them a
sustainable competitive advantage.

A. narrow

B. specialized

C. broad

D. specific

5. The __________ consists of the specific tactics,
projects, and activities for achieving broad strategic objectives.

A.
action plan

B. strategic plan

C. SWOT analysis

D. business model

6. A __________ is something an organization
does so well it can be viewed as a competitive advantage.

A. quality standard

B. vision

C.
differentiation strategy

D. core competency

7. The concepts of trust, integrity, and
__________ are part of the value system of total quality.

A. morality

B.
responsibility

C. vision

D. legality

8. Before beginning the planning process, an
organization should:

A. establish a corporate vision.

B. conduct a SWOT analysis.

C. identify the organizations mission.

D. establish a strategy planning team

9. From a __________ perspective, resources are
wasted unless they contribute to success in the marketplace, and the more
direct the contribution, the better.

A. global economic

B. customer service

C.
strategic managers

D. world-class manufacturing

10. __________ is a balanced approach for
organizations to address economic, social, and environmental issues in a way
that aims to benefit people, communities, and society.

A. Best-ratio ethics

B.
Corporate social responsibility

C. Full-potential ethics

D. The balanced scorecard

11. When handling an ethical dilemma, managers
should select the option that will most likely:

A. pass the various ethics tests.

B. build strength in the organization.

C. set
the best example for employees.

D. None of the above

12. Managers can play a role in promoting
ethical behavior on the job by:

A. maintaining sound financial standards.

B.
implementing total quality.

C. ensuring customer satisfaction.

D. developing written ethics guidelines.

13. When providing ethics training, it is
important to:

A. facilitate, dont preach.

B. stimulate discussion.

C. highlight practical applications.

D. All
of the above are important

14. An organizations responsibilities for
ensuring ethical behavior include:

A. paying whistleblowers to speak up.

B.
creating and ethical environment.

C. establishing in-house courts and juries.

D. refusing to talk to the media

15. Change that is __________ on employees will
be resisted, but change that is __________ by employees who are involved in and
prepared for it will be accepted and promoted.

A. Engendered; inflicted

B. Embraced; engendered

C. Engendered; embraced

D.
Inflicted; engendered

16. Values that lead to ethical behavior include
fairness, honesty, truthfulness, and:

A. contribution.

B. self-development.

C.
dependability.

D. quality performance.

17. Which of the following statements best
describe the acronym SWOT?

A. Specific, Witness, Opportunities, and Time.

B. Single, Weaknesses, Occasion, and Tactics.

C.
Strengths, Weaknesses, Opportunities, and Threats

D. Strategies, Weaknesses, Objectives, and
Tactics

18 .__________ refers to the values that are
subscribed to and fostered by society in general and by individuals within
society.

A. Ethics

B. Maslows Hierarchy of Needs

C.
Morality

D. Social responsibility

19. The firms __________ define(s) attitudes
and policies for all employees.

A. mission

B. vision

C.
values or guiding principles

D. strategy

20. Which of the following statements is true
concerning strategies used to execute a strategic plan?

A.
Organizations should communicate at all times.

B. Consult with only managers.

C. Adjust to administrative barriers.

D. Be flexible but do not improvise.

An __________ is
any characteristic or capability that puts the organization at a competitive
disadvantage.

A. external threat

B. internal threat

C. environmental weakness

D.
organizational weakness

2. The firms __________ describe(s) where the
organization is headed.

A.
vision

B. values or guiding principles

C. strategy

3. The firms __________ define(s) the firms
reason for existence.

A.
mission

B. values or guiding principles

C. strategy

4. In order to survive in a globally competitive
environment, organizations must adopt a __________ strategy that gives them a
sustainable competitive advantage.

A. narrow

B. specialized

C. broad

D. specific

5. The __________ consists of the specific tactics,
projects, and activities for achieving broad strategic objectives.

A.
action plan

B. strategic plan

C. SWOT analysis

D. business model

6. A __________ is something an organization
does so well it can be viewed as a competitive advantage.

A. quality standard

B. vision

C.
differentiation strategy

D. core competency

7. The concepts of trust, integrity, and
__________ are part of the value system of total quality.

A. morality

B.
responsibility

C. vision

D. legality

8. Before beginning the planning process, an
organization should:

A. establish a corporate vision.

B. conduct a SWOT analysis.

C. identify the organizations mission.

D. establish a strategy planning team

9. From a __________ perspective, resources are
wasted unless they contribute to success in the marketplace, and the more
direct the contribution, the better.

A. global economic

B. customer service

C.
strategic managers

D. world-class manufacturing

10. __________ is a balanced approach for
organizations to address economic, social, and environmental issues in a way
that aims to benefit people, communities, and society.

A. Best-ratio ethics

B.
Corporate social responsibility

C. Full-potential ethics

D. The balanced scorecard

11. When handling an ethical dilemma, managers
should select the option that will most likely:

A. pass the various ethics tests.

B. build strength in the organization.

C. set
the best example for employees.

D. None of the above

12. Managers can play a role in promoting
ethical behavior on the job by:

A. maintaining sound financial standards.

B.
implementing total quality.

C. ensuring customer satisfaction.

D. developing written ethics guidelines.

13. When providing ethics training, it is
important to:

A. facilitate, dont preach.

B. stimulate discussion.

C. highlight practical applications.

D. All
of the above are important

14. An organizations responsibilities for
ensuring ethical behavior include:

A. paying whistleblowers to speak up.

B.
creating and ethical environment.

C. establishing in-house courts and juries.

D. refusing to talk to the media

15. Change that is __________ on employees will
be resisted, but change that is __________ by employees who are involved in and
prepared for it will be accepted and promoted.

A. Engendered; inflicted

B. Embraced; engendered

C. Engendered; embraced

D.
Inflicted; engendered

16. Values that lead to ethical behavior include
fairness, honesty, truthfulness, and:

A. contribution.

B. self-development.

C.
dependability.

D. quality performance.

17. Which of the following statements best
describe the acronym SWOT?

A. Specific, Witness, Opportunities, and Time.

B. Single, Weaknesses, Occasion, and Tactics.

C.
Strengths, Weaknesses, Opportunities, and Threats

D. Strategies, Weaknesses, Objectives, and
Tactics

18 .__________ refers to the values that are
subscribed to and fostered by society in general and by individuals within
society.

A. Ethics

B. Maslows Hierarchy of Needs

C.
Morality

D. Social responsibility

19. The firms __________ define(s) attitudes
and policies for all employees.

A. mission

B. vision

C.
values or guiding principles

D. strategy

20. Which of the following statements is true
concerning strategies used to execute a strategic plan?

A.
Organizations should communicate at all times.

B. Consult with only managers.

C. Adjust to administrative barriers.

D. Be flexible but do not improvise.

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