QUESTION Which quotation represents the social-system stability of a company? A) “I know what the company wants to do.” B) “I feel I’m treated fairly here.” C) “I’m proud to be part of this company.” D) “I understand what the organization does.” E) “I’m encouraged to experiment at this company.” ANSWER Answer: B Explanation: […]
QUESTION What are stories, in the business sense? A) the shared beliefs and values that develop within an organization and guide the behavior of its members B) people whose accomplishments embody the values of the organization C) narratives based on true events, which are repeated to emphasize a particular value D) objects, acts, qualities, or […]
QUESTION In which stage of organizational decline might the company’s leaders not pay attention to negative data and overemphasize positive data? A) denial of risk and peril B) capitulation to irrelevance or death C) hubris born of success D) undisciplined pursuit of more E) grasping for salvation ANSWER Answer: A Explanation: A) In the […]
QUESTION Manraj’s company was named one of the Fortune 100 best companies to work for. The company is doing great financially, and Manraj and other employees love working there. They developed three software programs that sold briskly over the past three years, and Manraj proclaimed that they were on a roll that could only continue. […]
QUESTION Manraj’s company has had such great success with its software products that it decides to invest heavily in hardware development. Which stage of organizational decline is the company now entering? A) hubris born of success B) denial of risk and peril C) grasping for salvation D) capitulation to irrelevance or death E) undisciplined pursuit […]
QUESTION Which of the five stages of organizational decline is best described this way: “Here companies begin taking actions inconsistent with their basic values, or outstripping their resources, leading them to ignore their core business”? A) denial of risk and peril B) capitulation to irrelevance or death C) undisciplined pursuit of more D) grasping for […]
QUESTION Some things that reflect an organization’s culture include manner of dress, office layout, and company slogans. Indicate whether the statement is true or false. ANSWER Answer: TRUE Explanation: Organizational culture, sometimes called corporate culture, consists of the shared beliefs and values that develop within an organization and guide the behavior of its members. […]
QUESTION Rainbow Press has two printing presses that can put out a maximum of 2,000 pages per hour each. Even running three shifts, the company has been turning down work because it doesn’t have the capacity to do more. Rainbow’s owner wants to purchase a new printing press that can print a maximum of 5,000 […]
QUESTION Accountability is the obligation to perform the tasks assigned to you. Indicate whether the statement is true or false. ANSWER Answer: FALSE Explanation: Accountability means managers must report and justify their work results to managers above them.The obligation to perform the tasks assigned to you is responsibility.
QUESTION Which of Collins’s five stages of organizational decline is described this way: “We need a magic-bullet solution to keep us going”? A) undisciplined pursuit of more B) grasping for salvation C) hubris born of success D) capitulation to irrelevance or death E) denial of risk and peril ANSWER Answer: B Explanation: B) Grasping […]
