QUESTION Victor Vroom’s expectancy theory says that employees are motivated when they believe more effort will lead to better job performance, which in turn will lead to rewards they value. Indicate whether the statement is true or false ANSWER TRUE
Date: September 3rd, 2020
QUESTION The invisible hand theory holds that the entire society will benefit if people _________. a. act in the interest of societal goodwill b. act in the interest of corporate goodwill c. act in the interest of political goodwill d. act in their own self interests ANSWER d
Date: September 3rd, 2020
QUESTION Which of the following is NOT a disadvantage of a tall organizational structure? A) The long chain of command means that decision making can be slow. B) Communication can be difficult, since it must pass through different layers of management. C) The role of lower-level workers may not be clearly defined, creating confusion over […]
Date: September 3rd, 2020
QUESTION Showing people how a change is working and ensuring management is reinforcing the change are steps in ________. a. empowering people to act b. creating a coalition c. anchoring the change d. establishing a sense of urgency ANSWER c
Date: September 3rd, 2020
QUESTION People who enjoy all five elements of the job characteristics theory likely have very low motivation at work. Indicate whether the statement is true or false ANSWER FALSE
Date: September 3rd, 2020
QUESTION Decision making is a small part of running a successful business. Indicate whether the statement is true or false ANSWER FALSE
Date: September 3rd, 2020
QUESTION In a SWOT analysis, the document that compares a company’s internal strengths and external opportunities against their internal weaknesses and external threats is called a ________. a. strategic balance sheet b. competitive balance sheet c. innovative balance sheet d. entrepreneurial balance sheet ANSWER a
Date: September 3rd, 2020
QUESTION When 3M employee, Arthur Fry, invented the Post-It note, he was acting as a(n) ________. a. intrapreneur b. interpreneur c. social entrepreneur d. franchisee ANSWER a
Date: September 3rd, 2020
QUESTION The leader of a Web news company tells employees that the site must move now to link to social networking sites. The leader is ________. a. empowering people to act b. consolidating and moving forward c. establishing a sense of urgency d. anchoring the change ANSWER c
Date: September 3rd, 2020
QUESTION Who is the 18th century philosopher known as “the father of economics?” a. Adam James b. Adam Smith c. John James d. John Smith ANSWER b
Date: September 3rd, 2020
