Liberty University Busi 310 Test Exam 2 Complete Solutions Correct Answers Key

A complete Exam 2 solution for BUSI 310, ensuring thorough understanding.

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Liberty University Busi 310 Test Exam 2complete solutionscorrect answerskeyMore than 3 versionsTheprocess by which an organization compares its performance against not only its competitors but also other high performingorganizations isreferred to asEffective planning will help an organizationThe third step in the MBO process isThe first three stages of the formal planning process areConcentration, vertical integration, conglomerate diversification, and concentric diversification are all types ofThe goal of planning is toWhich of the following is the major disadvantage of a Functional structure?Which of the following is involved in inventory management?Traditional organizational structures includeWhich type of leadership style results in subordinates exhibiting negative attitudes and lower performance because the leaderhasdissociated themselves from the subordinates?_____define subordinate assignments and provide direction but they rely heavily training and seek to pass their knowledge andskill onto the subordinate.When does an organization favor the leader-centered methods of decision making?The four levels of Principle-centered leadership areWhich of the following is NOT one of the three situational characteristics defined by Fiedler?According to Vroom-Jago’s leadership theory, success is built upon the principles of character, competence, and trust.Which of the following is NOT a trait necessarily associated with successful leaders?Which type of leadership is most closely related to McGregor’s Theory X?_____is the belief than an employee will comply in exchange for rewards controlled by the supervisor.Which of the following characterizes a leader?Which of the following chracterizes a managerThe threedifferent aspects of leadership are___ power is found inherent to a positionPeople-oriented leadersBehavior theories only reflect the tendencies of a leader; they do not account for external influencesThe ____ studied the characteristics of aleader and the situation in which they were leadingTask structure can be either strong or weak and measures the degree to which tasks, procedures, and goals are clear andunambiguousThe key to ____ leadership is to put the leader's style in situations where the style is the most effectiveWHich leadership model states that leadership style is affected on task behavior and relationship behavior?The ability and willingness of a person to take responsibility for directing their own actions in relation to a specific taskis known asAccording the Path-Goal theory, _____ leadership involves subordinates in the decision-making process where information is freelyexchanged between the two.According to Path-Goal theory, substitutes for leadership include all of the following EXCEPTAccording to the Vroom-Jago Model of decision making, which of the following is Not a decision-making option?The transactional leadership method proves to be more dynamic approach to leadership with a focus on individuals within theorganization.A common trait of the transformational leader isWHich of the following is one of the five concepts that organizations must consider and accept in order to achieve greatnessThe four levels of Principle-centered leadership areAccording to Convey, which of the following is NOT considered a characteristic of principle-centered leaders?The three steps in the change process described by Kurt Lewin areWhich of the following was in one of John Kotter's eight steps leading to organizational change?An organization's code of ethics shouldWHich of the following is NOT a step in the basic planning processThe ____ is the reason that an organization existsThe second step of the Spendolini Benchmarking Model isConcentration, vertical integration, conglomerate diversification, and concentric diversification are all types ofStrategic plans that are made at mid-level of an organization areWhen a compnay adds new products or business that are unrelated to any of the organization's products, markets, or business,theorganizion is employingWhich of the flowing is does not describe a well written policyBring in ouside assesors, evaluating the team, performing risk analysis and implmenting an early warning system are all stepsthat a______ manager would need to takeWhich of the following is true of scenario planningThe components of the internal control process areFormal discipline can includeWhich of the following is NOT included in an organizational chartAll of the following areadvantages of a Matrix structure EXCEPTWhich of the following is the major disadvantage of a Functional structureIn a highly centralized organizationEvaluating the current condition of an organization and its capabilities to determine future plans.An organizational structure where employees are grouped according to the product or service they produce.A small number of people who have complementary skills committed to a common purpose, or performance goals.The overarching goal of an organization used to guide management.Anticipating as many future events as possible to formulate a course of action.A picture of an organization’s future that works to build commitment of the organization’s goalsThe adding of new products or business unrelated to any of the organization’s products, markets, or business.The adding of new products or business that produce similar products/services to the organization’s current products or business.Made at the mid-level of an organization as a foundation for operational plans.

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Outlines actions to be taken in certain events listing what is acceptable and not acceptable in the workplace.Steps that employees take to ensure the successful completion of a taskOutline the steps that employees are to take in performing their job.The process where an organization compares its performance against its competitors and high performing organizationsWhen a company acquires a company that supplies products used in production.The awareness of potential risks and developing plans for possible future conditions.Gives managers the tools needed to effectively monitor progress towards an objective.Actions that are taken to address risk affecting an organization’s ability to achieve its objectives.A central organization that works together with assorted independent companies.The number of workers who report directly to a supervisor or manager.The point at which total sales revenues equal total costs.Utilized to analyze trends and determine an organization’s financial numbers over a period of time.The efficient transformation of an organization’s input in to the output of a product or service.Makes decisions after having gathering input from subordinates.Involves the creation of pleasant working environment by forecasting the needs of subordinates.Leaders who operate at the level of greatness and want their organization continue to be successful after they have gone.When a leader engages in two-way communication by providing socio-emotional support.Facilitating and establishoverall direction, but allow subordinated to conduct daily operations.Employs a domineering approach to leadership.The ability of a leader to dispense rewards and punishment.Assume that individuals are born with traits that are suited to leadership.When a leader engages in one-way communication by explaining what each follower is to do, and when, where, and how tasks are tobe accomplished.Closely supervise and direct subordinates.Define subordinate assignments and provide direction but rely heavily on training.Include regularity of tasks and the availability of feedback.When a leader focuses on what the organization does best instead of the organization being the best.Proposed the theory of Servant LeadershipHow a leader’s traits and behaviors within a given situation would impact leadership effectiveness.Proposed the theory of Principle-Centered leadership.The establishment of specific objectives and clear rules including detailed job assignments, providing comprehensive training, andcreating well-defined operational structure.Based on the premise that a leader should have the ability to adapt different leadership styles to different leadership styles.Include clear, concise plans and formal rules and procedures.Measures the degree to which tasks, procedures, and goals are clear and unambiguous.Is most appropriately applied when subordinates are highly mature in task competence and commitment.From your reading in Genesis 1:7, 2:7; Exodus 40: 116; Jeremiah 23: 34; ICorinthians 12:28; and,Romans 12: 38, what aspect of the management function of Organizing, as noted in Chapter 3 of the textbook, do these versesfocus?Provide specific examples from each verse.From your reading of Exodus 20:117,Deuteronomy 6:5; 10:12, provide specific examples of how these requirements manifestthemselves in the business environment.Provide two specific theories found in Chapter 4 of the textbook and connect the theories tohow those verses provide a foundation for success.ClickSolutionsto find more stuff from Liberty University

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Question 12 out of 2 pointsTheprocessbywhichanorganizationcomparesitsperformanceagainstnotonlyitscompetitorsbutalsootherhighperformingorganizationsisreferredtoasSelectedAnswer:BenchmarkingQuestion 22 out of 2 pointsEffectiveplanningwillhelpanorganizationSelectedAnswer:SavetimeQuestion 32 out of 2 pointsThethirdstepintheMBOprocessisSelectedAnswer:ObjectivelyviewingthegoalspreviouslysetQuestion 42 out of 2 pointsThefirstthreestagesoftheformalplanningprocessareSelectedAnswer:Situationalanalysis,generationofalternativegoalsandplans,evaluationofgoalsandplansQuestion 52 out of 2 pointsConcentration,verticalintegration,conglomeratediversification,andconcentricdiversificationarealltypesofSelectedAnswer:StrategyformulationQuestion 62 out of 2 pointsThegoalofplanningistoSelectedAnswer:AlloftheaboveQuestion 72 out of 2 pointsWhichofthefollowingisthemajordisadvantageofaFunctionalstructure?SelectedAnswer:NoneoftheaboveQuestion 82 out of 2 pointsWhichofthefollowingisinvolvedininventorymanagement?
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