Ashford University MGT 330 Week 1 quiz

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 1. Question : Costco has been successful in part due to its unique approach to staffing. Which of the following statements correctly explains its approach in this area?
  Student Answer:    Costco promotes employees with in-store experience and sponsors them to take graduate-level business courses.
     Costco hires only managers who have worked for its competitors.

     Costco holds employees’ jobs while they pursue business school degrees on their own.
     Costco hires business school graduates directly out of college.

   
Question 2. Question : ________ is/are an example of a recession-sensitive industry, while ________ is/are an example of a recession-proof industry.
  Student Answer:    toiletries; construction

     auto parts; air travel

      air travel; toiletries

     toiletries; auto parts

Question 3. Question : Which of the following expressions most closely captures the essence of a strategic business unit?
  Student Answer:   “the lifeblood of a company”

      “a company within a company”

     “the heart of a company”

     “the future of a company”

Question 4. Question : Howard is the CEO of Run! Jump! Sing!, a chain of indoor play gyms for toddlers and preschoolers. After repeatedly hearing from gym staff that several children have been hurt in the bounce house play area, Howard decides to remove all bounce houses from Run! Jump! Sing! establishments. What kind of assessment is this most likely described as?
  Student Answer:   strategic assessment

      tactical/functional assessment

      operational assessment

     external environmental assessment


Question 5. Question : Diehard Sneakers’ quality control team analyzes how often their product is returned because of defects. What kind of assessment is this?
  Student Answer:   strategic assessment

      tactical/functional assessment

      operational assessment

     external environmental assessment

Question 6. Question : Which of the following is NOT considered an influential social trend?
  Student Answer:   educational disparity

      recession

     gender expectations

     family size


Question 7. Question : Before establishing her own dentist office, Dr. Thorton evaluates other dentist services in the area. What element of a SWOT analysis would other dentist services most closely represent?
  Student Answer:   strength

      opportunity

      threat

     weakness

   
Question 8. Question : All of the following are considered noncontrollable forces EXCEPT
  Student Answer:   social trends

     technological changes

      local communities

     political forces


Question 9. Question : Which of the following lists correctly identifies the five management functions?
  Student Answer:   organizing, staffing, leading, controlling, and financing

      planning, organizing, staffing, leading, and controlling

     planning, organizing, staffing, leading, and financing

     planning, staffing, leading, controlling, and budgeting

   
Question 10. Question : Which of the following is NOT a characteristic of organization?
  Student Answer:    All organizations need at least one member.

     All organizations have a hierarchy of authority.

     All organizations divide tasks among their members.

     All the members of an organization share a common purpose or goal.

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    Ashford University MGT 330 Week 1 quiz Correct Answers

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