MGT 450 Week 4 Quiz ~ ( Latest Syllabus - Updated Jan, 2015 - Perfect Tutorial - Scored 100% )
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Question 1.Which of the following is not effective in a reward and incentive program?
- Tying executive bonuses to achieving companywide objectives
- Bonuses that are part of an executive’s contract when hired
- Giving managers bonuses for achieving operational objectives
- Profit-sharing bonuses for team performance that meets objectives
- Increased autonomy and more challenging assignments for jobs well done
Question 2.Setting objectives before deciding on a strategy provides more options and direction.
- True
- False
Question 3.Policies are a useful guide to formulating strategies.
- True
- False
Question 4.Which is not a source of funds for a company to finance a bundle?
- Cash on hand and from operations
- Selling stock if a public company or getting an equity investment
- Retained earnings
- Adding new long-term debt
- Selling fixed assets
Question 5.Which of the following is a criterion for creating bundles?
- They must not include different strategies
- They must be feasible
- They must invest in other industries
- They must diversify through acquisition
- None of the above
Question 6.The best criteria to use for evaluating strategic alternatives are those that the company perceives as contributing to “success.”
- True
- False
Question 7.Which of the following is an example of a partial objective?
- Increase throughput by 5%/yr
- Increase revenues by 10%/yr
- Increase NIAT by 15%/yr
- Increase international sales by 10%/yr
- Hire 150 more salesmen next year
Question 8.Emergent strategies affect all planned strategies.
- True
- False
Question 9.An adaptive culture is high on which trait?
- Open communications
- Learning
- Teamwork
- Individual initiative
- All of the above
Question 10.GANTT charts and PERT (critical path) software achieve the same purpose.
- True
- False
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