Strayer MGT 500 MGT/500 MGT500 Midterm Solutions (Spring 2017)



  1. Which of the following is not a decisional role?
  2. The degree to which an organization achieves a stated goal refers to
  3. ____ is the understanding of and proficiency in the performance of specific tasks.
  4. Which of the following uses the latest information technology to keep in close touch with customers and to collect and manage large amounts of customer data?
  5. Maslow’s hierarchy of needs started with which of these needs?
  6. Which of the following is a bar graph that measures planned and completed work along each stage of production by time elapsed?
  7. ____ system draws resources from the external environment and releases goods and services back to it.
  8. The level of corporate culture which cannot be seen but can be discerned from how people explain and justify what they do is
  9. The general environment dimension that includes consumer purchasing power, the unemployment rate, and interest rates is called the
  10. The ____ is a single European currency that replaced 12 national currencies and unify a huge marketplace.
  11. Language, values, religion, and education all describe which dimension in the international environment?
  12. The management of business operations conducted in more than one country is called
  13. Regarding the levels of personal moral development, the majority of managers operate at the ____ level.
  14. ____ is considered a decision that enables an individual or company to benefit at society’s expense
  15. ____ refers to the concept that different treatment of people should not be based on arbitrary characteristics.
  16. Which of the following is an unincorporated business owned by two or more?
  17. A group of companies or individuals that invests money in new or expanding businesses for ownership and potential profits is known as
  18. Which of these refers to the financing that consists of funds that are invested in exchange for ownership in the company?
  19. ____ enables firms to cope with unexpected events that are so sudden and devastating that they have the potential to destroy the organization if managers aren’t prepared with a quick and appropriate response.
  20. A project is an example of a
  21. ____ is the final step in the MBO process.
  22. With a(n) ____ strategy, the organization concentrates on a specific regional market or buyer group.
  23. Which of Porter’s five forces is influenced by all of the other four?
  24. Which of the following is a business activity that an organization does especially well relative to its competition?
  25. The BCG matrix organizes along which of the following dimensions?