Question Page 1 Question 1.1. (TCO 1) One example of a firm studying it's _____ is an annual assessment o

27 May Question Page 1 Question 1.1. (TCO 1) One example of a firm studying it’s _____ is an annual assessment o

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Question 1.1. (TCO 1) One example of a firm studying it’s _____ is an annual assessment of its labor supply. (Points : 5)

( ) organizational culture
( ) internal environment
( ) external environment
( ) organizational mission

Question 2.2. (TCO 2) The Ford Motor Company sold an auto parts company because profitability was low. The main environmental dimension considered was (Points : 5)

( ) sociocultural.
( ) technological.
( ) economic.
( ) political/legal.
( ) domestic.

Question 3.3. (TCO 3) Which of the following is the MOST common approach to the management of ethics? (Points : 5)

( ) Top management support
( ) A multipage book of organizational policies and procedures
( ) An unwritten code of ethics
( ) A written code of ethics and top management support
( ) Government regulation

Question 4.4. (TCO 4) Which of the following is usually the first type of international business in which a company gets involved? (Points : 5)

( ) Licensing strategy
( ) Joint venture
( ) Importing/exporting strategy
( ) Direct investment
( ) Global sourcing

Question 5.5. (TCO 5) If Delta Airlines decides to buy a regional carrier, this would be an example of a(n) _____ plan. (Points : 5)

( ) operational
( ) strategic
( ) tactical
( ) contingency
( ) standing

Question 6.6. (TCO 6) Identify the statement that is TRUE when comparing large and small businesses. (Points : 5)

( ) Big businesses outnumber small businesses by a wide margin.
( ) Tax policies favor medium-sized businesses.
( ) Small businesses show consistently lower financial performance than big businesses.
( ) Business success creates jobs regardless of size.
( ) Small business formations are on the decline, but the rate for big businesses is increasing.

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Question Page 1 Question 1.1. (TCO 1) One example of a firm studying it’s _____ is an annual assessment o