Question Page 1 Question 1.1.(TCO 1) Which of the following is an example of an organizat

28 May Question Page 1 Question 1.1.(TCO 1) Which of the following is an example of an organizat

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Question 1.1.(TCO 1) Which of the following is an example of an organization? (Points : 7)

The Department of Labor
The Atlanta Braves
IBM
The Boys & Girls Club of America
All of the above

Question 2.2.(TCO 2) Which of the following is an example of a merger? (Points : 7)

Brown Electronics and Kelvin Data Systems form a new company, and Brown and Kelvin cease to exist.
Brown Electronics buys Kelvin Data Systems and continues to operate as Brown Electronics.
Brown Electronics buys Kelvin Data Systems, and Kelvin operates as a subsidiary of Brown.
Brown completes a hostile takeover of Kelvin.
None of the above

Question 3.3.(TCO 3) Which of the following is the most important action that top managers can take to promote ethical behavior? (Points : 7)

Lobby for legislation dealing with ethics
Adhere to ethical standards themselves
Punish those who are unethical
Establish organizational policies
Establish a fair performance appraisal system

Question 4.4.(TCO 4) McDonald’s operates restaurants around the world in airports. The agreement between McDonald’s and the airports is a(n) (Points : 7)

global sourcing agreement.
strategic alliance.
global business.
exporting agreement.
direct investment.

Question 5.5.(TCO 5) A(n) _____ of Choice Waste Management could be to expand operations in two more countries this year. (Points : 7)

tactical plan
mission statement
operational goal
operational plan
strategic goal

Question 6.6.(TCO 6) The overall purpose of a business plan is to (Points : 7)

identify all actions required up to the point when the firm opens its doors.
outline activities for the business in its first year of operation.
provide prospective lenders with a blueprint for action.
determine potential demand for the firm’s product or service.
determine the most appropriate form of ownership.

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