10 May Question31. (p. 7) Companies such as GE and Nestle, which transcend national borders, are
Question
A. International
B. Transnational
C. Internet
D. Globalized
E. None of the above
32. (p. 7) Globalization is an issue primarily for:
A. Large transnational firms
B. Medium-sized transnational firms
C. Small transnational firms
D. Domestic firms with overseas sales
E. All firms
33. (p. 9) One of the most important factors for change in management is the growing need for:
A. Command-and-control management style
B. Good, new ideas
C. Good, experienced employees
D. Eliminating costs
E. International recognition
refers to the practices aimed at discovering and harnessing an organization’s intellectual
resources?
A. Collaboration
B. Knowledge management
C. Innovation
D. Competitiveness
E. Effectiveness
Chapter 01 – Managing
35. (p. 10) All of the following are forms of collaboration across boundaries EXCEPT:
A. Partnering with a supplier to build success of both companies
B. Competitors joining forces to cooperate in pursuit of a common business interest
C. Sharing knowledge freely across the organization
D. Creating a new product to replace an existing one the company already produces
E. None of the above
Chapter 01 – Managing
36. (p. 11) Which of the following is NOT one of the fundamental success drivers for managing
competitive advantage?
A. Innovation
B. Quality
C. Speed
D. Cost competitiveness
E. All of the above are drivers for competitive advantage
37. (p. 12) _______ is the introduction of new goods and services.
A. Success
B. Strategic quality planning
C. Innovation
D. Competitive advantage
E. Entrepreneurship
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