Mgmt 303 principles of management final exam set 1 devry

MGMT 303 Principles of Management Final Exam 

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Week 8 Final Exam (Version 1)

(TCO1) When the dean of the college of business downsized the college from five departments to four departments, the dean primarily was performing the ____ function of management. (Points : 2)

(TCO 2) State supported universities receive money from state tax payers. Harvard University’s endowmentis so large that Harvard is guaranteed significant income just from the interest the fund generates. The ____dimension of these competitors is different. (Points : 2)

(TCO 2) The expiration of a pharmaceutical drug patent allows generic drug makers to introduce the same chemical compound under a different name and at lower prices. This is an example of ____ for the developer of the original drug. (Points : 2)

(TCO3) New York passed a law requiring no smoking in bars and restaurants. Owners who pressure bartenders and waiters to sell to people who are smoking in order to keep profits high are taking a(n)____ stance toward social responsibility. (Points : 2)

(TCO4) Coca-Cola is based out of Atlanta but reaches into hundreds of countries. The product is locally packaged, but the cola inside is essentially the same throughout the world. Coca-Cola is edging closer to being a(n) ____ business. (Points : 2)

(TCO4) The growth of multinational corporations has left little room for distinction. Any perceived competitive advantage is quickly copied. However, an area for competitive advantage remains in the level of ____ organizations attract, motivate, and retain. (Points : 2)

(TCO5) The ____ of Applebee’s is to gain “weekly repeat guests through providing surprisingly friendlyhospitality, superior quality food, and world class service and value.” (Points : 2)

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